Brightstar Lottery PLC
BRSL
297 hedge funds and large institutions have $3.3B invested in Brightstar Lottery PLC in 2014 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 81 increasing their positions, 130 reducing their positions, and 107 closing their positions.
128% more call options, than puts
Call options by funds: $207M | Put options by funds: $90.8M
2% more capital invested
Capital invested by funds: $3.24B → $3.3B (+$66.9M)
2.61% less ownership
Funds ownership: 81.88% → 79.27% (-2.6%)
18% less funds holding
Funds holding: 362 → 297 (-65)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
38% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 130
59% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$145M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$136M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$112M |
| 4 |
Morgan Stanley
New York
|
+$95.4M |
| 5 |
MP
Manikay Partners
New York
|
+$91.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$207M |
| 2 |
GCM
Gates Capital Management
New York
|
-$148M |
| 3 |
Jennison Associates
New York
|
-$71.6M |
| 4 |
State Street
Boston,
Massachusetts
|
-$71M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$51.1M |
BRSL Hedge Fund Activity: Q3 2014 in Review
297 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Brightstar Lottery PLC (BRSL) for Q3 2014, worth a combined $3.3B — up 2.1% from $3.24B a quarter earlier.
Sellers outnumbered buyers: 107 funds closed out of BRSL and 44 opened new positions — a net loss of 63 holders — while 130 trimmed existing stakes and 81 added.
The largest buyer was Pentwater Capital Management, adding an estimated $145M. The largest seller was Ariel Investments, cutting an estimated $207M.
- 297 institutional investors held Brightstar Lottery PLC (BRSL) as of Q3 2014, down from 362 in Q2 2014.
- Funds reported $3.3B of Brightstar Lottery PLC stock for Q3 2014, up 2.1% quarter-over-quarter.
- 44 funds opened new Brightstar Lottery PLC positions in Q3 2014 and 107 closed out, a net change of -63 holders.
- The largest Brightstar Lottery PLC buyer in Q3 2014 was Pentwater Capital Management, an estimated $145M added.
- The largest Brightstar Lottery PLC seller in Q3 2014 was Ariel Investments, an estimated $207M sold.
Based on aggregated 13F filings for Q3 2014.