Monarch Casino & Resort
MCRI
85 hedge funds and large institutions have $110M invested in Monarch Casino & Resort in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 39 reducing their positions, and 13 closing their positions.
8% less funds holding
Funds holding: 92 → 85 (-7)
10% less call options, than puts
Call options by funds: $152K | Put options by funds: $169K
20% less capital invested
Capital invested by funds: $138M → $110M (-$27.5M)
38% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 39
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$4.93M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.79M |
| 3 |
CP
Covalent Partners
Concord,
Massachusetts
|
+$1.42M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$952K |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$1.49M |
| 2 |
QBFM
QS Batterymarch Financial Management
New York
|
-$1.49M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$892K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$761K |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$529K |
MCRI Hedge Fund Activity: Q3 2014 in Review
85 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Monarch Casino & Resort (MCRI) for Q3 2014, worth a combined $110M — down 20% from $138M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MCRI and 6 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 24 added.
The largest buyer was River Road Asset Management, adding an estimated $4.93M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $1.49M sold.
- 85 institutional investors held Monarch Casino & Resort (MCRI) as of Q3 2014, down from 92 in Q2 2014.
- Funds reported $110M of Monarch Casino & Resort stock for Q3 2014, down 20% quarter-over-quarter.
- 6 funds opened new Monarch Casino & Resort positions in Q3 2014 and 13 closed out, a net change of -7 holders.
- The largest Monarch Casino & Resort buyer in Q3 2014 was River Road Asset Management, an estimated $4.93M added.
- The largest Monarch Casino & Resort seller in Q3 2014 was Allianz Asset Management, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2014.