Accel Entertainment
ACEL
92 hedge funds and large institutions have $490M invested in Accel Entertainment in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 39 reducing their positions, and 12 closing their positions.
13% more capital invested
Capital invested by funds: $435M β $490M (+$55.6M)
1.8% more ownership
Funds ownership: 46.14% β 47.94% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 β 3 (0)
6% less funds holding
Funds holding: 98 β 92 (-6)
31% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 39
35% less call options, than puts
Call options by funds: $443K | Put options by funds: $679K
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$12.1M |
| 2 |
GC
Greenvale Capital
London,
United Kingdom
|
+$7.27M |
| 3 |
BlackRock
New York
|
+$6.91M |
| 4 |
AWS
AJ Wealth Strategies
New York
|
+$3.55M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.74M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.58M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$2.4M |
| 4 |
ECM
Element Capital Management
New York
|
-$2.27M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.84M |
ACEL Hedge Fund Activity: Q1 2021 in Review
92 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q1 2021, worth a combined $490M β up 13% from $435M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ACEL and 6 opened new positions β a net loss of 6 holders β while 39 trimmed existing stakes and 27 added.
The largest buyer was American Century Companies, adding an estimated $12.1M. The largest seller was Millennium Management, cutting an estimated $3.74M.
- 92 institutional investors held Accel Entertainment (ACEL) as of Q1 2021, down from 98 in Q4 2020.
- Funds reported $490M of Accel Entertainment stock for Q1 2021, up 13% quarter-over-quarter.
- 6 funds opened new Accel Entertainment positions in Q1 2021 and 12 closed out, a net change of -6 holders.
- The largest Accel Entertainment buyer in Q1 2021 was American Century Companies, an estimated $12.1M added.
- The largest Accel Entertainment seller in Q1 2021 was Millennium Management, an estimated $3.74M sold.
Based on aggregated 13F filings for Q1 2021.