Boyd Gaming
301 hedge funds and large institutions have $4.5B invested in Boyd Gaming in 2021 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 77 increasing their positions, 118 reducing their positions, and 36 closing their positions.
85% more call options, than puts
Call options by funds: $53.8M | Put options by funds: $29.1M
83% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 36
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more funds holding
Funds holding: 273 → 301 (+28)
1% less capital invested
Capital invested by funds: $4.56B → $4.5B (-$64M)
3.75% less ownership
Funds ownership: 69.03% → 65.29% (-3.7%)
35% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$106M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$94.6M |
| 3 |
Millennium Management
New York
|
+$74.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$28.7M |
| 5 |
Morgan Stanley
New York
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$175M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$167M |
| 3 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
-$78M |
| 4 |
Goldman Sachs
New York
|
-$62M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$32.8M |
BYD Hedge Fund Activity: Q2 2021 in Review
301 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q2 2021, worth a combined $4.5B — down 1.4% from $4.56B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new BYD positions and 36 closed out — a net gain of 30 holders — while 77 added to existing stakes and 118 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $106M. The largest seller was BlackRock, cutting an estimated $175M.
- 301 institutional investors held Boyd Gaming (BYD) as of Q2 2021, up from 273 in Q1 2021.
- Funds reported $4.5B of Boyd Gaming stock for Q2 2021, down 1.4% quarter-over-quarter.
- 66 funds opened new Boyd Gaming positions in Q2 2021 and 36 closed out, a net change of +30 holders.
- The largest Boyd Gaming buyer in Q2 2021 was Cohen & Steers, an estimated $106M added.
- The largest Boyd Gaming seller in Q2 2021 was BlackRock, an estimated $175M sold.
Based on aggregated 13F filings for Q2 2021.