Boyd Gaming
237 hedge funds and large institutions have $1.63B invested in Boyd Gaming in 2018 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 81 increasing their positions, 84 reducing their positions, and 47 closing their positions.
1,104% more call options, than puts
Call options by funds: $58.4M | Put options by funds: $4.85M
4% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 84
9% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 47
1.34% less ownership
Funds ownership: 72.62% → 71.29% (-1.3%)
3% less funds holding
Funds holding: 244 → 237 (-7)
41% less capital invested
Capital invested by funds: $2.76B → $1.63B (-$1.13B)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$42.5M |
| 2 |
Morgan Stanley
New York
|
+$38M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$28.3M |
| 4 |
LCM
Lomas Capital Management
New York
|
+$28.1M |
| 5 |
Millennium Management
New York
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$45.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$38.2M |
| 3 |
Goldman Sachs
New York
|
-$38.2M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$28.4M |
| 5 |
O
OppenheimerFunds
New York
|
-$19.2M |
BYD Hedge Fund Activity: Q4 2018 in Review
237 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q4 2018, worth a combined $1.63B — down 41% from $2.76B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of BYD and 43 opened new positions — a net loss of 4 holders — while 84 trimmed existing stakes and 81 added.
The largest buyer was Blue Harbour Group, opening a new position worth an estimated $42.5M. The largest seller was Appaloosa LP, exiting entirely with an estimated $45.9M sold.
- 237 institutional investors held Boyd Gaming (BYD) as of Q4 2018, down from 244 in Q3 2018.
- Funds reported $1.63B of Boyd Gaming stock for Q4 2018, down 41% quarter-over-quarter.
- 43 funds opened new Boyd Gaming positions in Q4 2018 and 47 closed out, a net change of -4 holders.
- The largest Boyd Gaming buyer in Q4 2018 was Blue Harbour Group, an estimated $42.5M added.
- The largest Boyd Gaming seller in Q4 2018 was Appaloosa LP, an estimated $45.9M sold.
Based on aggregated 13F filings for Q4 2018.