Gaming and Leisure Properties
GLPI
328 hedge funds and large institutions have $6.41B invested in Gaming and Leisure Properties in 2018 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 111 increasing their positions, 114 reducing their positions, and 23 closing their positions.
625% more call options, than puts
Call options by funds: $58.4M | Put options by funds: $8.06M
139% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 23
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
10% more funds holding
Funds holding: 299 → 328 (+29)
3% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 114
3.13% less ownership
Funds ownership: 93.02% → 89.88% (-3.1%)
12% less capital invested
Capital invested by funds: $7.31B → $6.41B (-$897M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$106M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$82.1M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$74.1M |
| 4 |
HVCM
HG Vora Capital Management
New York
|
+$72.7M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$51.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$202M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$106M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$105M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$81.5M |
| 5 |
Millennium Management
New York
|
-$75.9M |
GLPI Hedge Fund Activity: Q1 2018 in Review
328 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Gaming and Leisure Properties (GLPI) for Q1 2018, worth a combined $6.41B — down 12% from $7.31B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new GLPI positions and 23 closed out — a net gain of 32 holders — while 111 added to existing stakes and 114 trimmed.
The largest buyer was PAR Capital Management, adding an estimated $106M. The largest seller was Cohen & Steers, cutting an estimated $202M.
- 328 institutional investors held Gaming and Leisure Properties (GLPI) as of Q1 2018, up from 299 in Q4 2017.
- Funds reported $6.41B of Gaming and Leisure Properties stock for Q1 2018, down 12% quarter-over-quarter.
- 55 funds opened new Gaming and Leisure Properties positions in Q1 2018 and 23 closed out, a net change of +32 holders.
- The largest Gaming and Leisure Properties buyer in Q1 2018 was PAR Capital Management, an estimated $106M added.
- The largest Gaming and Leisure Properties seller in Q1 2018 was Cohen & Steers, an estimated $202M sold.
Based on aggregated 13F filings for Q1 2018.