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Accel Entertainment

21 hedge funds and large institutions have $174M invested in Accel Entertainment in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

46% more capital invested

Capital invested by funds: $119M → $174M (+$54.8M)

31% more funds holding

Funds holding: 1621 (+5)

12.79% more ownership

Funds ownership: 26.82%39.61% (+13%)

Holders
21
Holders Change
+5
Holders Change %
+31.25%
% of All Funds
0.48%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
5
Reduced
3
Closed
2
Calls
$6.49M
Puts
Net Calls
+$6.49M
Net Calls Change
+$6.49M
Name Holding Trade Value Shares
Change
Change in
Stake
ACPU
1
Arrowgrass Capital Partners (US)
Delaware
$22.3M +$22.3M +2,289,090 New
GL
2
Governors Lane
New York
$21.9M
Alyeska Investment Group
3
Alyeska Investment Group
Illinois
$19.5M +$19.5M +2,000,001 New
ICM
4
Indaba Capital Management
California
$14.6M
FTCM
5
Fir Tree Capital Management
New York
$13.7M
LIM
6
Longfellow Investment Management
Massachusetts
$12.1M +$10.6M +1,091,019 +694%
Deutsche Bank
7
Deutsche Bank
Germany
$11.8M +$11.2M +1,147,194 +1,622%
MCM
8
Moore Capital Management
New York
$8.78M
HI
9
HBK Investments
Texas
$7.8M
PAMP
10
Polar Asset Management Partners
Ontario, Canada
$7.54M +$6.82M +700,000 +933%
KPF
11
K2 Principal Fund
Ontario, Canada
$6.71M -$4.97M -510,300 -43%
LA
12
Linden Advisors
New York
$6.17M
PWAM
13
Park West Asset Management
California
$6.09M +$248K +25,476 +4%
WRBC
14
W.R. Berkley Corp
Connecticut
$5.79M +$4.3M +441,373 +287%
BCM
15
Basso Capital Management
Connecticut
$3.17M +$3.16M +325,000 New
JGC
16
J. Goldman & Co
New York
$1.67M +$1.67M +171,194 New
AA
17
AQR Arbitrage
Connecticut
$1.46M -$487K -49,998 -25%
PC
18
Periscope Capital
Ontario, Canada
$983K +$983K +101,000 New
ACH
19
ArrowMark Colorado Holdings
Colorado
$751K +$751K +77,160 New
PGC
20
Pacific Grove Capital
California
$623K +$623K +64,000 New
WCA
21
Waratah Capital Advisors
Ontario, Canada
$128K -$66.2K -6,800 -34%
AIM
22
Assured Investment Management
New York
-$19.8M -1,999,994 Closed
HIM
23
HGC Investment Management
Ontario, Canada
-$1.07M -108,300 Closed

ACEL Hedge Fund Activity: Q4 2017 in Review

21 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q4 2017, worth a combined $174M — up 46% from $119M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new ACEL positions and 2 closed out — a net gain of 5 holders — while 5 added to existing stakes and 3 trimmed.

The largest buyer was Arrowgrass Capital Partners (US), opening a new position worth an estimated $22.3M. The largest seller was Assured Investment Management, exiting entirely with an estimated $19.8M sold.

  • 21 institutional investors held Accel Entertainment (ACEL) as of Q4 2017, up from 16 in Q3 2017.
  • Funds reported $174M of Accel Entertainment stock for Q4 2017, up 46% quarter-over-quarter.
  • 7 funds opened new Accel Entertainment positions in Q4 2017 and 2 closed out, a net change of +5 holders.
  • The largest Accel Entertainment buyer in Q4 2017 was Arrowgrass Capital Partners (US), an estimated $22.3M added.
  • The largest Accel Entertainment seller in Q4 2017 was Assured Investment Management, an estimated $19.8M sold.

Based on aggregated 13F filings for Q4 2017.