Monarch Casino & Resort
MCRI
91 hedge funds and large institutions have $169M invested in Monarch Casino & Resort in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 32 increasing their positions, 40 reducing their positions, and 10 closing their positions.
5% less capital invested
Capital invested by funds: $179M → $169M (-$9.7M)
7% less funds holding
Funds holding: 98 → 91 (-7)
20% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 40
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| 1 |
CP
Covalent Partners
Concord,
Massachusetts
|
+$4.19M |
| 2 |
JP Morgan Chase
New York
|
+$1.49M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$1.22M |
| 4 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$979K |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$927K |
Top Sellers
| 1 |
GAM
Gotham Asset Management
New York
|
-$1.25M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$819K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$574K |
| 4 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$507K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$424K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -59 | Closed |
|
MCRI Hedge Fund Activity: Q1 2014 in Review
91 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Monarch Casino & Resort (MCRI) for Q1 2014, worth a combined $169M — down 5.4% from $179M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MCRI and 4 opened new positions — a net loss of 6 holders — while 40 trimmed existing stakes and 32 added.
The largest buyer was Covalent Partners, adding an estimated $4.19M. The largest seller was Gotham Asset Management, cutting an estimated $1.25M.
- 91 institutional investors held Monarch Casino & Resort (MCRI) as of Q1 2014, down from 98 in Q4 2013.
- Funds reported $169M of Monarch Casino & Resort stock for Q1 2014, down 5.4% quarter-over-quarter.
- 4 funds opened new Monarch Casino & Resort positions in Q1 2014 and 10 closed out, a net change of -6 holders.
- The largest Monarch Casino & Resort buyer in Q1 2014 was Covalent Partners, an estimated $4.19M added.
- The largest Monarch Casino & Resort seller in Q1 2014 was Gotham Asset Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2014.