Gaming and Leisure Properties
GLPI
350 hedge funds and large institutions have $7.19B invested in Gaming and Leisure Properties in 2020 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 176 increasing their positions, 120 reducing their positions, and 40 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 120
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6% more capital invested
Capital invested by funds: $6.75B → $7.19B (+$436M)
6% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $22.4M
5% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 40
0.54% more ownership
Funds ownership: 89.58% → 90.12% (+0.54%)
0% more funds holding
Funds holding: 349 → 350 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$68.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$49.6M |
| 3 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$37.6M |
| 4 |
Millennium Management
New York
|
+$21.8M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$58.1M |
| 2 |
Renaissance Technologies
New York
|
-$40.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$33.6M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$26.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
376
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$16K | -483 | Closed |
|
|
FDCDDQ
377
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$8.14K | -235 | Closed |
|
|
OPS
378
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$6K | -180 | Closed |
|
|
EWM
379
Edge Wealth Management
New York
| – | -$3K | -101 | Closed |
|
|
BL
380
Balentine LLC
Atlanta,
Georgia
| – | -$3K | -78 | Closed |
|
381
Cohen & Steers
New York
| – | -$3K | -74 | Closed |
|
|
AS
382
Altshuler Shaham
Tel Aviv,
Israel
| – | -$2K | -46 | Closed |
|
|
IWP
383
IAG Wealth Partners
Waukesha,
Wisconsin
| – | -$1K | -19 | Closed |
|
384
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$146 | -4 | -36% |
|
|
WAMC
385
Western Asset Management Company
Pasadena,
California
| – | -$1K | -2 | Closed |
|
|
AF
386
Allworth Financial
Folsom,
California
| – | +$73 | +2 | New |
|
|
FHC
387
First Horizon Corporation
Memphis,
Tennessee
| – | +$327 | +9 | New |
|
GLPI Hedge Fund Activity: Q3 2020 in Review
350 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Gaming and Leisure Properties (GLPI) for Q3 2020, worth a combined $7.19B — up 6.5% from $6.75B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new GLPI positions and 40 closed out — a net gain of 2 holders — while 176 added to existing stakes and 120 trimmed.
The largest buyer was Long Pond Capital, opening a new position worth an estimated $68.8M. The largest seller was Invesco, cutting an estimated $58.1M.
- 350 institutional investors held Gaming and Leisure Properties (GLPI) as of Q3 2020, up from 349 in Q2 2020.
- Funds reported $7.19B of Gaming and Leisure Properties stock for Q3 2020, up 6.5% quarter-over-quarter.
- 42 funds opened new Gaming and Leisure Properties positions in Q3 2020 and 40 closed out, a net change of +2 holders.
- The largest Gaming and Leisure Properties buyer in Q3 2020 was Long Pond Capital, an estimated $68.8M added.
- The largest Gaming and Leisure Properties seller in Q3 2020 was Invesco, an estimated $58.1M sold.
Based on aggregated 13F filings for Q3 2020.