Accel Entertainment
ACEL
119 hedge funds and large institutions have $372M invested in Accel Entertainment in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 34 reducing their positions, and 14 closing their positions.
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
21% more capital invested
Capital invested by funds: $307M → $372M (+$65.3M)
15% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 34
3% more funds holding
Funds holding: 116 → 119 (+3)
0.74% more ownership
Funds ownership: 46.42% → 47.16% (+0.74%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
92% less call options, than puts
Call options by funds: $418K | Put options by funds: $5.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIP
HUB Investment Partners
Austin,
Texas
|
+$6.95M |
| 2 |
DPCM
Darlington Partners Capital Management
Greenbrae,
California
|
+$4.51M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$3.4M |
| 4 |
Millennium Management
New York
|
+$1.48M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$13.1M |
| 2 |
CPM
Crescent Park Management
East Palo Alto,
California
|
-$2.46M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.06M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$961K |
| 5 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$797K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
126
HRT Financial
New York
| – | -$163K | -21,272 | Closed |
|
|
SCP
127
Seizert Capital Partners
Birmingham,
Michigan
| – | -$139K | -18,038 | Closed |
|
128
Principal Financial Group
Des Moines,
Iowa
| – | -$86.7K | -11,258 | Closed |
|
|
WCM
129
Wedge Capital Management
Charlotte,
North Carolina
| – | -$79K | -10,305 | Closed |
|
|
PMEF
130
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$16.7K | -2,168 | Closed |
|
|
QCG
131
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$6.83K | -887 | Closed |
|
|
C
132
Covestor
London,
United Kingdom
| – | +$9 | +1 | +4% |
|
ACEL Hedge Fund Activity: Q1 2023 in Review
119 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q1 2023, worth a combined $372M — up 21% from $307M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ACEL positions and 14 closed out — a net gain of 4 holders — while 39 added to existing stakes and 34 trimmed.
The largest buyer was HUB Investment Partners, opening a new position worth an estimated $6.95M. The largest seller was Light Street Capital Management, cutting an estimated $13.1M.
- 119 institutional investors held Accel Entertainment (ACEL) as of Q1 2023, up from 116 in Q4 2022.
- Funds reported $372M of Accel Entertainment stock for Q1 2023, up 21% quarter-over-quarter.
- 18 funds opened new Accel Entertainment positions in Q1 2023 and 14 closed out, a net change of +4 holders.
- The largest Accel Entertainment buyer in Q1 2023 was HUB Investment Partners, an estimated $6.95M added.
- The largest Accel Entertainment seller in Q1 2023 was Light Street Capital Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2023.