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Churchill Downs

428 hedge funds and large institutions have $5.2B invested in Churchill Downs in 2025 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 129 increasing their positions, 182 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

more ownership

Funds ownership:

more funds holding in top 10

Funds holding in top 10:

6% less capital invested

Capital invested by funds: $5.55B → $5.2B (-$348M)

29% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 182

86% less call options, than puts

Call options by funds: $8.05M | Put options by funds: $59.4M

Holders
428
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$8.05M
Puts
$59.4M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSWG
301
Cardinal Strategic Wealth Guidance
Kentucky
$256K
QCG
302
Quadrant Capital Group
Ohio
$254K
EP
303
Edgestream Partners
New Jersey
$254K
FT
304
Fiduciary Trust
Massachusetts
$249K
PAM
305
Panagora Asset Management
Massachusetts
$249K
JWCA
306
J.W. Cole Advisors
Florida
$248K
SCP
307
Sivia Capital Partners
California
$242K
EA
308
Emerald Advisers
Pennsylvania
$240K
BC
309
Bayforest Capital
United Kingdom
$233K
EL
310
Essex LLC
Illinois
$232K
JA
311
JLB & Associates
Michigan
$232K
SOS
312
Silver Oak Securities
Tennessee
$230K
CIBC Private Wealth Group
313
CIBC Private Wealth Group
Georgia
$226K
PE
314
Point72 Europe
United Kingdom
$226K
CIBC Asset Management
315
CIBC Asset Management
Ontario, Canada
$223K
CCM
316
Cox Capital Management
Massachusetts
$223K
AP
317
Americana Partners
Texas
$213K
CTC
318
Cetera Trust Company
Minnesota
$213K
SC
319
SummitTX Capital
Texas
$213K
TRCT
320
Tower Research Capital (TRC)
New York
$212K
VCA
321
Verdence Capital Advisors
Maryland
$207K
CWA
322
Centerline Wealth Advisors
Kentucky
$204K
OC
323
Oakworth Capital
Alabama
$168K
EWA
324
EverSource Wealth Advisors
Alabama
$168K
SO
325
STRS Ohio
Ohio
$146K