Monarch Casino & Resort
MCRI
108 hedge funds and large institutions have $316M invested in Monarch Casino & Resort in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 30 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 30
0.37% more ownership
Funds ownership: 61.67% → 62.04% (+0.37%)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
2% less funds holding
Funds holding: 110 → 108 (-2)
18% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.68M
42% less capital invested
Capital invested by funds: $541M → $316M (-$226M)
Top Buyers
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$14.6M |
| 2 |
Millennium Management
New York
|
+$11.7M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
+$10.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.93M |
| 5 |
JP Morgan Chase
New York
|
+$3.66M |
Top Sellers
| 1 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$28.4M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$8.92M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$7.97M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.22M |
| 5 |
BlackRock
New York
|
-$4.88M |
MCRI Hedge Fund Activity: Q1 2020 in Review
108 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Monarch Casino & Resort (MCRI) for Q1 2020, worth a combined $316M — down 42% from $541M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MCRI and 17 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 44 added.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $14.6M. The largest seller was Lafitte Capital Management, cutting an estimated $28.4M.
- 108 institutional investors held Monarch Casino & Resort (MCRI) as of Q1 2020, down from 110 in Q4 2019.
- Funds reported $316M of Monarch Casino & Resort stock for Q1 2020, down 42% quarter-over-quarter.
- 17 funds opened new Monarch Casino & Resort positions in Q1 2020 and 18 closed out, a net change of -1 holder.
- The largest Monarch Casino & Resort buyer in Q1 2020 was Waddell & Reed Financial, an estimated $14.6M added.
- The largest Monarch Casino & Resort seller in Q1 2020 was Lafitte Capital Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q1 2020.