Speedway Motorsports, Inc.
TRK
TRK was delisted on the 17th of September, 2019.
79 hedge funds and large institutions have $199M invested in Speedway Motorsports, Inc. in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
15% more capital invested
Capital invested by funds: $172M → $199M (+$26.1M)
4% more funds holding
Funds holding: 76 → 79 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$7.8M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$1.94M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$1.03M |
| 4 |
Millennium Management
New York
|
+$1.01M |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$717K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEI
Clark Estates Inc
New York
|
-$5.34M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$4.04M |
| 3 |
MPEM
Marathon Partners Equity Management
New York
|
-$3.83M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$810K |
| 5 |
JP Morgan Chase
New York
|
-$658K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWA
76
Burt Wealth Advisors
North Bethesda,
Maryland
| $2K | – | – | – |
|
|
LTFS
77
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
CEI
78
Clark Estates Inc
New York
| – | -$5.34M | -292,288 | Closed |
|
|
FTCM
79
First Trust Capital Management
Chicago,
Illinois
| – | -$4.04M | -220,883 | Closed |
|
|
PI
80
Putnam Investments
Boston,
Massachusetts
| – | -$810K | -44,356 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$447K | -24,488 | Closed |
|
|
RRAM
82
River Road Asset Management
Louisville,
Kentucky
| – | -$367K | -20,066 | Closed |
|
|
AG
83
Algert Global
San Francisco,
California
| – | -$238K | -13,004 | Closed |
|
84
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$31K | -1,684 | Closed |
|
|
NA
85
NewEdge Advisors
New Orleans,
Louisiana
| – | -$5.17K | -300 | Closed |
|
86
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$121 | -6 | -25% |
|
TRK Hedge Fund Activity: Q3 2017 in Review
79 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Speedway Motorsports, Inc. (TRK) for Q3 2017, worth a combined $199M — up 15% from $172M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TRK positions and 8 closed out — a net gain of 3 holders — while 25 added to existing stakes and 28 trimmed.
The largest buyer was Norges Bank, adding an estimated $7.8M. The largest seller was Clark Estates Inc, exiting entirely with an estimated $5.34M sold.
- 79 institutional investors held Speedway Motorsports, Inc. (TRK) as of Q3 2017, up from 76 in Q2 2017.
- Funds reported $199M of Speedway Motorsports, Inc. stock for Q3 2017, up 15% quarter-over-quarter.
- 11 funds opened new Speedway Motorsports, Inc. positions in Q3 2017 and 8 closed out, a net change of +3 holders.
- The largest Speedway Motorsports, Inc. buyer in Q3 2017 was Norges Bank, an estimated $7.8M added.
- The largest Speedway Motorsports, Inc. seller in Q3 2017 was Clark Estates Inc, an estimated $5.34M sold.
Based on aggregated 13F filings for Q3 2017.