Accel Entertainment
ACEL
99 hedge funds and large institutions have $471M invested in Accel Entertainment in 2020 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 11 closing their positions.
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
113% more call options, than puts
Call options by funds: $749K | Put options by funds: $352K
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
60% more capital invested
Capital invested by funds: $295M → $471M (+$176M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more funds holding
Funds holding: 82 → 99 (+17)
9.1% more ownership
Funds ownership: 39.21% → 48.31% (+9.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenvale Capital
London,
United Kingdom
|
+$36.1M |
| 2 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$19.8M |
| 3 |
CPM
Crescent Park Management
East Palo Alto,
California
|
+$17.3M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$16M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$7.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
DSC Advisors
Chicago,
Illinois
|
-$4.91M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$3.1M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$1.98M |
| 4 |
IC
Iconiq Capital
San Francisco,
California
|
-$1.86M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IC
101
Iconiq Capital
San Francisco,
California
| – | -$1.86M | -193,543 | Closed |
|
102
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$482K | -50,000 | Closed |
|
103
Alyeska Investment Group
Chicago,
Illinois
| – | -$471K | -48,858 | Closed |
|
|
IWP
104
Icon Wealth Partners
Houston,
Texas
| – | -$236K | -24,500 | Closed |
|
105
SG Americas Securities
New York
| – | -$221K | -22,940 | Closed |
|
|
CFC
106
Coyle Financial Counsel
Glenview,
Illinois
| – | -$144K | -15,000 | Closed |
|
|
AG
107
AlphaSimPlex Group
Boston,
Massachusetts
| – | -$138K | -14,353 | Closed |
|
|
SO
108
STRS Ohio
Columbus,
Ohio
| – | -$104K | -10,800 | Closed |
|
|
TPCW
109
TD Private Client Wealth
New York
| – | -$14.3K | -1,484 | Closed |
|
|
S
110
SignatureFD
Atlanta,
Georgia
| – | -$3K | -350 | Closed |
|
ACEL Hedge Fund Activity: Q3 2020 in Review
99 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q3 2020, worth a combined $471M — up 60% from $295M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ACEL positions and 11 closed out — a net gain of 17 holders — while 37 added to existing stakes and 21 trimmed.
The largest buyer was Greenvale Capital, opening a new position worth an estimated $36.1M. The largest seller was DSC Advisors, exiting entirely with an estimated $4.91M sold.
- 99 institutional investors held Accel Entertainment (ACEL) as of Q3 2020, up from 82 in Q2 2020.
- Funds reported $471M of Accel Entertainment stock for Q3 2020, up 60% quarter-over-quarter.
- 28 funds opened new Accel Entertainment positions in Q3 2020 and 11 closed out, a net change of +17 holders.
- The largest Accel Entertainment buyer in Q3 2020 was Greenvale Capital, an estimated $36.1M added.
- The largest Accel Entertainment seller in Q3 2020 was DSC Advisors, an estimated $4.91M sold.
Based on aggregated 13F filings for Q3 2020.