Accel Entertainment
ACEL
30 hedge funds and large institutions have $259M invested in Accel Entertainment in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
11% more capital invested
Capital invested by funds: $234M → $259M (+$25.2M)
3% more funds holding
Funds holding: 29 → 30 (+1)
3.4% more ownership
Funds ownership: 52.69% → 56.1% (+3.4%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
26
Oxford Asset Management
Oxford,
United Kingdom
| $1.68M | +$1.69M | +167,891 | New |
|
|
WAM
27
Weiss Asset Management
Boston,
Massachusetts
| $1.5M | +$1.51M | +150,450 | New |
|
28
Walleye Trading
New York
| $1.11M | +$353K | +35,114 | +46% |
|
|
HIM
29
HGC Investment Management
Toronto,
Ontario, Canada
| $811K | – | – | – |
|
|
KC
30
Kepos Capital
New York
| $465K | +$466K | +46,455 | New |
|
31
UBS Group
Zurich,
Switzerland
| $2K | +$2.01K | +200 | New |
|
|
ICM
32
Indaba Capital Management
San Francisco,
California
| – | -$15.1M | -1,500,000 | Closed |
|
|
PGC
33
Pacific Grove Capital
San Francisco,
California
| – | -$5.3K | -526,067 | Closed |
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.46M | -144,931 | Closed |
|
|
CI
35
Cowen Inc
New York
| – | -$455K | -45,151 | Closed |
|
ACEL Hedge Fund Activity: Q4 2018 in Review
30 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q4 2018, worth a combined $259M — up 11% from $234M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ACEL positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Schonfeld Strategic Advisors, opening a new position worth an estimated $12M. The largest seller was Indaba Capital Management, exiting entirely with an estimated $15.1M sold.
- 30 institutional investors held Accel Entertainment (ACEL) as of Q4 2018, up from 29 in Q3 2018.
- Funds reported $259M of Accel Entertainment stock for Q4 2018, up 11% quarter-over-quarter.
- 6 funds opened new Accel Entertainment positions in Q4 2018 and 5 closed out, a net change of +1 holder.
- The largest Accel Entertainment buyer in Q4 2018 was Schonfeld Strategic Advisors, an estimated $12M added.
- The largest Accel Entertainment seller in Q4 2018 was Indaba Capital Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2018.