Boyd Gaming
229 hedge funds and large institutions have $1.99B invested in Boyd Gaming in 2019 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 74 increasing their positions, 88 reducing their positions, and 40 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
22% more capital invested
Capital invested by funds: $1.63B → $1.99B (+$357M)
3% less funds holding
Funds holding: 237 → 229 (-8)
4.2% less ownership
Funds ownership: 71.29% → 67.08% (-4.2%)
15% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 40
16% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 88
51% less call options, than puts
Call options by funds: $12.8M | Put options by funds: $26.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.7M |
| 2 |
JP Morgan Chase
New York
|
+$17.7M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$12.8M |
| 4 |
Goldman Sachs
New York
|
+$11.5M |
| 5 |
BAMCO Inc
New York
|
+$8.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$98.9M |
| 2 |
Morgan Stanley
New York
|
-$40.3M |
| 3 |
Millennium Management
New York
|
-$28.5M |
| 4 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$14.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.6M |
BYD Hedge Fund Activity: Q1 2019 in Review
229 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q1 2019, worth a combined $1.99B — up 22% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of BYD and 34 opened new positions — a net loss of 6 holders — while 88 trimmed existing stakes and 74 added.
The largest buyer was Fidelity Investments, adding an estimated $32.7M. The largest seller was PAR Capital Management, cutting an estimated $98.9M.
- 229 institutional investors held Boyd Gaming (BYD) as of Q1 2019, down from 237 in Q4 2018.
- Funds reported $1.99B of Boyd Gaming stock for Q1 2019, up 22% quarter-over-quarter.
- 34 funds opened new Boyd Gaming positions in Q1 2019 and 40 closed out, a net change of -6 holders.
- The largest Boyd Gaming buyer in Q1 2019 was Fidelity Investments, an estimated $32.7M added.
- The largest Boyd Gaming seller in Q1 2019 was PAR Capital Management, an estimated $98.9M sold.
Based on aggregated 13F filings for Q1 2019.