Hill Path Capital LP: PENN ENTERTAINMENT INC (PENN): Quarterly 13F Position History
As of Q1 2026, Hill Path Capital LP reported 5,759,820 shares of PENN ENTERTAINMENT INC (PENN), worth $86.6M and representing 6.3% of its 13F equity book. The position first appeared in Q2 2025 and has been disclosed across 4 13F-HR filings in Pactolio's tracked window.
- 5,759,820Shares Held (Latest Filing)
- $86.6MReported Market Value (Latest Filing)
- 6.3%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$1.6MQuarter-over-Quarter Value Change
- 5,759,820Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 4 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 5,759,820 | 0 | — | $86.6M | 6.3% | $15.0 |
| Q4 2025 | 5,759,820 | 0 | — | $85.0M | 5.5% | $14.8 |
| Q3 2025 | 5,759,820 | +2,257,000 | +64.4% | $110.9M | 5.4% | $19.3 |
| Q2 2025 | 3,502,820 | — | — | $62.6M | 3.2% | $17.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Hill Path Capital LP first disclose a PENN position in 13F-HR filings?
Hill Path Capital LP first reported PENN ENTERTAINMENT INC (PENN) on its 13F-HR filing for the period ending 2025-06-30 (Q2 2025). The position has appeared on 4 reported quarters within Pactolio's tracked window.
What was Hill Path Capital LP's most recent quarter-over-quarter share-count change in PENN?
Hill Path Capital LP held the same 5,759,820 shares of PENN between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent Hill Path Capital LP's cost basis in PENN?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.