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Accel Entertainment

40 hedge funds and large institutions have $336M invested in Accel Entertainment in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

25% more capital invested

Capital invested by funds: $268M → $336M (+$68.3M)

21% more funds holding

Funds holding: 3340 (+7)

13.14% more ownership

Funds ownership: 58.73%71.86% (+13%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

31% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 13

Holders
40
Holders Change
+7
Holders Change %
+21.21%
% of All Funds
0.87%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
11
Increased
9
Reduced
13
Closed
4
Calls
$6.93M
Puts
Net Calls
+$6.93M
Net Calls Change
+$126K
Name Holding Trade Value Shares
Change
Change in
Stake
MAM
26
Myriad Asset Management
Hong Kong
$3.12M +$3.1M +299,595 New
PC
27
Periscope Capital
Ontario, Canada
$2.52M -$1.81M -175,000 -42%
Millennium Management
28
Millennium Management
New York
$2.08M +$382 +37 +0%
WRBC
29
W.R. Berkley Corp
Connecticut
$2.05M -$3.08M -297,717 -60%
VOAM
30
Vertex One Asset Management
British Columbia, Canada
$2M +$1.99M +192,798 New
BCM
31
Bluefin Capital Management
New York
$1.63M +$1.62M +156,580 New
CS
32
Credit Suisse
Switzerland
$1.04M +$1.03M +100,000 New
ACH
33
ArrowMark Colorado Holdings
Colorado
$1.01M -$835K -80,762 -45%
BCM
34
Basso Capital Management
Connecticut
$998K -$1.12M -108,195 -53%
HIM
35
HGC Investment Management
Ontario, Canada
$844K
LIM
36
Longfellow Investment Management
Massachusetts
$752K -$2.9M -280,293 -79%
Stifel Financial
37
Stifel Financial
Missouri
$305K -$51.7K -5,000 -15%
California Public Employees Retirement System
38
California Public Employees Retirement System
California
$108K +$107K +10,342 New
Morgan Stanley
39
Morgan Stanley
New York
$5K +$4.74K +459 New
TRCT
40
Tower Research Capital (TRC)
New York
$3K +$3.39K +328 New
PWAM
41
Park West Asset Management
California
-$6.39M -625,473 Closed
OAM
42
Oxford Asset Management
United Kingdom
-$3.66M -357,760 Closed
PGC
43
Pacific Grove Capital
California
-$2.04K -200,000 Closed
Walleye Trading
44
Walleye Trading
New York
-$647K -63,377 Closed

ACEL Hedge Fund Activity: Q2 2019 in Review

40 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q2 2019, worth a combined $336M — up 25% from $268M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ACEL positions and 4 closed out — a net gain of 7 holders — while 9 added to existing stakes and 13 trimmed.

The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $21.1M. The largest seller was Deutsche Bank, cutting an estimated $11.4M.

  • 40 institutional investors held Accel Entertainment (ACEL) as of Q2 2019, up from 33 in Q1 2019.
  • Funds reported $336M of Accel Entertainment stock for Q2 2019, up 25% quarter-over-quarter.
  • 11 funds opened new Accel Entertainment positions in Q2 2019 and 4 closed out, a net change of +7 holders.
  • The largest Accel Entertainment buyer in Q2 2019 was Hudson Bay Capital Management, an estimated $21.1M added.
  • The largest Accel Entertainment seller in Q2 2019 was Deutsche Bank, an estimated $11.4M sold.

Based on aggregated 13F filings for Q2 2019.