Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
163 hedge funds and large institutions have $1.71B invested in Pinnacle Entertainment Inc. in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 46 increasing their positions, 61 reducing their positions, and 21 closing their positions.
97% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $12.2M
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
3% more funds holding
Funds holding: 158 → 163 (+5)
5% more capital invested
Capital invested by funds: $1.63B → $1.71B (+$80.1M)
25% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 61
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$61M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$30.3M |
| 3 |
CP
Centerbridge Partners
New York
|
+$25.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$20.9M |
| 5 |
Jennison Associates
New York
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$34.1M |
| 2 |
LCM
Lakewood Capital Management
New York
|
-$16.4M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$12.9M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$11.8M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
176
A.R.T. Advisors
New York
| – | -$775K | -30,810 | Closed |
|
|
NI
177
Numeric Investors
Boston,
Massachusetts
| – | -$506K | -20,100 | Closed |
|
|
HCMT
178
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$321K | -12,750 | Closed |
|
179
Los Angeles Capital Management
Los Angeles,
California
| – | -$291K | -11,556 | Closed |
|
|
PCM
180
Prelude Capital Management
New York
| – | -$191K | -7,600 | Closed |
|
|
VFA
181
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$128K | -5,085 | Closed |
|
182
KBC Group
Brussels,
Belgium
| – | -$103K | -4,104 | Closed |
|
|
PTC
183
Private Trust Company
Cleveland,
Ohio
| – | -$1K | -53 | Closed |
|
|
PAS
184
Partnervest Advisory Services
Santa Barbara,
California
| – | -$1K | -50 | Closed |
|
PNK Hedge Fund Activity: Q3 2014 in Review
163 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q3 2014, worth a combined $1.71B — up 4.9% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PNK positions and 21 closed out — a net gain of 6 holders — while 46 added to existing stakes and 61 trimmed.
The largest buyer was Blackstone Inc, adding an estimated $61M. The largest seller was Long Pond Capital, exiting entirely with an estimated $34.1M sold.
- 163 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q3 2014, up from 158 in Q2 2014.
- Funds reported $1.71B of Pinnacle Entertainment Inc. stock for Q3 2014, up 4.9% quarter-over-quarter.
- 27 funds opened new Pinnacle Entertainment Inc. positions in Q3 2014 and 21 closed out, a net change of +6 holders.
- The largest Pinnacle Entertainment Inc. buyer in Q3 2014 was Blackstone Inc, an estimated $61M added.
- The largest Pinnacle Entertainment Inc. seller in Q3 2014 was Long Pond Capital, an estimated $34.1M sold.
Based on aggregated 13F filings for Q3 2014.