Boyd Gaming
411 hedge funds and large institutions have $4.25B invested in Boyd Gaming in 2026 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 161 increasing their positions, 135 reducing their positions, and 55 closing their positions.
121% more call options, than puts
Call options by funds: $88.1M | Put options by funds: $39.9M
19% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 135
0.75% less ownership
Funds ownership: 69.36% → 68.62% (-0.75%)
2% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 55
3% less funds holding
Funds holding: 424 → 411 (-13)
8% less capital invested
Capital invested by funds: $4.6B → $4.25B (-$357M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$129M |
| 2 |
ICP
Ilex Capital Partners
London,
United Kingdom
|
+$39.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$22.3M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$21.9M |
| 5 |
FGP
Freestone Grove Partners
San Francisco,
California
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$50.7M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$39.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$38.1M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$34.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$33.6M |
BYD Hedge Fund Activity: Q1 2026 in Review
411 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q1 2026, worth a combined $4.25B — down 7.8% from $4.6B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of BYD and 54 opened new positions — a net loss of 1 holder — while 135 trimmed existing stakes and 161 added.
The largest buyer was Cohen & Steers, adding an estimated $129M. The largest seller was Franklin Resources, cutting an estimated $50.7M.
- 411 institutional investors held Boyd Gaming (BYD) as of Q1 2026, down from 424 in Q4 2025.
- Funds reported $4.25B of Boyd Gaming stock for Q1 2026, down 7.8% quarter-over-quarter.
- 54 funds opened new Boyd Gaming positions in Q1 2026 and 55 closed out, a net change of -1 holder.
- The largest Boyd Gaming buyer in Q1 2026 was Cohen & Steers, an estimated $129M added.
- The largest Boyd Gaming seller in Q1 2026 was Franklin Resources, an estimated $50.7M sold.
Based on aggregated 13F filings for Q1 2026.