Accel Entertainment
ACEL
135 hedge funds and large institutions have $500M invested in Accel Entertainment in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 65 reducing their positions, and 17 closing their positions.
56% more call options, than puts
Call options by funds: $888K | Put options by funds: $571K
12% more capital invested
Capital invested by funds: $445M → $500M (+$55M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.49% less ownership
Funds ownership: 51.13% → 50.64% (-0.49%)
2% less funds holding
Funds holding: 138 → 135 (-3)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
57% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 65
Top Buyers
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$8.96M |
| 2 |
JP Morgan Chase
New York
|
+$3.08M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.39M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.2M |
| 5 |
Two Sigma Advisers
New York
|
+$653K |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$11.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$2.25M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.5M |
| 4 |
Renaissance Technologies
New York
|
-$1.3M |
| 5 |
BlackRock
New York
|
-$1.25M |
ACEL Hedge Fund Activity: Q1 2024 in Review
135 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q1 2024, worth a combined $500M — up 12% from $445M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ACEL and 14 opened new positions — a net loss of 3 holders — while 65 trimmed existing stakes and 28 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $8.96M. The largest seller was Morgan Stanley, cutting an estimated $11.7M.
- 135 institutional investors held Accel Entertainment (ACEL) as of Q1 2024, down from 138 in Q4 2023.
- Funds reported $500M of Accel Entertainment stock for Q1 2024, up 12% quarter-over-quarter.
- 14 funds opened new Accel Entertainment positions in Q1 2024 and 17 closed out, a net change of -3 holders.
- The largest Accel Entertainment buyer in Q1 2024 was Hotchkis & Wiley Capital Management, an estimated $8.96M added.
- The largest Accel Entertainment seller in Q1 2024 was Morgan Stanley, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2024.