Boyd Gaming
148 hedge funds and large institutions have $915M invested in Boyd Gaming in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 51 reducing their positions, and 30 closing their positions.
10% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $22.4M
4% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 51
0.91% less ownership
Funds ownership: 70.54% → 69.63% (-0.91%)
9% less funds holding
Funds holding: 162 → 148 (-14)
9% less capital invested
Capital invested by funds: $1.01B → $915M (-$91.9M)
47% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 30
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$32.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.4M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$19.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.97M |
| 5 |
AIM
Assured Investment Management
New York
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$37.9M |
| 2 |
LPC
Long Pond Capital
New York
|
-$10.3M |
| 3 |
LCM
LionEye Capital Management
New York
|
-$6.93M |
| 4 |
TCM
TCS Capital Management
New York
|
-$6.86M |
| 5 |
Two Sigma Investments
New York
|
-$6.45M |
BYD Hedge Fund Activity: Q2 2014 in Review
148 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q2 2014, worth a combined $915M — down 9.1% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BYD and 16 opened new positions — a net loss of 14 holders — while 51 trimmed existing stakes and 53 added.
The largest buyer was Baupost Group, opening a new position worth an estimated $32.3M. The largest seller was D.E. Shaw & Co, cutting an estimated $37.9M.
- 148 institutional investors held Boyd Gaming (BYD) as of Q2 2014, down from 162 in Q1 2014.
- Funds reported $915M of Boyd Gaming stock for Q2 2014, down 9.1% quarter-over-quarter.
- 16 funds opened new Boyd Gaming positions in Q2 2014 and 30 closed out, a net change of -14 holders.
- The largest Boyd Gaming buyer in Q2 2014 was Baupost Group, an estimated $32.3M added.
- The largest Boyd Gaming seller in Q2 2014 was D.E. Shaw & Co, an estimated $37.9M sold.
Based on aggregated 13F filings for Q2 2014.