Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
154 hedge funds and large institutions have $1.52B invested in Pinnacle Entertainment Inc. in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 55 reducing their positions, and 25 closing their positions.
240% more call options, than puts
Call options by funds: $9.81M | Put options by funds: $2.88M
3% more capital invested
Capital invested by funds: $1.47B → $1.52B (+$49.8M)
2% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 55
6% less funds holding
Funds holding: 164 → 154 (-10)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$54.7M |
| 2 |
LCM
Lakewood Capital Management
New York
|
+$30.8M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
+$30.5M |
| 4 |
LPC
Long Pond Capital
New York
|
+$28.7M |
| 5 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.3M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$10.1M |
| 3 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$9.56M |
| 4 |
LC
Loews Corp
New York
|
-$7.8M |
| 5 |
Bank of New York Mellon
New York
|
-$6.59M |
PNK Hedge Fund Activity: Q1 2014 in Review
154 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q1 2014, worth a combined $1.52B — up 3.4% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PNK and 17 opened new positions — a net loss of 8 holders — while 55 trimmed existing stakes and 54 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $54.7M. The largest seller was Goldman Sachs, cutting an estimated $12.3M.
- 154 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q1 2014, down from 164 in Q4 2013.
- Funds reported $1.52B of Pinnacle Entertainment Inc. stock for Q1 2014, up 3.4% quarter-over-quarter.
- 17 funds opened new Pinnacle Entertainment Inc. positions in Q1 2014 and 25 closed out, a net change of -8 holders.
- The largest Pinnacle Entertainment Inc. buyer in Q1 2014 was Balyasny Asset Management, an estimated $54.7M added.
- The largest Pinnacle Entertainment Inc. seller in Q1 2014 was Goldman Sachs, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2014.