Bally's
BALY
130 hedge funds and large institutions have $515M invested in Bally's in 2024 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 27 increasing their positions, 35 reducing their positions, and 23 closing their positions.
104% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 23
78% more call options, than puts
Call options by funds: $4.11M | Put options by funds: $2.31M
54% more capital invested
Capital invested by funds: $334M → $515M (+$181M)
21% more funds holding
Funds holding: 107 → 130 (+23)
4.56% more ownership
Funds ownership: 68.9% → 73.46% (+4.6%)
23% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 35
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$24.8M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$22.7M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$10M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.98M |
| 5 |
Millennium Management
New York
|
+$8.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$19.6M |
| 2 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$17.1M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
-$13M |
| 4 |
SA
Sycale Advisors
New York
|
-$12.1M |
| 5 |
BCA
Boundary Creek Advisors
New York
|
-$11.9M |
BALY Hedge Fund Activity: Q3 2024 in Review
130 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Bally's (BALY) for Q3 2024, worth a combined $515M — up 54% from $334M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new BALY positions and 23 closed out — a net gain of 24 holders — while 27 added to existing stakes and 35 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $24.8M. The largest seller was TFG Asset Management, cutting an estimated $19.6M.
- 130 institutional investors held Bally's (BALY) as of Q3 2024, up from 107 in Q2 2024.
- Funds reported $515M of Bally's stock for Q3 2024, up 54% quarter-over-quarter.
- 47 funds opened new Bally's positions in Q3 2024 and 23 closed out, a net change of +24 holders.
- The largest Bally's buyer in Q3 2024 was Alpine Associates Management, an estimated $24.8M added.
- The largest Bally's seller in Q3 2024 was TFG Asset Management, an estimated $19.6M sold.
Based on aggregated 13F filings for Q3 2024.