Monarch Casino & Resort
MCRI
118 hedge funds and large institutions have $407M invested in Monarch Casino & Resort in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
31% more capital invested
Capital invested by funds: $310M → $407M (+$96.7M)
13% more funds holding
Funds holding: 104 → 118 (+14)
0.12% more ownership
Funds ownership: 58.6% → 58.73% (+0.12%)
8% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 40
80% less call options, than puts
Call options by funds: $1.76M | Put options by funds: $9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$6.95M |
| 2 |
LCM
Lafitte Capital Management
Austin,
Texas
|
+$2.84M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.88M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.76M |
| 5 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.6M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$4.64M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.2M |
| 4 |
FIM
Friedberg Investment Management
Houston,
Texas
|
-$2.49M |
| 5 |
Millennium Management
New York
|
-$1.65M |
MCRI Hedge Fund Activity: Q3 2017 in Review
118 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Monarch Casino & Resort (MCRI) for Q3 2017, worth a combined $407M — up 31% from $310M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MCRI positions and 4 closed out — a net gain of 14 holders — while 37 added to existing stakes and 40 trimmed.
The largest buyer was Park West Asset Management, adding an estimated $6.95M. The largest seller was Wellington Management Group, cutting an estimated $6.6M.
- 118 institutional investors held Monarch Casino & Resort (MCRI) as of Q3 2017, up from 104 in Q2 2017.
- Funds reported $407M of Monarch Casino & Resort stock for Q3 2017, up 31% quarter-over-quarter.
- 18 funds opened new Monarch Casino & Resort positions in Q3 2017 and 4 closed out, a net change of +14 holders.
- The largest Monarch Casino & Resort buyer in Q3 2017 was Park West Asset Management, an estimated $6.95M added.
- The largest Monarch Casino & Resort seller in Q3 2017 was Wellington Management Group, an estimated $6.6M sold.
Based on aggregated 13F filings for Q3 2017.