Pinnacle Entertainment Inc.
PNK
PNK was delisted on the 12th of October, 2018.
168 hedge funds and large institutions have $1.05B invested in Pinnacle Entertainment Inc. in 2017 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 26 closing their positions.
35% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 26
5% more funds holding
Funds holding: 160 → 168 (+8)
1% more capital invested
Capital invested by funds: $1.04B → $1.05B (+$7.27M)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
87% less call options, than puts
Call options by funds: $685K | Put options by funds: $5.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$24.5M |
| 2 |
Renaissance Technologies
New York
|
+$16M |
| 3 |
Bank of New York Mellon
New York
|
+$10.2M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$6.77M |
| 5 |
Millennium Management
New York
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$27.9M |
| 2 |
YCM
Yost Capital Management
Houston,
Texas
|
-$16.3M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$13.5M |
| 4 |
BCM
Brigade Capital Management
New York
|
-$10.2M |
| 5 |
SV
Starboard Value
New York
|
-$9.76M |
PNK Hedge Fund Activity: Q2 2017 in Review
168 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Pinnacle Entertainment Inc. (PNK) for Q2 2017, worth a combined $1.05B — up 0.7% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PNK positions and 26 closed out — a net gain of 9 holders — while 50 added to existing stakes and 51 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $24.5M. The largest seller was Credit Agricole, exiting entirely with an estimated $27.9M sold.
- 168 institutional investors held Pinnacle Entertainment Inc. (PNK) as of Q2 2017, up from 160 in Q1 2017.
- Funds reported $1.05B of Pinnacle Entertainment Inc. stock for Q2 2017, up 0.7% quarter-over-quarter.
- 35 funds opened new Pinnacle Entertainment Inc. positions in Q2 2017 and 26 closed out, a net change of +9 holders.
- The largest Pinnacle Entertainment Inc. buyer in Q2 2017 was JP Morgan Chase, an estimated $24.5M added.
- The largest Pinnacle Entertainment Inc. seller in Q2 2017 was Credit Agricole, an estimated $27.9M sold.
Based on aggregated 13F filings for Q2 2017.