Accel Entertainment
ACEL
55 hedge funds and large institutions have $206M invested in Accel Entertainment in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 4 closing their positions.
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
41% more funds holding
Funds holding: 39 → 55 (+16)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
1.75% more ownership
Funds ownership: 33.23% → 34.99% (+1.8%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
35% less capital invested
Capital invested by funds: $318M → $206M (-$113M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$16.2M |
| 2 |
Millennium Management
New York
|
+$8.07M |
| 3 |
WCM
Wildcat Capital Management
New York
|
+$6.48M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
+$5.45M |
| 5 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
+$4.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$19.8M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$8.51M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$4.87M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$3.31M |
| 5 |
ECM
Element Capital Management
New York
|
-$2.95M |
ACEL Hedge Fund Activity: Q1 2020 in Review
55 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q1 2020, worth a combined $206M — down 35% from $318M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ACEL positions and 4 closed out — a net gain of 17 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Advisory Research, opening a new position worth an estimated $16.2M. The largest seller was Park West Asset Management, exiting entirely with an estimated $19.8M sold.
- 55 institutional investors held Accel Entertainment (ACEL) as of Q1 2020, up from 39 in Q4 2019.
- Funds reported $206M of Accel Entertainment stock for Q1 2020, down 35% quarter-over-quarter.
- 21 funds opened new Accel Entertainment positions in Q1 2020 and 4 closed out, a net change of +17 holders.
- The largest Accel Entertainment buyer in Q1 2020 was Advisory Research, an estimated $16.2M added.
- The largest Accel Entertainment seller in Q1 2020 was Park West Asset Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q1 2020.