Boyd Gaming
209 hedge funds and large institutions have $1.96B invested in Boyd Gaming in 2015 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 76 increasing their positions, 65 reducing their positions, and 21 closing their positions.
90% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 21
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
54% more capital invested
Capital invested by funds: $1.28B → $1.96B (+$683M)
17% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 65
9% more funds holding
Funds holding: 191 → 209 (+18)
5.95% more ownership
Funds ownership: 70.88% → 76.83% (+6%)
63% less call options, than puts
Call options by funds: $29.2M | Put options by funds: $79M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$32.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$28.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$22.5M |
| 4 |
Renaissance Technologies
New York
|
+$13.2M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$21.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$19.2M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$9.61M |
| 4 |
RAM
RWC Asset Management
London,
United Kingdom
|
-$7.52M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$5.96M |
BYD Hedge Fund Activity: Q4 2015 in Review
209 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q4 2015, worth a combined $1.96B — up 54% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new BYD positions and 21 closed out — a net gain of 19 holders — while 76 added to existing stakes and 65 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $32.8M. The largest seller was SG Capital Management, exiting entirely with an estimated $21.2M sold.
- 209 institutional investors held Boyd Gaming (BYD) as of Q4 2015, up from 191 in Q3 2015.
- Funds reported $1.96B of Boyd Gaming stock for Q4 2015, up 54% quarter-over-quarter.
- 40 funds opened new Boyd Gaming positions in Q4 2015 and 21 closed out, a net change of +19 holders.
- The largest Boyd Gaming buyer in Q4 2015 was Hennessy Advisors Inc, an estimated $32.8M added.
- The largest Boyd Gaming seller in Q4 2015 was SG Capital Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2015.