Accel Entertainment
ACEL
124 hedge funds and large institutions have $426M invested in Accel Entertainment in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 29 closing their positions.
1,697% more call options, than puts
Call options by funds: $701K | Put options by funds: $39K
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
1.29% less ownership
Funds ownership: 50.64% → 49.35% (-1.3%)
8% less funds holding
Funds holding: 135 → 124 (-11)
15% less capital invested
Capital invested by funds: $500M → $426M (-$74.6M)
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
LPL Financial
San Diego,
California
|
+$10.6M |
| 2 |
GC
Greenvale Capital
London,
United Kingdom
|
+$4.22M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.15M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.48M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.38M |
Top Sellers
| 1 |
APP
Avantax Planning Partners
Dubuque,
Iowa
|
-$19.4M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.89M |
| 3 |
Morgan Stanley
New York
|
-$3.43M |
| 4 |
Millennium Management
New York
|
-$2.57M |
| 5 |
EWM
EPG Wealth Management
Atlanta,
Georgia
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
US Bancorp
Minneapolis,
Minnesota
| – | -$3.11K | -264 | Closed |
|
|
AWM
152
Avior Wealth Management
Omaha,
Nebraska
| – | -$129 | -11 | Closed |
|
|
RIL
153
Rothschild Investment LLC
Chicago,
Illinois
| – | -$118 | -10 | Closed |
|
ACEL Hedge Fund Activity: Q2 2024 in Review
124 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q2 2024, worth a combined $426M — down 15% from $500M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ACEL and 20 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 45 added.
The largest buyer was LPL Financial, adding an estimated $10.6M. The largest seller was Avantax Planning Partners, exiting entirely with an estimated $19.4M sold.
- 124 institutional investors held Accel Entertainment (ACEL) as of Q2 2024, down from 135 in Q1 2024.
- Funds reported $426M of Accel Entertainment stock for Q2 2024, down 15% quarter-over-quarter.
- 20 funds opened new Accel Entertainment positions in Q2 2024 and 29 closed out, a net change of -9 holders.
- The largest Accel Entertainment buyer in Q2 2024 was LPL Financial, an estimated $10.6M added.
- The largest Accel Entertainment seller in Q2 2024 was Avantax Planning Partners, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2024.