Potrero Capital Research buys $4,860,643 stake in Speedway Motorsports (TRK)

Speedway Motorsports (TRK) : Potrero Capital Research scooped up 12,575 additional shares in Speedway Motorsports during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 267,804 shares of Speedway Motorsports which is valued at $4,860,643.Speedway Motorsports makes up approximately 4.21% of Potrero Capital Research’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies reduced its stake in TRK by selling 13,700 shares or 4.74% in the most recent quarter. The Hedge Fund company now holds 275,400 shares of TRK which is valued at $4,998,510. Speedway Motorsports makes up approx 0.01% of Renaissance Technologies’s portfolio.Tiaa Cref Investment Management reduced its stake in TRK by selling 25,150 shares or 30.75% in the most recent quarter. The Hedge Fund company now holds 56,633 shares of TRK which is valued at $1,027,889.Teacher Retirement System Of Texas boosted its stake in TRK in the latest quarter, The investment management firm added 212 additional shares and now holds a total of 1,728 shares of Speedway Motorsports which is valued at $30,292. Boston Partners sold out all of its stake in TRK during the most recent quarter. The investment firm sold 111,628 shares of TRK which is valued $1,997,025.

Speedway Motorsports closed down -0.07 points or -0.39% at $17.98 with 13,306 shares getting traded on Monday. Post opening the session at $18.07, the shares hit an intraday low of $17.9 and an intraday high of $18.19 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Speedway Motorsports Inc. (SMI) is engaged in promoting marketing and sponsoring motorsports activities in the United States. The Company also provides souvenir merchandising services and food beverage and hospitality catering services through its subsidiary SMISC Holdings Inc. (doing business as SMI Properties). The Company through its Performance Racing Network subsidiary provides radio programming production and distribution. It distributes wholesale and retail motorsports and other sports-related souvenir merchandise and apparel through its SMI Properties and SMI Trackside LLC subsidiaries. It also manufactures and distributes smaller-scale modified racing cars and parts through its subsidiary US Legend Cars International Inc. It owns and operates eight racing facilities in the United States through its subsidiaries: Atlanta Motor Speedway Bristol Motor Speedway Charlotte Motor Speedway Kentucky Speedway Las Vegas Motor Speedway and others.

Leave a Reply

Speedway Motorsports - Is it time to Sell?

Top Brokerage Firms are advising their investors on Speedway Motorsports. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.