Boyd Gaming
350 hedge funds and large institutions have $3.9B invested in Boyd Gaming in 2022 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 103 increasing their positions, 136 reducing their positions, and 31 closing their positions.
113% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 31
13% more capital invested
Capital invested by funds: $3.44B → $3.9B (+$458M)
10% more funds holding
Funds holding: 317 → 350 (+33)
1.38% more ownership
Funds ownership: 67.64% → 69.01% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
24% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 136
44% less call options, than puts
Call options by funds: $67.2M | Put options by funds: $120M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$47.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$43.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$26.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$25.6M |
| 5 |
Jennison Associates
New York
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$56.3M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$30.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23.8M |
| 4 |
SIG
Senator Investment Group
New York
|
-$16.9M |
| 5 |
BAMCO Inc
New York
|
-$16.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFB
376
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$2K | -45 | Closed |
|
377
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$1K | -28 | Closed |
|
|
CAL
378
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$107K | +1,901 | New |
|
BYD Hedge Fund Activity: Q4 2022 in Review
350 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q4 2022, worth a combined $3.9B — up 13% from $3.44B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new BYD positions and 31 closed out — a net gain of 35 holders — while 103 added to existing stakes and 136 trimmed.
The largest buyer was Millennium Management, adding an estimated $47.7M. The largest seller was HG Vora Capital Management, cutting an estimated $56.3M.
- 350 institutional investors held Boyd Gaming (BYD) as of Q4 2022, up from 317 in Q3 2022.
- Funds reported $3.9B of Boyd Gaming stock for Q4 2022, up 13% quarter-over-quarter.
- 66 funds opened new Boyd Gaming positions in Q4 2022 and 31 closed out, a net change of +35 holders.
- The largest Boyd Gaming buyer in Q4 2022 was Millennium Management, an estimated $47.7M added.
- The largest Boyd Gaming seller in Q4 2022 was HG Vora Capital Management, an estimated $56.3M sold.
Based on aggregated 13F filings for Q4 2022.