Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
183 hedge funds and large institutions have $1.92B invested in Pinnacle Entertainment Inc. in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 66 increasing their positions, 65 reducing their positions, and 29 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
18% more call options, than puts
Call options by funds: $22.3M | Put options by funds: $18.8M
11% more capital invested
Capital invested by funds: $1.74B → $1.92B (+$185M)
2% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 65
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
1% less funds holding
Funds holding: 185 → 183 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$61.3M |
| 2 |
CPM
Chesapeake Partners Management
Baltimore,
Maryland
|
+$16.8M |
| 3 |
Morgan Stanley
New York
|
+$15M |
| 4 |
Goldman Sachs
New York
|
+$14.1M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$35.8M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$31.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27.8M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$25.1M |
| 5 |
TAL
TIG Advisors LLC
New York
|
-$22.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
201
Bluefin Capital Management
New York
| – | -$464K | -14,911 | Closed |
|
|
TI
202
Trexquant Investment
Stamford,
Connecticut
| – | -$420K | -13,500 | Closed |
|
|
OSAM
203
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$347K | -11,144 | Closed |
|
|
HIM
204
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$346K | -11,110 | Closed |
|
|
HCM
205
Highbridge Capital Management
New York
| – | -$206K | -6,593 | Closed |
|
206
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$47K | -1,500 | Closed |
|
207
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -170 | Closed |
|
|
KT
208
Kanaly Trust
Houston,
Texas
| – | -$4K | -121 | Closed |
|
|
CFG
209
Citizens Financial Group
Providence,
Rhode Island
| – | -$3K | -81 | Closed |
|
PNK Hedge Fund Activity: Q1 2016 in Review
183 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q1 2016, worth a combined $1.92B — up 11% from $1.74B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PNK and 28 opened new positions — a net loss of 1 holder — while 65 trimmed existing stakes and 66 added.
The largest buyer was Driehaus Capital Management, adding an estimated $61.3M. The largest seller was Oxford Asset Management, exiting entirely with an estimated $35.8M sold.
- 183 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q1 2016, down from 185 in Q4 2015.
- Funds reported $1.92B of Pinnacle Entertainment Inc. stock for Q1 2016, up 11% quarter-over-quarter.
- 28 funds opened new Pinnacle Entertainment Inc. positions in Q1 2016 and 29 closed out, a net change of -1 holder.
- The largest Pinnacle Entertainment Inc. buyer in Q1 2016 was Driehaus Capital Management, an estimated $61.3M added.
- The largest Pinnacle Entertainment Inc. seller in Q1 2016 was Oxford Asset Management, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2016.