Boyd Gaming
266 hedge funds and large institutions have $3.36B invested in Boyd Gaming in 2020 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 79 increasing their positions, 93 reducing their positions, and 36 closing their positions.
78% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 36
46% more call options, than puts
Call options by funds: $87.8M | Put options by funds: $60.3M
42% more capital invested
Capital invested by funds: $2.37B → $3.36B (+$993M)
10% more funds holding
Funds holding: 241 → 266 (+25)
0.52% more ownership
Funds ownership: 69.83% → 70.35% (+0.52%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
15% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$46M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$35.4M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$33M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$27.1M |
| 5 |
Morgan Stanley
New York
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$52.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.2M |
| 3 |
Millennium Management
New York
|
-$16.9M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$14.8M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$13M |
BYD Hedge Fund Activity: Q4 2020 in Review
266 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q4 2020, worth a combined $3.36B — up 42% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BYD positions and 36 closed out — a net gain of 28 holders — while 79 added to existing stakes and 93 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $46M. The largest seller was PAR Capital Management, exiting entirely with an estimated $52.3M sold.
- 266 institutional investors held Boyd Gaming (BYD) as of Q4 2020, up from 241 in Q3 2020.
- Funds reported $3.36B of Boyd Gaming stock for Q4 2020, up 42% quarter-over-quarter.
- 64 funds opened new Boyd Gaming positions in Q4 2020 and 36 closed out, a net change of +28 holders.
- The largest Boyd Gaming buyer in Q4 2020 was HG Vora Capital Management, an estimated $46M added.
- The largest Boyd Gaming seller in Q4 2020 was PAR Capital Management, an estimated $52.3M sold.
Based on aggregated 13F filings for Q4 2020.