Brightstar Lottery PLC
BRSL
358 hedge funds and large institutions have $3.06B invested in Brightstar Lottery PLC in 2014 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 104 increasing their positions, 159 reducing their positions, and 62 closing their positions.
125% more call options, than puts
Call options by funds: $117M | Put options by funds: $52M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
8% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 62
2% less funds holding
Funds holding: 367 → 358 (-9)
3.01% less ownership
Funds ownership: 91.01% → 88% (-3%)
26% less capital invested
Capital invested by funds: $4.13B → $3.06B (-$1.07B)
35% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$65.2M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$47.4M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$43.7M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$37.7M |
| 5 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$118M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$46.1M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$41.1M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$33M |
| 5 |
Morgan Stanley
New York
|
-$27.5M |
BRSL Hedge Fund Activity: Q1 2014 in Review
358 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Brightstar Lottery PLC (BRSL) for Q1 2014, worth a combined $3.06B — down 26% from $4.13B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of BRSL and 57 opened new positions — a net loss of 5 holders — while 159 trimmed existing stakes and 104 added.
The largest buyer was Gates Capital Management, adding an estimated $65.2M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $118M.
- 358 institutional investors held Brightstar Lottery PLC (BRSL) as of Q1 2014, down from 367 in Q4 2013.
- Funds reported $3.06B of Brightstar Lottery PLC stock for Q1 2014, down 26% quarter-over-quarter.
- 57 funds opened new Brightstar Lottery PLC positions in Q1 2014 and 62 closed out, a net change of -5 holders.
- The largest Brightstar Lottery PLC buyer in Q1 2014 was Gates Capital Management, an estimated $65.2M added.
- The largest Brightstar Lottery PLC seller in Q1 2014 was Barrow, Hanley, Mewhinney & Strauss, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2014.