Bally's
BALY
106 hedge funds and large institutions have $651M invested in Bally's in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 51 reducing their positions, and 38 closing their positions.
587% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $207K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3.83% less ownership
Funds ownership: 72.58% → 68.75% (-3.8%)
14% less capital invested
Capital invested by funds: $753M → $651M (-$103M)
21% less funds holding
Funds holding: 134 → 106 (-28)
51% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 51
74% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$48.9M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.42M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.74M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
| 5 |
HF
HRT Financial
New York
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$25.1M |
| 2 |
SA
Sycale Advisors
New York
|
-$12.9M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
-$11.5M |
| 4 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$9.16M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$8.62M |
BALY Hedge Fund Activity: Q3 2022 in Review
106 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Bally's (BALY) for Q3 2022, worth a combined $651M — down 14% from $753M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BALY and 10 opened new positions — a net loss of 28 holders — while 51 trimmed existing stakes and 25 added.
The largest buyer was Contrarius Investment Management, adding an estimated $48.9M. The largest seller was Morgan Stanley, cutting an estimated $25.1M.
- 106 institutional investors held Bally's (BALY) as of Q3 2022, down from 134 in Q2 2022.
- Funds reported $651M of Bally's stock for Q3 2022, down 14% quarter-over-quarter.
- 10 funds opened new Bally's positions in Q3 2022 and 38 closed out, a net change of -28 holders.
- The largest Bally's buyer in Q3 2022 was Contrarius Investment Management, an estimated $48.9M added.
- The largest Bally's seller in Q3 2022 was Morgan Stanley, an estimated $25.1M sold.
Based on aggregated 13F filings for Q3 2022.