Accel Entertainment
ACEL
39 hedge funds and large institutions have $318M invested in Accel Entertainment in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 32 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
11% less funds holding
Funds holding: 44 → 39 (-5)
15% less capital invested
Capital invested by funds: $376M → $318M (-$57.3M)
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
47.97% less ownership
Funds ownership: 81.2% → 33.23% (-48%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
Top Sellers
| 1 |
GCL
Glazer Capital LLC
New York
|
-$34.1M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$33.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$28.6M |
| 4 |
GL
Governors Lane
New York
|
-$21.4M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$17.4M |
ACEL Hedge Fund Activity: Q4 2019 in Review
39 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q4 2019, worth a combined $318M — down 15% from $376M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of ACEL and 27 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was TPG Group Holdings (SBS) Advisors, opening a new position worth an estimated $40.7M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $34.1M sold.
- 39 institutional investors held Accel Entertainment (ACEL) as of Q4 2019, down from 44 in Q3 2019.
- Funds reported $318M of Accel Entertainment stock for Q4 2019, down 15% quarter-over-quarter.
- 27 funds opened new Accel Entertainment positions in Q4 2019 and 32 closed out, a net change of -5 holders.
- The largest Accel Entertainment buyer in Q4 2019 was TPG Group Holdings (SBS) Advisors, an estimated $40.7M added.
- The largest Accel Entertainment seller in Q4 2019 was Glazer Capital LLC, an estimated $34.1M sold.
Based on aggregated 13F filings for Q4 2019.