David Zorub’s Parsifal Capital Management’s Top 5 Stocks

4. VICI Properties Inc. (NYSE:VICI)

Parsifal Capital Management’s Stake Value: $89,035,000

Percentage of Parsifal Capital Management’s 13F Portfolio: 7.27%

Number of Hedge Fund Holders: 37

VICI Properties Inc. (NYSE:VICI) is a New York-based REIT that owns one of the largest portfolios of gaming, hospitality, and entertainment establishments in the United States. Some popular entertainment venues owned by VICI Properties Inc. (NYSE:VICI) are Caesars Palace, Century Casinos, Inc. (NASDAQ:CNTY), Hard Rock International Inc., and JACK Entertainment, among several others. VICI Properties Inc. (NYSE:VICI) is one of the top stock picks of David Zorub for Q2. 

Parsifal Capital Management owns 2.87 million shares in VICI Properties Inc. (NYSE:VICI), worth over $89 million, representing 7.27% of the firm’s investment portfolio. 

VICI Properties Inc. (NYSE:VICI)’s Q3 EPS on October 27 came in at $0.28, missing estimates by -$0.17. Revenue for the third quarter was $375.70 million, exceeding estimates by $0.29 million. 

As of the end of the second quarter, 37 hedge funds tracked by Insider Monkey were long VICI Properties Inc. (NYSE:VICI), down from 41 in the previous quarter.