Sports Entertainment Gaming Global Corp
SEGG
19 hedge funds and large institutions have $114M invested in Sports Entertainment Gaming Global Corp in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
23% more capital invested
Capital invested by funds: $92.5M → $114M (+$21.2M)
7.56% more ownership
Funds ownership: 35.82% → 43.38% (+7.6%)
6% more funds holding
Funds holding: 18 → 19 (+1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$12.9M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.17M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$6.05M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$2.22M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$10.9M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$4.91M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.48M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$485K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$291K |
SEGG Hedge Fund Activity: Q4 2018 in Review
19 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Sports Entertainment Gaming Global Corp (SEGG) for Q4 2018, worth a combined $114M — up 23% from $92.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SEGG positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $12.9M. The largest seller was Karpus Investment Management, cutting an estimated $10.9M.
- 19 institutional investors held Sports Entertainment Gaming Global Corp (SEGG) as of Q4 2018, up from 18 in Q3 2018.
- Funds reported $114M of Sports Entertainment Gaming Global Corp stock for Q4 2018, up 23% quarter-over-quarter.
- 4 funds opened new Sports Entertainment Gaming Global Corp positions in Q4 2018 and 3 closed out, a net change of +1 holder.
- The largest Sports Entertainment Gaming Global Corp buyer in Q4 2018 was Westchester Capital Management (New York), an estimated $12.9M added.
- The largest Sports Entertainment Gaming Global Corp seller in Q4 2018 was Karpus Investment Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2018.