Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
143 hedge funds and large institutions have $771M invested in Pinnacle Entertainment Inc. in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 26 closing their positions.
20% more capital invested
Capital invested by funds: $642M → $771M (+$129M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
3% less funds holding
Funds holding: 147 → 143 (-4)
15% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.79M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$13.5M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$9.51M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$6.68M |
| 4 |
Morgan Stanley
New York
|
+$6.58M |
| 5 |
JP Morgan Chase
New York
|
+$6.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$35.1M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$5.79M |
| 3 |
D.E. Shaw & Co
New York
|
-$3.25M |
| 4 |
BCM
Brigade Capital Management
New York
|
-$3.01M |
| 5 |
SM
Scoggin Management
New York
|
-$2.96M |
PNK Hedge Fund Activity: Q4 2016 in Review
143 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q4 2016, worth a combined $771M — up 20% from $642M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PNK and 24 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 44 added.
The largest buyer was Norges Bank, adding an estimated $13.5M. The largest seller was Chartwell Investment Partners, cutting an estimated $35.1M.
- 143 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q4 2016, down from 147 in Q3 2016.
- Funds reported $771M of Pinnacle Entertainment Inc. stock for Q4 2016, up 20% quarter-over-quarter.
- 24 funds opened new Pinnacle Entertainment Inc. positions in Q4 2016 and 26 closed out, a net change of -2 holders.
- The largest Pinnacle Entertainment Inc. buyer in Q4 2016 was Norges Bank, an estimated $13.5M added.
- The largest Pinnacle Entertainment Inc. seller in Q4 2016 was Chartwell Investment Partners, an estimated $35.1M sold.
Based on aggregated 13F filings for Q4 2016.