Boyd Gaming
154 hedge funds and large institutions have $996M invested in Boyd Gaming in 2013 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 63 increasing their positions, 33 reducing their positions, and 19 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
126% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 19
91% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 33
58% more capital invested
Capital invested by funds: $631M → $996M (+$365M)
18% more funds holding
Funds holding: 131 → 154 (+23)
1.09% more ownership
Funds ownership: 64.24% → 65.33% (+1.1%)
21% less call options, than puts
Call options by funds: $24.3M | Put options by funds: $30.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33M |
| 2 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$24.9M |
| 3 |
CCI
Columbus Circle Investors
|
+$24.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$19.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$30.6M |
| 2 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
-$14.1M |
| 3 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
-$6.12M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$5.99M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$5.75M |
BYD Hedge Fund Activity: Q3 2013 in Review
154 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q3 2013, worth a combined $996M — up 58% from $631M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BYD positions and 19 closed out — a net gain of 24 holders — while 63 added to existing stakes and 33 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $33M. The largest seller was PAR Capital Management, cutting an estimated $30.6M.
- 154 institutional investors held Boyd Gaming (BYD) as of Q3 2013, up from 131 in Q2 2013.
- Funds reported $996M of Boyd Gaming stock for Q3 2013, up 58% quarter-over-quarter.
- 43 funds opened new Boyd Gaming positions in Q3 2013 and 19 closed out, a net change of +24 holders.
- The largest Boyd Gaming buyer in Q3 2013 was T. Rowe Price Associates, an estimated $33M added.
- The largest Boyd Gaming seller in Q3 2013 was PAR Capital Management, an estimated $30.6M sold.
Based on aggregated 13F filings for Q3 2013.