Boyd Gaming
163 hedge funds and large institutions have $997M invested in Boyd Gaming in 2014 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 51 increasing their positions, 54 reducing their positions, and 19 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
29% more capital invested
Capital invested by funds: $771M → $997M (+$226M)
7% more funds holding
Funds holding: 153 → 163 (+10)
1.84% more ownership
Funds ownership: 70.09% → 71.93% (+1.8%)
6% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 54
54% less call options, than puts
Call options by funds: $22.4M | Put options by funds: $49.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
+$39M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$19.3M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$16.5M |
| 4 |
JP Morgan Chase
New York
|
+$10.2M |
| 5 |
PA
Pinnacle Associates
New York
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$20.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.7M |
| 3 |
BG
Baupost Group
Boston,
Massachusetts
|
-$9.95M |
| 4 |
LPC
Long Pond Capital
New York
|
-$6.57M |
| 5 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$5.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
M&T Bank
Buffalo,
New York
| – | -$102K | -10,008 | Closed |
|
|
OL
177
Orbitronix LP
Newport Beach,
California
| – | -$102K | -10,000 | Closed |
|
178
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -326 | Closed |
|
|
EFSCE
179
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$3K | -299 | Closed |
|
180
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1K | -100 | Closed |
|
|
ST
181
Spot Trading
Chicago,
Illinois
| – | -$1.11K | -99 | Closed |
|
182
SEI Investments
Oaks,
Pennsylvania
| – | +$405 | +36 | New |
|
BYD Hedge Fund Activity: Q4 2014 in Review
163 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q4 2014, worth a combined $997M — up 29% from $771M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BYD positions and 19 closed out — a net gain of 11 holders — while 51 added to existing stakes and 54 trimmed.
The largest buyer was Addison Clark Management, adding an estimated $39M. The largest seller was Pentwater Capital Management, cutting an estimated $20.6M.
- 163 institutional investors held Boyd Gaming (BYD) as of Q4 2014, up from 153 in Q3 2014.
- Funds reported $997M of Boyd Gaming stock for Q4 2014, up 29% quarter-over-quarter.
- 30 funds opened new Boyd Gaming positions in Q4 2014 and 19 closed out, a net change of +11 holders.
- The largest Boyd Gaming buyer in Q4 2014 was Addison Clark Management, an estimated $39M added.
- The largest Boyd Gaming seller in Q4 2014 was Pentwater Capital Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q4 2014.