Boyd Gaming
363 hedge funds and large institutions have $4.51B invested in Boyd Gaming in 2025 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 110 increasing their positions, 151 reducing their positions, and 47 closing their positions.
180% more call options, than puts
Call options by funds: $114M | Put options by funds: $40.5M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
30% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 47
13% more capital invested
Capital invested by funds: $3.98B → $4.51B (+$532M)
2% more funds holding
Funds holding: 355 → 363 (+8)
2.74% less ownership
Funds ownership: 73.53% → 70.79% (-2.7%)
27% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 151
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$69.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.3M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$9.39M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.08M |
| 5 |
QCM
Quantinno Capital Management
New York
|
+$6.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$92M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$60.7M |
| 3 |
Squarepoint
New York
|
-$33.9M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$31M |
| 5 |
Cohen & Steers
New York
|
-$26.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
401
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$105K | -1,600 | Closed |
|
|
QC
402
Quent Capital
New York
| – | -$48.2K | -732 | Closed |
|
|
QCG
403
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$48.1K | -730 | Closed |
|
|
QL
404
Quarry LP
New York
| – | -$24K | -365 | Closed |
|
|
MG
405
Mather Group
Chicago,
Illinois
| – | -$9.94K | -151 | Closed |
|
|
MMCM
406
Murphy & Mullick Capital Management
Smithtown,
New York
| – | -$6.58K | -100 | Closed |
|
|
HNW
407
High Note Wealth
Deephaven,
Minnesota
| – | -$1.71K | -26 | Closed |
|
|
FPF
408
First Pacific Financial
Vancouver,
Washington
| – | -$395 | -6 | Closed |
|
|
ACA
409
American Capital Advisory
Ketchum,
Idaho
| – | -$264 | -4 | Closed |
|
BYD Hedge Fund Activity: Q2 2025 in Review
363 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q2 2025, worth a combined $4.51B — up 13% from $3.98B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new BYD positions and 47 closed out — a net gain of 14 holders — while 110 added to existing stakes and 151 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $69.9M. The largest seller was BlackRock, cutting an estimated $92M.
- 363 institutional investors held Boyd Gaming (BYD) as of Q2 2025, up from 355 in Q1 2025.
- Funds reported $4.51B of Boyd Gaming stock for Q2 2025, up 13% quarter-over-quarter.
- 61 funds opened new Boyd Gaming positions in Q2 2025 and 47 closed out, a net change of +14 holders.
- The largest Boyd Gaming buyer in Q2 2025 was First Trust Advisors, an estimated $69.9M added.
- The largest Boyd Gaming seller in Q2 2025 was BlackRock, an estimated $92M sold.
Based on aggregated 13F filings for Q2 2025.