Bally's
BALY
119 hedge funds and large institutions have $367M invested in Bally's in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 38 increasing their positions, 35 reducing their positions, and 18 closing their positions.
258% more call options, than puts
Call options by funds: $25.6M | Put options by funds: $7.16M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
6% more funds holding
Funds holding: 112 → 119 (+7)
2.63% more ownership
Funds ownership: 63.09% → 65.72% (+2.6%)
9% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 35
8% less capital invested
Capital invested by funds: $401M → $367M (-$34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$10.1M |
| 2 |
SA
Sycale Advisors
New York
|
+$3.49M |
| 3 |
Walleye Trading
New York
|
+$2.83M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.78M |
| 5 |
CM
CastleKnight Management
New York
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$23.5M |
| 2 |
Goldman Sachs
New York
|
-$9.77M |
| 3 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
-$9.38M |
| 4 |
Morgan Stanley
New York
|
-$7.15M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Arrowstreet Capital
Boston,
Massachusetts
| – | -$164K | -11,760 | Closed |
|
127
HSBC Holdings
London,
United Kingdom
| – | -$165K | -11,715 | Closed |
|
|
KOCAA
128
Knights of Columbus Asset Advisors
New Haven,
Connecticut
| – | -$146K | -10,482 | Closed |
|
|
QT
129
Quantbot Technologies
New York
| – | -$134K | -9,586 | Closed |
|
130
Comerica Bank
Dallas,
Texas
| – | -$43.5K | -3,120 | Closed |
|
|
EC
131
EntryPoint Capital
New York
| – | -$21.5K | -1,544 | Closed |
|
|
A
132
AlphaQuest
New York
| – | -$19K | -1,363 | Closed |
|
|
PMEF
133
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$8.35K | -599 | Closed |
|
|
FFA
134
Farther Finance Advisors
San Francisco,
California
| – | -$906 | -65 | Closed |
|
|
PS
135
Principal Securities
Des Moines,
Iowa
| – | -$502 | -36 | Closed |
|
|
EWA
136
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$432 | -31 | Closed |
|
|
C
137
Covestor
London,
United Kingdom
| – | +$35 | +3 | +60% |
|
BALY Hedge Fund Activity: Q1 2024 in Review
119 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Bally's (BALY) for Q1 2024, worth a combined $367M — down 8.5% from $401M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BALY positions and 18 closed out — a net gain of 7 holders — while 38 added to existing stakes and 35 trimmed.
The largest buyer was Alden Global Capital, opening a new position worth an estimated $10.1M. The largest seller was BlackRock, cutting an estimated $23.5M.
- 119 institutional investors held Bally's (BALY) as of Q1 2024, up from 112 in Q4 2023.
- Funds reported $367M of Bally's stock for Q1 2024, down 8.5% quarter-over-quarter.
- 25 funds opened new Bally's positions in Q1 2024 and 18 closed out, a net change of +7 holders.
- The largest Bally's buyer in Q1 2024 was Alden Global Capital, an estimated $10.1M added.
- The largest Bally's seller in Q1 2024 was BlackRock, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2024.