Brightstar Lottery PLC
BRSL
200 hedge funds and large institutions have $1.13B invested in Brightstar Lottery PLC in 2019 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 70 increasing their positions, 60 reducing their positions, and 44 closing their positions.
294% more call options, than puts
Call options by funds: $76.4M | Put options by funds: $19.4M
17% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 60
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
6% less funds holding
Funds holding: 212 → 200 (-12)
5.71% less ownership
Funds ownership: 48.34% → 42.63% (-5.7%)
21% less capital invested
Capital invested by funds: $1.44B → $1.13B (-$309M)
23% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$65.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.9M |
| 3 |
Neuberger Berman Group
New York
|
+$19.9M |
| 4 |
Morgan Stanley
New York
|
+$18.3M |
| 5 |
Lazard Asset Management
New York
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$83.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$82.3M |
| 3 |
Goldman Sachs
New York
|
-$47.6M |
| 4 |
GAM
Goldentree Asset Management
New York
|
-$28.3M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
226
Eukles Asset Management
Cincinnati,
Ohio
| – | -$12K | -816 | Closed |
|
|
SBL
227
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$7K | -500 | Closed |
|
228
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -488 | Closed |
|
|
IA
229
IFP Advisors
Tampa,
Florida
| – | -$7K | -457 | Closed |
|
|
BOPW
230
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
| – | -$4K | -315 | Closed |
|
|
AIC
231
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$3K | -206 | Closed |
|
|
MAM
232
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -199 | Closed |
|
|
ASN
233
Advisory Services Network
Atlanta,
Georgia
| – | -$662 | -43 | Closed |
|
|
CA
234
Claro Advisors
Boston,
Massachusetts
| – | -$1K | -29 | Closed |
|
BRSL Hedge Fund Activity: Q1 2019 in Review
200 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Brightstar Lottery PLC (BRSL) for Q1 2019, worth a combined $1.13B — down 21% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of BRSL and 34 opened new positions — a net loss of 10 holders — while 60 trimmed existing stakes and 70 added.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $65.4M. The largest seller was PAR Capital Management, cutting an estimated $83.6M.
- 200 institutional investors held Brightstar Lottery PLC (BRSL) as of Q1 2019, down from 212 in Q4 2018.
- Funds reported $1.13B of Brightstar Lottery PLC stock for Q1 2019, down 21% quarter-over-quarter.
- 34 funds opened new Brightstar Lottery PLC positions in Q1 2019 and 44 closed out, a net change of -10 holders.
- The largest Brightstar Lottery PLC buyer in Q1 2019 was HG Vora Capital Management, an estimated $65.4M added.
- The largest Brightstar Lottery PLC seller in Q1 2019 was PAR Capital Management, an estimated $83.6M sold.
Based on aggregated 13F filings for Q1 2019.