Accel Entertainment
ACEL
33 hedge funds and large institutions have $268M invested in Accel Entertainment in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
10% more funds holding
Funds holding: 30 → 33 (+3)
2.63% more ownership
Funds ownership: 56.1% → 58.73% (+2.6%)
4% more capital invested
Capital invested by funds: $259M → $268M (+$9.24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$6.4M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$2.95M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.18M |
| 4 |
CI
Cowen Inc
New York
|
+$2.08M |
| 5 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.03M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$2.07M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$1.68M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$1.01M |
| 5 |
Walleye Trading
New York
|
-$487K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Millennium Management
New York
| $2.05M | – | – | – |
|
|
ACH
27
ArrowMark Colorado Holdings
Denver,
Colorado
| $1.81M | -$113K | -11,202 | -6% |
|
|
WAM
28
Weiss Asset Management
Boston,
Massachusetts
| $1.54M | – | – | – |
|
|
HIM
29
HGC Investment Management
Toronto,
Ontario, Canada
| $828K | – | – | – |
|
|
30
Walleye Trading
New York
| $647K | -$487K | -48,135 | -43% |
|
|
KC
31
Kepos Capital
New York
| $613K | +$137K | +13,545 | +29% |
|
32
Stifel Financial
St. Louis,
Missouri
| $351K | +$347K | +34,354 | New |
|
|
PGC
33
Pacific Grove Capital
San Francisco,
California
| $2.04K | +$2.02M | +200,000 | New |
|
34
UBS Group
Zurich,
Switzerland
| – | -$2K | -200 | Closed |
|
ACEL Hedge Fund Activity: Q1 2019 in Review
33 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q1 2019, worth a combined $268M — up 3.6% from $259M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ACEL positions and 1 closed out — a net gain of 3 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Linden Advisors, opening a new position worth an estimated $6.4M. The largest seller was Basso Capital Management, cutting an estimated $3.03M.
- 33 institutional investors held Accel Entertainment (ACEL) as of Q1 2019, up from 30 in Q4 2018.
- Funds reported $268M of Accel Entertainment stock for Q1 2019, up 3.6% quarter-over-quarter.
- 4 funds opened new Accel Entertainment positions in Q1 2019 and 1 closed out, a net change of +3 holders.
- The largest Accel Entertainment buyer in Q1 2019 was Linden Advisors, an estimated $6.4M added.
- The largest Accel Entertainment seller in Q1 2019 was Basso Capital Management, an estimated $3.03M sold.
Based on aggregated 13F filings for Q1 2019.