Boyd Gaming
218 hedge funds and large institutions have $1.9B invested in Boyd Gaming in 2019 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 91 increasing their positions, 69 reducing their positions, and 37 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
51% more call options, than puts
Call options by funds: $49.3M | Put options by funds: $32.7M
32% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 69
3.63% more ownership
Funds ownership: 68.92% → 72.55% (+3.6%)
8% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 37
1% less funds holding
Funds holding: 221 → 218 (-3)
6% less capital invested
Capital invested by funds: $2.03B → $1.9B (-$130M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$78.1M |
| 2 |
LCM
Lomas Capital Management
New York
|
+$23.7M |
| 3 |
BlackRock
New York
|
+$17.6M |
| 4 |
LPC
Long Pond Capital
New York
|
+$14.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
-$68.6M |
| 2 |
HCM
Highline Capital Management
New York
|
-$33.3M |
| 3 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$9.98M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$9.97M |
| 5 |
Millennium Management
New York
|
-$8.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCPG
251
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$5K | -200 | Closed |
|
252
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -131 | Closed |
|
|
CFGS
253
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.47K | -58 | Closed |
|
|
FGAM
254
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$51 | +2 | +14% |
|
BYD Hedge Fund Activity: Q3 2019 in Review
218 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q3 2019, worth a combined $1.9B — down 6.4% from $2.03B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BYD and 34 opened new positions — a net loss of 3 holders — while 69 trimmed existing stakes and 91 added.
The largest buyer was Cohen & Steers, adding an estimated $78.1M. The largest seller was Valinor Management, exiting entirely with an estimated $68.6M sold.
- 218 institutional investors held Boyd Gaming (BYD) as of Q3 2019, down from 221 in Q2 2019.
- Funds reported $1.9B of Boyd Gaming stock for Q3 2019, down 6.4% quarter-over-quarter.
- 34 funds opened new Boyd Gaming positions in Q3 2019 and 37 closed out, a net change of -3 holders.
- The largest Boyd Gaming buyer in Q3 2019 was Cohen & Steers, an estimated $78.1M added.
- The largest Boyd Gaming seller in Q3 2019 was Valinor Management, an estimated $68.6M sold.
Based on aggregated 13F filings for Q3 2019.