Boyd Gaming
336 hedge funds and large institutions have $4.54B invested in Boyd Gaming in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 115 increasing their positions, 128 reducing their positions, and 51 closing their positions.
16% more capital invested
Capital invested by funds: $3.9B → $4.54B (+$640M)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.04% less ownership
Funds ownership: 69.01% → 68.98% (-0.04%)
4% less funds holding
Funds holding: 350 → 336 (-14)
10% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 128
22% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 51
55% less call options, than puts
Call options by funds: $72M | Put options by funds: $158M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$79.8M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$52.8M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$49.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.6M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$61.9M |
| 2 |
Millennium Management
New York
|
-$61.2M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$46.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$31.5M |
| 5 |
Man Group
London,
United Kingdom
|
-$23.5M |
BYD Hedge Fund Activity: Q1 2023 in Review
336 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q1 2023, worth a combined $4.54B — up 16% from $3.9B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of BYD and 40 opened new positions — a net loss of 11 holders — while 128 trimmed existing stakes and 115 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $79.8M. The largest seller was HG Vora Capital Management, cutting an estimated $61.9M.
- 336 institutional investors held Boyd Gaming (BYD) as of Q1 2023, down from 350 in Q4 2022.
- Funds reported $4.54B of Boyd Gaming stock for Q1 2023, up 16% quarter-over-quarter.
- 40 funds opened new Boyd Gaming positions in Q1 2023 and 51 closed out, a net change of -11 holders.
- The largest Boyd Gaming buyer in Q1 2023 was Boston Partners, an estimated $79.8M added.
- The largest Boyd Gaming seller in Q1 2023 was HG Vora Capital Management, an estimated $61.9M sold.
Based on aggregated 13F filings for Q1 2023.