Gaming and Leisure Properties
GLPI
338 hedge funds and large institutions have $6.1B invested in Gaming and Leisure Properties in 2018 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 126 increasing their positions, 114 reducing their positions, and 38 closing their positions.
491% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $4.37M
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
11% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 114
2% more funds holding
Funds holding: 333 → 338 (+5)
0.34% more ownership
Funds ownership: 88.23% → 88.57% (+0.34%)
8% less capital invested
Capital invested by funds: $6.65B → $6.1B (-$551M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$151M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$105M |
| 3 |
Cohen & Steers
New York
|
+$104M |
| 4 |
Morgan Stanley
New York
|
+$89.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$133M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$96.9M |
| 3 |
GCM
Gates Capital Management
New York
|
-$49.3M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$40.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$37.2M |
GLPI Hedge Fund Activity: Q4 2018 in Review
338 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Gaming and Leisure Properties (GLPI) for Q4 2018, worth a combined $6.1B — down 8.3% from $6.65B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new GLPI positions and 38 closed out — a net gain of 9 holders — while 126 added to existing stakes and 114 trimmed.
The largest buyer was PGGM Investments, opening a new position worth an estimated $151M. The largest seller was PAR Capital Management, cutting an estimated $133M.
- 338 institutional investors held Gaming and Leisure Properties (GLPI) as of Q4 2018, up from 333 in Q3 2018.
- Funds reported $6.1B of Gaming and Leisure Properties stock for Q4 2018, down 8.3% quarter-over-quarter.
- 47 funds opened new Gaming and Leisure Properties positions in Q4 2018 and 38 closed out, a net change of +9 holders.
- The largest Gaming and Leisure Properties buyer in Q4 2018 was PGGM Investments, an estimated $151M added.
- The largest Gaming and Leisure Properties seller in Q4 2018 was PAR Capital Management, an estimated $133M sold.
Based on aggregated 13F filings for Q4 2018.