Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
GNOG was delisted on the 4th of May, 2022.
60 hedge funds and large institutions have $97.5M invested in Golden Nugget Online Gaming, Inc. Class A Common Stock in 2020 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 53 closing their positions.
16% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $16.6M
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
13% less funds holding
Funds holding: 69 → 60 (-9)
17% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 53
65% less capital invested
Capital invested by funds: $276M → $97.5M (-$178M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$24.6M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$10.6M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$4.08M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$3.85M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$35.3M |
| 2 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$18M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$14.8M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$14.1M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$13.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
101
Ramius Advisors
New York
| – | -$313K | -19,147 | Closed |
|
|
CL
102
CSS LLC
Chicago,
Illinois
| – | -$225K | -13,768 | Closed |
|
103
Walleye Trading
New York
| – | -$217K | -13,286 | Closed |
|
|
RCM
104
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$164K | -10,000 | Closed |
|
|
CAN
105
Cetera Advisor Networks
El Segundo,
California
| – | -$70K | -4,300 | Closed |
|
106
JP Morgan Chase
New York
| – | -$44K | -2,661 | Closed |
|
|
PAM
107
Panagora Asset Management
Boston,
Massachusetts
| – | -$38K | -2,346 | Closed |
|
|
BCM
108
Basso Capital Management
Stamford,
Connecticut
| – | -$31K | -1,889 | Closed |
|
|
AS
109
Altshuler Shaham
Tel Aviv,
Israel
| – | -$18K | -1,100 | Closed |
|
|
PIMG
110
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$1.88K | -115 | Closed |
|
|
GWMIA
111
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$2K | -100 | Closed |
|
|
OIA
112
Optimum Investment Advisors
Chicago,
Illinois
| – | -$2K | -100 | Closed |
|
|
NC
113
NewSquare Capital
Newtown Square,
Pennsylvania
| – | +$288 | +20 | New |
|
GNOG Hedge Fund Activity: Q3 2020 in Review
60 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Golden Nugget Online Gaming, Inc. Class A Common Stock (GNOG) for Q3 2020, worth a combined $97.5M — down 65% from $276M a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of GNOG and 44 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $24.6M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $35.3M sold.
- 60 institutional investors held Golden Nugget Online Gaming, Inc. Class A Common Stock (GNOG) as of Q3 2020, down from 69 in Q2 2020.
- Funds reported $97.5M of Golden Nugget Online Gaming, Inc. Class A Common Stock stock for Q3 2020, down 65% quarter-over-quarter.
- 44 funds opened new Golden Nugget Online Gaming, Inc. Class A Common Stock positions in Q3 2020 and 53 closed out, a net change of -9 holders.
- The largest Golden Nugget Online Gaming, Inc. Class A Common Stock buyer in Q3 2020 was Susquehanna International Group, an estimated $24.6M added.
- The largest Golden Nugget Online Gaming, Inc. Class A Common Stock seller in Q3 2020 was Glazer Capital LLC, an estimated $35.3M sold.
Based on aggregated 13F filings for Q3 2020.