Bally's
BALY
89 hedge funds and large institutions have $595M invested in Bally's in 2020 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 18 closing their positions.
153% more call options, than puts
Call options by funds: $38K | Put options by funds: $15K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
61% more capital invested
Capital invested by funds: $370M → $595M (+$226M)
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
13% more funds holding
Funds holding: 79 → 89 (+10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$5.55M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.07M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.3M |
| 4 |
NM
Newtyn Management
New York
|
+$4.14M |
| 5 |
SCM
Stormborn Capital Management
Greenwich,
Connecticut
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$19.3M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$10.6M |
| 3 |
Morgan Stanley
New York
|
-$10.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$8.95M |
| 5 |
Goldman Sachs
New York
|
-$6.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
101
Endurance Wealth Management
Providence,
Rhode Island
| – | -$13K | -1,000 | Closed |
|
102
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$7K | -551 | Closed |
|
|
GRP
103
Global Retirement Partners
San Rafael,
California
| – | -$1K | -63 | Closed |
|
|
CBT
104
Capital Bank & Trust
Irvine,
California
| – | -$1K | -54 | Closed |
|
105
Fidelity Investments
Boston,
Massachusetts
| – | +$18 | +1 | New |
|
BALY Hedge Fund Activity: Q2 2020 in Review
89 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Bally's (BALY) for Q2 2020, worth a combined $595M — up 61% from $370M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BALY positions and 18 closed out — a net gain of 10 holders — while 25 added to existing stakes and 21 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $5.55M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $19.3M sold.
- 89 institutional investors held Bally's (BALY) as of Q2 2020, up from 79 in Q1 2020.
- Funds reported $595M of Bally's stock for Q2 2020, up 61% quarter-over-quarter.
- 28 funds opened new Bally's positions in Q2 2020 and 18 closed out, a net change of +10 holders.
- The largest Bally's buyer in Q2 2020 was Driehaus Capital Management, an estimated $5.55M added.
- The largest Bally's seller in Q2 2020 was Neuberger Berman Group, an estimated $19.3M sold.
Based on aggregated 13F filings for Q2 2020.