Boyd Gaming
221 hedge funds and large institutions have $2.03B invested in Boyd Gaming in 2019 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 76 increasing their positions, 85 reducing their positions, and 42 closing their positions.
1.84% more ownership
Funds ownership: 67.08% → 68.92% (+1.8%)
2% more capital invested
Capital invested by funds: $1.99B → $2.03B (+$35.1M)
7% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 42
3% less funds holding
Funds holding: 229 → 221 (-8)
11% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 85
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
57% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $24.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$118M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$21.8M |
| 3 |
LPC
Long Pond Capital
New York
|
+$16M |
| 4 |
Goldman Sachs
New York
|
+$15.9M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$34.3M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$29.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.2M |
| 4 |
LCM
Lomas Capital Management
New York
|
-$19.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$11.6M |
BYD Hedge Fund Activity: Q2 2019 in Review
221 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q2 2019, worth a combined $2.03B — up 1.8% from $1.99B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of BYD and 39 opened new positions — a net loss of 3 holders — while 85 trimmed existing stakes and 76 added.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $118M. The largest seller was Wellington Management Group, exiting entirely with an estimated $34.3M sold.
- 221 institutional investors held Boyd Gaming (BYD) as of Q2 2019, down from 229 in Q1 2019.
- Funds reported $2.03B of Boyd Gaming stock for Q2 2019, up 1.8% quarter-over-quarter.
- 39 funds opened new Boyd Gaming positions in Q2 2019 and 42 closed out, a net change of -3 holders.
- The largest Boyd Gaming buyer in Q2 2019 was Cohen & Steers, an estimated $118M added.
- The largest Boyd Gaming seller in Q2 2019 was Wellington Management Group, an estimated $34.3M sold.
Based on aggregated 13F filings for Q2 2019.