HG Vora Capital Management’s Boyd Gaming BYD Stock Holding History

HG Vora Capital Management’s Portfolio BYD Stock Details BYD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-500,000	Closed	-$39.1M	–	15
2025 Q2	$39.1M	Sell	500,000 -850,000	-63%	-$60.7M	4.31%	10
2025 Q1	$88.9M	Sell	1,350,000 -650,000	-33%	-$47.7M	9.08%	7
2024 Q4	$145M	Sell	2,000,000 -1,000,000	-33%	-$70.2M	10.94%	5
2024 Q3	$194M	Sell	3,000,000 -1,000,000	-25%	-$59M	14.21%	4
2024 Q2	$220M	Buy	4,000,000 +1,500,000	+60%	+$85.6M	14.31%	4
2024 Q1	$168M	Buy	2,500,000 +500,000	+25%	+$31.9M	9.64%	5
2023 Q4	$125M	Sell	2,000,000 -250,000	-11%	-$14.8M	6.4%	6
2023 Q3	$137M	Buy	2,250,000 +250,000	+13%	+$16.6M	4.33%	8
2023 Q2	$139M	Sell	2,000,000 -1,000,000	-33%	-$67.2M	3.94%	8
2023 Q1	$192M	Sell	3,000,000 -1,000,000	-25%	-$61.9M	5.55%	7
2022 Q4	$218M	Sell	4,000,000 -1,000,000	-20%	-$56.3M	8.71%	6
2022 Q3	$238M	Buy	5,000,000 +250,000	+5%	+$13.4M	10.75%	3
2022 Q2	$236M	Buy	4,750,000 +1,000,000	+27%	+$57.9M	9.34%	3
2022 Q1	$247M	Sell	3,750,000 -350,000	-9%	-$22.7M	7.28%	3
2021 Q4	$269M	Hold	4,100,000	–	–	9.63%	2
2021 Q3	$259M	Buy	4,100,000 +2,600,000	+173%	+$154M	9.83%	2
2021 Q2	$92.2M	Buy	+1,500,000	New	+$94.6M	4.16%	9
2021 Q1	–	Sell	-1,250,000	Closed	-$53.6M	–	26
2020 Q4	$53.6M	Buy	+1,250,000	New	+$46M	4.16%	8
2020 Q2	–	Sell	-3,000,000	Closed	-$43.3M	–	21
2020 Q1	$43.3M	Buy	+3,000,000	New	+$76.8M	4.22%	8

Other funds holding BYD

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Cohen & Steers New York $57.6B AUM 8.03% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

HG Vora Capital Management's BYD Position: Q3 2025 in Review

HG Vora Capital Management sold out of Boyd Gaming (BYD) in Q3 2025, closing a stake of 500,000 shares — an estimated $39.1M sold.

HG Vora Capital Management first reported a position in BYD in Q1 2020 and held it in 19 quarters. The position peaked at $269M in Q4 2021. 398 funds tracked by Wall St. Rank hold BYD as of Q3 2025.

HG Vora Capital Management reported no remaining Boyd Gaming position as of Q3 2025 after selling out during the quarter.
HG Vora Capital Management sold 500,000 Boyd Gaming shares in Q3 2025, an estimated $39.1M.
HG Vora Capital Management first reported a position in Boyd Gaming in Q1 2020 and held it in 19 quarters.
HG Vora Capital Management's Boyd Gaming position peaked at $269M in Q4 2021.
398 funds tracked by Wall St. Rank held Boyd Gaming as of Q3 2025.

Based on HG Vora Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.