Brightstar Lottery PLC
BRSL
144 hedge funds and large institutions have $1.02B invested in Brightstar Lottery PLC in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 50 reducing their positions, and 27 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more capital invested
Capital invested by funds: $945M → $1.02B (+$72.8M)
8% more call options, than puts
Call options by funds: $7.39M | Put options by funds: $6.82M
6% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 50
1.27% less ownership
Funds ownership: 29.41% → 28.14% (-1.3%)
3% less funds holding
Funds holding: 148 → 144 (-4)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$24.9M |
| 2 |
JP Morgan Chase
New York
|
+$12.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.97M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.03M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Litespeed Management
New York
|
-$69.5M |
| 2 |
Morgan Stanley
New York
|
-$8.24M |
| 3 |
Two Sigma Investments
New York
|
-$4.84M |
| 4 |
JG
Jefferies Group
New York
|
-$4.63M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.58M |
BRSL Hedge Fund Activity: Q1 2016 in Review
144 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Brightstar Lottery PLC (BRSL) for Q1 2016, worth a combined $1.02B — up 7.7% from $945M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BRSL and 23 opened new positions — a net loss of 4 holders — while 50 trimmed existing stakes and 47 added.
The largest buyer was PAR Capital Management, adding an estimated $24.9M. The largest seller was Litespeed Management, exiting entirely with an estimated $69.5M sold.
- 144 institutional investors held Brightstar Lottery PLC (BRSL) as of Q1 2016, down from 148 in Q4 2015.
- Funds reported $1.02B of Brightstar Lottery PLC stock for Q1 2016, up 7.7% quarter-over-quarter.
- 23 funds opened new Brightstar Lottery PLC positions in Q1 2016 and 27 closed out, a net change of -4 holders.
- The largest Brightstar Lottery PLC buyer in Q1 2016 was PAR Capital Management, an estimated $24.9M added.
- The largest Brightstar Lottery PLC seller in Q1 2016 was Litespeed Management, an estimated $69.5M sold.
Based on aggregated 13F filings for Q1 2016.