Boyd Gaming
252 hedge funds and large institutions have $2.38B invested in Boyd Gaming in 2019 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 90 increasing their positions, 82 reducing their positions, and 21 closing their positions.
171% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 21
46% more call options, than puts
Call options by funds: $37.1M | Put options by funds: $25.4M
25% more capital invested
Capital invested by funds: $1.9B → $2.38B (+$480M)
16% more funds holding
Funds holding: 218 → 252 (+34)
10% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 82
1.15% less ownership
Funds ownership: 72.55% → 71.4% (-1.1%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$54.6M |
| 2 |
Cohen & Steers
New York
|
+$50.8M |
| 3 |
Goldman Sachs
New York
|
+$17.6M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$16.8M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.9M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
-$54.6M |
| 3 |
LPC
Long Pond Capital
New York
|
-$27.3M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$21.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.8M |
BYD Hedge Fund Activity: Q4 2019 in Review
252 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q4 2019, worth a combined $2.38B — up 25% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new BYD positions and 21 closed out — a net gain of 36 holders — while 90 added to existing stakes and 82 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $54.6M. The largest seller was Fidelity Investments, cutting an estimated $54.9M.
- 252 institutional investors held Boyd Gaming (BYD) as of Q4 2019, up from 218 in Q3 2019.
- Funds reported $2.38B of Boyd Gaming stock for Q4 2019, up 25% quarter-over-quarter.
- 57 funds opened new Boyd Gaming positions in Q4 2019 and 21 closed out, a net change of +36 holders.
- The largest Boyd Gaming buyer in Q4 2019 was Victory Capital Management, an estimated $54.6M added.
- The largest Boyd Gaming seller in Q4 2019 was Fidelity Investments, an estimated $54.9M sold.
Based on aggregated 13F filings for Q4 2019.