Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
163 hedge funds and large institutions have $1.63B invested in Pinnacle Entertainment Inc. in 2017 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 47 increasing their positions, 59 reducing their positions, and 46 closing their positions.
437% more call options, than puts
Call options by funds: $6.89M | Put options by funds: $1.28M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
40% more capital invested
Capital invested by funds: $1.16B → $1.63B (+$468M)
5% less funds holding
Funds holding: 171 → 163 (-8)
15% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 46
20% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$31.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$28.5M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$25.8M |
| 4 |
JP Morgan Chase
New York
|
+$25.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$117M |
| 2 |
Millennium Management
New York
|
-$23.6M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$15.1M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$14.3M |
| 5 |
SPCM
Sound Point Capital Management
New York
|
-$13.3M |
PNK Hedge Fund Activity: Q4 2017 in Review
163 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q4 2017, worth a combined $1.63B — up 40% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PNK and 39 opened new positions — a net loss of 7 holders — while 59 trimmed existing stakes and 47 added.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $31.5M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $117M sold.
- 163 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q4 2017, down from 171 in Q3 2017.
- Funds reported $1.63B of Pinnacle Entertainment Inc. stock for Q4 2017, up 40% quarter-over-quarter.
- 39 funds opened new Pinnacle Entertainment Inc. positions in Q4 2017 and 46 closed out, a net change of -7 holders.
- The largest Pinnacle Entertainment Inc. buyer in Q4 2017 was Hennessy Advisors Inc, an estimated $31.5M added.
- The largest Pinnacle Entertainment Inc. seller in Q4 2017 was HG Vora Capital Management, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2017.