Bally's
BALY
115 hedge funds and large institutions have $452M invested in Bally's in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 40 reducing their positions, and 15 closing their positions.
713% more call options, than puts
Call options by funds: $14.3M | Put options by funds: $1.76M
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more funds holding
Funds holding: 106 → 115 (+9)
0.16% more ownership
Funds ownership: 62.75% → 62.91% (+0.16%)
20% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 40
21% less capital invested
Capital invested by funds: $572M → $452M (-$120M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.96M |
| 2 |
SA
Sycale Advisors
New York
|
+$4.96M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.67M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.11M |
| 5 |
BCA
Boundary Creek Advisors
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$17.4M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$5.22M |
| 3 |
BlackRock
New York
|
-$4.19M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.56M |
| 5 |
SCM
Segantii Capital Management
Hong Kong
|
-$1.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
126
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3.75K | -192 | Closed |
|
127
Point72 Asset Management
Stamford,
Connecticut
| – | -$3.52K | -180 | Closed |
|
|
PA
128
Parallel Advisors
San Francisco,
California
| – | -$78 | -4 | Closed |
|
129
Comerica Bank
Dallas,
Texas
| – | +$77K | +4,777 | New |
|
BALY Hedge Fund Activity: Q2 2023 in Review
115 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Bally's (BALY) for Q2 2023, worth a combined $452M — down 21% from $572M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BALY positions and 15 closed out — a net gain of 9 holders — while 32 added to existing stakes and 40 trimmed.
The largest buyer was Millennium Management, adding an estimated $5.96M. The largest seller was Paulson & Co, exiting entirely with an estimated $17.4M sold.
- 115 institutional investors held Bally's (BALY) as of Q2 2023, up from 106 in Q1 2023.
- Funds reported $452M of Bally's stock for Q2 2023, down 21% quarter-over-quarter.
- 24 funds opened new Bally's positions in Q2 2023 and 15 closed out, a net change of +9 holders.
- The largest Bally's buyer in Q2 2023 was Millennium Management, an estimated $5.96M added.
- The largest Bally's seller in Q2 2023 was Paulson & Co, an estimated $17.4M sold.
Based on aggregated 13F filings for Q2 2023.