Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
147 hedge funds and large institutions have $642M invested in Pinnacle Entertainment Inc. in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 40 increasing their positions, 56 reducing their positions, and 35 closing their positions.
2,978% more call options, than puts
Call options by funds: $2.12M | Put options by funds: $69K
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
5% more capital invested
Capital invested by funds: $611M → $642M (+$31.4M)
9% less funds holding
Funds holding: 161 → 147 (-14)
29% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 56
34% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$24.8M |
| 2 |
BCM
Brigade Capital Management
New York
|
+$15.5M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$12.6M |
| 4 |
Jennison Associates
New York
|
+$9.74M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$6.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$17.1M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$14.7M |
| 3 |
LCM
Lomas Capital Management
New York
|
-$12.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$10.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.65M |
PNK Hedge Fund Activity: Q3 2016 in Review
147 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q3 2016, worth a combined $642M — up 5.1% from $611M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of PNK and 23 opened new positions — a net loss of 12 holders — while 56 trimmed existing stakes and 40 added.
The largest buyer was Chartwell Investment Partners, adding an estimated $24.8M. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), exiting entirely with an estimated $17.1M sold.
- 147 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q3 2016, down from 161 in Q2 2016.
- Funds reported $642M of Pinnacle Entertainment Inc. stock for Q3 2016, up 5.1% quarter-over-quarter.
- 23 funds opened new Pinnacle Entertainment Inc. positions in Q3 2016 and 35 closed out, a net change of -12 holders.
- The largest Pinnacle Entertainment Inc. buyer in Q3 2016 was Chartwell Investment Partners, an estimated $24.8M added.
- The largest Pinnacle Entertainment Inc. seller in Q3 2016 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2016.