Bally's
BALY
80 hedge funds and large institutions have $967M invested in Bally's in 2019 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 5 closing their positions.
1,180% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 5
281% more funds holding
Funds holding: 21 → 80 (+59)
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
25% more capital invested
Capital invested by funds: $774M → $967M (+$193M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$49.3M |
| 2 |
BlackRock
New York
|
+$46M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$29.9M |
| 4 |
ISSM
Invesco Senior Secured Management
New York
|
+$26.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farmstead Capital Management
Ridgewood,
New Jersey
|
-$25.8M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$22.5M |
| 3 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$20M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.87M |
| 5 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | +$6.64K | +213 | New |
|
77
BNP Paribas Financial Markets
Paris,
France
| $5.09K | +$5.33K | +171 | New |
|
|
CBT
78
Capital Bank & Trust
Irvine,
California
| $2K | +$1.68K | +54 | New |
|
|
LTFS
79
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$1.56K | +50 | New |
|
|
FCM
80
Farmstead Capital Management
Ridgewood,
New Jersey
| – | -$25.8M | -826,084 | Closed |
|
|
PAMP
81
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$4.87M | -162,531 | Closed |
|
|
LCM
82
Lafitte Capital Management
Austin,
Texas
| – | -$2.46M | -82,232 | Closed |
|
83
Renaissance Technologies
New York
| – | -$2.16M | -72,047 | Closed |
|
|
BCM
84
Bridgeway Capital Management
Houston,
Texas
| – | -$251K | -8,388 | Closed |
|
|
WAP
85
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | +$405 | +13 | New |
|
BALY Hedge Fund Activity: Q2 2019 in Review
80 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Bally's (BALY) for Q2 2019, worth a combined $967M — up 25% from $774M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BALY positions and 5 closed out — a net gain of 59 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $49.3M. The largest seller was Farmstead Capital Management, exiting entirely with an estimated $25.8M sold.
- 80 institutional investors held Bally's (BALY) as of Q2 2019, up from 21 in Q1 2019.
- Funds reported $967M of Bally's stock for Q2 2019, up 25% quarter-over-quarter.
- 64 funds opened new Bally's positions in Q2 2019 and 5 closed out, a net change of +59 holders.
- The largest Bally's buyer in Q2 2019 was Neuberger Berman Group, an estimated $49.3M added.
- The largest Bally's seller in Q2 2019 was Farmstead Capital Management, an estimated $25.8M sold.
Based on aggregated 13F filings for Q2 2019.