Boyd Gaming
197 hedge funds and large institutions have $2.25B invested in Boyd Gaming in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 67 reducing their positions, and 18 closing their positions.
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
33% more call options, than puts
Call options by funds: $69M | Put options by funds: $51.8M
7% more capital invested
Capital invested by funds: $2.1B → $2.25B (+$151M)
5% more funds holding
Funds holding: 187 → 197 (+10)
1.66% more ownership
Funds ownership: 74.88% → 76.53% (+1.7%)
1% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 67
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.8M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$30.6M |
| 3 |
O
OppenheimerFunds
New York
|
+$15.7M |
| 4 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
+$15.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
-$40.6M |
| 2 |
Two Sigma Investments
New York
|
-$16.8M |
| 3 |
Citigroup
New York
|
-$13.4M |
| 4 |
Millennium Management
New York
|
-$12.2M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$11.5M |
BYD Hedge Fund Activity: Q3 2017 in Review
197 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q3 2017, worth a combined $2.25B — up 7.2% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BYD positions and 18 closed out — a net gain of 12 holders — while 68 added to existing stakes and 67 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $61.8M. The largest seller was Three Bays Capital, exiting entirely with an estimated $40.6M sold.
- 197 institutional investors held Boyd Gaming (BYD) as of Q3 2017, up from 187 in Q2 2017.
- Funds reported $2.25B of Boyd Gaming stock for Q3 2017, up 7.2% quarter-over-quarter.
- 30 funds opened new Boyd Gaming positions in Q3 2017 and 18 closed out, a net change of +12 holders.
- The largest Boyd Gaming buyer in Q3 2017 was Fidelity Investments, an estimated $61.8M added.
- The largest Boyd Gaming seller in Q3 2017 was Three Bays Capital, an estimated $40.6M sold.
Based on aggregated 13F filings for Q3 2017.