Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
GNOG was delisted on the 4th of May, 2022.
36 hedge funds and large institutions have $123M invested in Golden Nugget Online Gaming, Inc. Class A Common Stock in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
2,300% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 1
177% more funds holding
Funds holding: 13 → 36 (+23)
83% more capital invested
Capital invested by funds: $67.5M → $123M (+$55.9M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.9M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$9.78M |
| 3 |
FIG
Fortress Investment Group
New York
|
+$6.85M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$4.89M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.88M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.91M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$489K |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$347K |
GNOG Hedge Fund Activity: Q3 2019 in Review
36 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Golden Nugget Online Gaming, Inc. Class A Common Stock (GNOG) for Q3 2019, worth a combined $123M — up 83% from $67.5M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GNOG positions and 1 closed out — a net gain of 23 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $10.9M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $4.88M sold.
- 36 institutional investors held Golden Nugget Online Gaming, Inc. Class A Common Stock (GNOG) as of Q3 2019, up from 13 in Q2 2019.
- Funds reported $123M of Golden Nugget Online Gaming, Inc. Class A Common Stock stock for Q3 2019, up 83% quarter-over-quarter.
- 24 funds opened new Golden Nugget Online Gaming, Inc. Class A Common Stock positions in Q3 2019 and 1 closed out, a net change of +23 holders.
- The largest Golden Nugget Online Gaming, Inc. Class A Common Stock buyer in Q3 2019 was Karpus Investment Management, an estimated $10.9M added.
- The largest Golden Nugget Online Gaming, Inc. Class A Common Stock seller in Q3 2019 was Weiss Asset Management, an estimated $4.88M sold.
Based on aggregated 13F filings for Q3 2019.