Bally's
BALY
108 hedge funds and large institutions have $1.31B invested in Bally's in 2020 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 16 closing their positions.
408% more call options, than puts
Call options by funds: $18M | Put options by funds: $3.55M
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
89% more capital invested
Capital invested by funds: $691M → $1.31B (+$614M)
85.27% more ownership
Funds ownership: 0% → 85.27% (+85%)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
17% more funds holding
Funds holding: 92 → 108 (+16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$30.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$15.5M |
| 3 |
Man Group
London,
United Kingdom
|
+$13.1M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.91M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$6.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$44.5M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$26.3M |
| 3 |
SG
Standard General
New York
|
-$9.63M |
| 4 |
SCM
Stormborn Capital Management
Greenwich,
Connecticut
|
-$6.15M |
| 5 |
1C
1060 Capital
Denver,
Colorado
|
-$4.74M |
BALY Hedge Fund Activity: Q4 2020 in Review
108 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Bally's (BALY) for Q4 2020, worth a combined $1.31B — up 89% from $691M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BALY positions and 16 closed out — a net gain of 16 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Contrarius Investment Management, opening a new position worth an estimated $30.9M. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $44.5M sold.
- 108 institutional investors held Bally's (BALY) as of Q4 2020, up from 92 in Q3 2020.
- Funds reported $1.31B of Bally's stock for Q4 2020, up 89% quarter-over-quarter.
- 32 funds opened new Bally's positions in Q4 2020 and 16 closed out, a net change of +16 holders.
- The largest Bally's buyer in Q4 2020 was Contrarius Investment Management, an estimated $30.9M added.
- The largest Bally's seller in Q4 2020 was Apollo Management Holdings, an estimated $44.5M sold.
Based on aggregated 13F filings for Q4 2020.