PAR Capital Management’s Pinnacle Entertainment Inc. PNK Stock Holding History

PAR Capital Management’s Portfolio PNK Stock Details PNK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-50,854	Closed	-$1.08M	–	88
2017 Q3	$1.08M	Hold	50,854	–	–	0.01%	77
2017 Q2	$1M	Sell	50,854 -262,574	-84%	-$5.27M	0.01%	77
2017 Q1	$6.12M	Hold	313,428	–	–	0.07%	65
2016 Q4	$4.54M	Hold	313,428	–	–	0.06%	69
2016 Q3	$3.87M	Hold	313,428	–	–	0.06%	74
2016 Q2	$3.47M	Sell	313,428 -2,061,630	-87%	-$39.8M	0.06%	69
2016 Q1	$83.4M	Buy	2,375,058 +146,530	+7%	+$4.42M	1.34%	21
2015 Q4	$69.4M	Buy	2,228,528 +706,228	+46%	+$23.8M	1.28%	21
2015 Q3	$51.5M	Buy	1,522,300 +262,893	+21%	+$9.95M	1.09%	23
2015 Q2	$47M	Hold	1,259,407	–	–	1.06%	27
2015 Q1	$45.5M	Buy	1,259,407 +169,941	+16%	+$4.54M	1.05%	26
2014 Q4	$24.2M	Buy	1,089,466 +689,466	+172%	+$16M	0.56%	32
2014 Q3	$10M	Hold	400,000	–	–	0.27%	49
2014 Q2	$10.1M	Hold	400,000	–	–	0.28%	47
2014 Q1	$9.48M	Hold	400,000	–	–	0.29%	46
2013 Q4	$10.4M	Hold	400,000	–	–	0.35%	40
2013 Q3	$10M	Hold	400,000	–	–	0.31%	40
2013 Q2	$7.87M	Buy	+400,000	New	+$7.51M	0.22%	45

Other funds holding PNK

BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

FFA

First Foundation Advisors Irvine, California $2.48B AUM 18.56% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

PAR Capital Management's PNK Position: Q4 2017 in Review

PAR Capital Management sold out of Pinnacle Entertainment Inc. (PNK) in Q4 2017, closing a stake of 50,854 shares — an estimated $1.08M sold.

PAR Capital Management first reported a position in PNK in Q2 2013 and held it in 18 quarters. The position peaked at $83.4M in Q1 2016. 163 funds tracked by Wall St. Rank hold PNK as of Q4 2017.

PAR Capital Management reported no remaining Pinnacle Entertainment Inc. position as of Q4 2017 after selling out during the quarter.
PAR Capital Management sold 50,854 Pinnacle Entertainment Inc. shares in Q4 2017, an estimated $1.08M.
PAR Capital Management first reported a position in Pinnacle Entertainment Inc. in Q2 2013 and held it in 18 quarters.
PAR Capital Management's Pinnacle Entertainment Inc. position peaked at $83.4M in Q1 2016.
163 funds tracked by Wall St. Rank held Pinnacle Entertainment Inc. as of Q4 2017.

Based on PAR Capital Management's 13F filing for Q4 2017, filed 14 Feb 2018.