Sports Entertainment Gaming Global Corp
SEGG
18 hedge funds and large institutions have $70.9M invested in Sports Entertainment Gaming Global Corp in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 12 closing their positions.
25% less funds holding
Funds holding: 24 → 18 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
56% less capital invested
Capital invested by funds: $161M → $70.9M (-$90.5M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$17.3M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$6.26M |
| 3 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$3.36M |
| 4 |
Walleye Trading
New York
|
+$808K |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$793K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$18M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$14.2M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$13.6M |
| 4 |
CAC
Cowen and Company
New York
|
-$12M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$10.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Verition Fund Management
Greenwich,
Connecticut
| – | -$2.32M | -160 | Closed |
|
|
RCM
27
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.56K | -107 | Closed |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1.45M | -99 | Closed |
|
|
DWM
29
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$162K | -11 | Closed |
|
30
Morgan Stanley
New York
| – | -$11K | -1 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$2K | – | – |
|
SEGG Hedge Fund Activity: Q4 2019 in Review
18 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Sports Entertainment Gaming Global Corp (SEGG) for Q4 2019, worth a combined $70.9M — down 56% from $161M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SEGG and 6 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $17.3M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $18M sold.
- 18 institutional investors held Sports Entertainment Gaming Global Corp (SEGG) as of Q4 2019, down from 24 in Q3 2019.
- Funds reported $70.9M of Sports Entertainment Gaming Global Corp stock for Q4 2019, down 56% quarter-over-quarter.
- 6 funds opened new Sports Entertainment Gaming Global Corp positions in Q4 2019 and 12 closed out, a net change of -6 holders.
- The largest Sports Entertainment Gaming Global Corp buyer in Q4 2019 was Hudson Bay Capital Management, an estimated $17.3M added.
- The largest Sports Entertainment Gaming Global Corp seller in Q4 2019 was Polar Asset Management Partners, an estimated $18M sold.
Based on aggregated 13F filings for Q4 2019.