Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
159 hedge funds and large institutions have $1.03B invested in Pinnacle Entertainment Inc. in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 39 increasing their positions, 53 reducing their positions, and 12 closing their positions.
183% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 12
33% more capital invested
Capital invested by funds: $771M → $1.03B (+$255M)
11% more funds holding
Funds holding: 143 → 159 (+16)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
26% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 53
40% less call options, than puts
Call options by funds: $426K | Put options by funds: $713K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$59.1M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
+$32.8M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$15.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.7M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$16.5M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$11.1M |
| 3 |
BCM
Brigade Capital Management
New York
|
-$9.9M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$8.82M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.13M |
PNK Hedge Fund Activity: Q1 2017 in Review
159 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q1 2017, worth a combined $1.03B — up 33% from $771M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PNK positions and 12 closed out — a net gain of 22 holders — while 39 added to existing stakes and 53 trimmed.
The largest buyer was BlackRock, adding an estimated $59.1M. The largest seller was Starboard Value, cutting an estimated $16.5M.
- 159 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q1 2017, up from 143 in Q4 2016.
- Funds reported $1.03B of Pinnacle Entertainment Inc. stock for Q1 2017, up 33% quarter-over-quarter.
- 34 funds opened new Pinnacle Entertainment Inc. positions in Q1 2017 and 12 closed out, a net change of +22 holders.
- The largest Pinnacle Entertainment Inc. buyer in Q1 2017 was BlackRock, an estimated $59.1M added.
- The largest Pinnacle Entertainment Inc. seller in Q1 2017 was Starboard Value, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2017.