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Gaming and Leisure Properties

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.

New
Increased
Maintained
Reduced
Closed

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: 333338 (+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: 86 (-2)

Holders
338
Holders Change
+5
Holders Change %
+1.5%
% of All Funds
7.53%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.13%
New
47
Increased
126
Reduced
114
Closed
38
Calls
$25.8M
Puts
$4.37M
Net Calls
+$21.4M
Net Calls Change
-$8.24M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$992M +$1.14M +33,715 +0.1%
BlackRock
2
BlackRock
New York
$494M +$8.78M +259,437 +2%
BAMCO Inc
3
BAMCO Inc
New York
$337M -$28.4K -838 -0%
Renaissance Technologies
4
Renaissance Technologies
New York
$307M -$19.9M -588,800 -6%
Capital World Investors
5
Capital World Investors
California
$255M
PI
6
Putnam Investments
Massachusetts
$153M +$3.13M +92,524 +2%
PI
7
PGGM Investments
Netherlands
$144M +$151M +4,466,000 New
Morgan Stanley
8
Morgan Stanley
New York
$141M +$89.5M +2,645,758 +153%
State Street
9
State Street
Massachusetts
$136M -$306K -9,027 -0.2%
Cohen & Steers
10
Cohen & Steers
New York
$123M +$104M +3,082,056 +434%
Citadel Advisors
11
Citadel Advisors
Florida
$120M +$9.19M +271,623 +8%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$116M -$21.4M -630,970 -15%
Harris Associates
13
Harris Associates
Illinois
$107M +$7.1M +209,929 +7%
GCM
14
Gates Capital Management
New York
$106M -$49.3M -1,458,098 -31%
Daiwa Securities Group
15
Daiwa Securities Group
Japan
$101M +$105M +3,093,782 +10,313%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$99.4M +$339K +10,015 +0.3%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$96.6M +$1.89M +55,706 +2%
Millennium Management
18
Millennium Management
New York
$78.1M -$27.6M -815,367 -25%
TCIM
19
TIAA CREF Investment Management
New York
$75.3M +$11.4M +336,618 +17%
Ninety One (UK)
20
Ninety One (UK)
United Kingdom
$66.3M +$4.07M +120,391 +6%
Goldman Sachs
21
Goldman Sachs
New York
$64.7M -$15.6M -461,870 -19%
Jennison Associates
22
Jennison Associates
New York
$64.3M +$233K +6,889 +0.3%
Norges Bank
23
Norges Bank
Norway
$59.3M +$1.22M +36,179 +2%
Northern Trust
24
Northern Trust
Illinois
$58.6M -$6.54M -193,335 -10%
TSW
25
Thompson Siegel & Walmsley
Virginia
$58.3M +$5.61M +165,728 +10%

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.