Accel Entertainment
ACEL
136 hedge funds and large institutions have $515M invested in Accel Entertainment in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 65 reducing their positions, and 17 closing their positions.
58% more capital inflows, than outflows
Capital inflows: $32.6M | Capital outflows: $20.7M
56% more call options, than puts
Call options by funds: $888K | Put options by funds: $571K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.92% more ownership
Funds ownership: 50.2% → 52.12% (+1.9%)
2% less funds holding
Funds holding: 139 → 136 (-3)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
55% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
James T. Borello
East Dundee,
Illinois
|
+$12.7M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$8.96M |
| 3 |
JP Morgan Chase
New York
|
+$3.08M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.39M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.7M |
| 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
136 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Accel Entertainment (ACEL) for Q1 2024, worth a combined $515M — up 18% from $437M 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 29 added.
The largest buyer was James T. Borello, adding an estimated $12.7M. The largest seller was Morgan Stanley, cutting an estimated $2.7M.
- 136 institutional investors held Accel Entertainment (ACEL) as of Q1 2024, down from 139 in Q4 2023.
- Funds reported $515M of Accel Entertainment stock for Q1 2024, up 18% 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 James T. Borello, an estimated $12.7M added.
- The largest Accel Entertainment seller in Q1 2024 was Morgan Stanley, an estimated $2.7M sold.
Based on aggregated 13F filings for Q1 2024.