Boyd Gaming
400 hedge funds and large institutions have $4.67B invested in Boyd Gaming in 2025 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 120 increasing their positions, 138 reducing their positions, and 45 closing their positions.
89% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 45
43% more call options, than puts
Call options by funds: $169M | Put options by funds: $118M
10% more funds holding
Funds holding: 365 → 400 (+35)
3.36% less ownership
Funds ownership: 70.79% → 67.43% (-3.4%)
13% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 138
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
38% less capital inflows, than outflows
Capital inflows: $434M | Capital outflows: $703M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$48.9M |
| 2 |
Wedge Capital Management
Charlotte,
North Carolina
|
+$31.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$28.8M |
| 4 |
Quantinno Capital Management
New York
|
+$26.2M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$155M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$48.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$44.5M |
| 4 |
HG Vora Capital Management
New York
|
-$39.1M |
| 5 |
Goldentree Asset Management
New York
|
-$31.6M |
BYD Hedge Fund Activity: Q3 2025 in Review
400 of the 7,653 institutional investors tracked by Wall St. Rank reported a position in Boyd Gaming (BYD) for Q3 2025, worth a combined $4.67B — up 3.6% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new BYD positions and 45 closed out — a net gain of 40 holders — while 120 added to existing stakes and 138 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $48.9M. The largest seller was Cohen & Steers, cutting an estimated $155M.
- 400 institutional investors held Boyd Gaming (BYD) as of Q3 2025, up from 365 in Q2 2025.
- Funds reported $4.67B of Boyd Gaming stock for Q3 2025, up 3.6% quarter-over-quarter.
- 85 funds opened new Boyd Gaming positions in Q3 2025 and 45 closed out, a net change of +40 holders.
- The largest Boyd Gaming buyer in Q3 2025 was Clark Capital Management Group, an estimated $48.9M added.
- The largest Boyd Gaming seller in Q3 2025 was Cohen & Steers, an estimated $155M sold.
Based on aggregated 13F filings for Q3 2025.