Churchill Downs
CHDN
116 hedge funds and large institutions have $1.25B invested in Churchill Downs in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more capital invested
Capital invested by funds: $1.03B → $1.25B (+$222M)
5% more funds holding
Funds holding: 111 → 116 (+5)
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
8% less call options, than puts
Call options by funds: $1.52M | Put options by funds: $1.66M
Top Buyers
Top Sellers
| 1 |
SFM
Soros Fund Management
New York
|
-$11.7M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$11.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.1M |
| 4 |
Renaissance Technologies
New York
|
-$6.76M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.53M |
CHDN Hedge Fund Activity: Q1 2015 in Review
116 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Churchill Downs (CHDN) for Q1 2015, worth a combined $1.25B — up 22% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CHDN positions and 11 closed out — a net gain of 6 holders — while 41 added to existing stakes and 38 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $23M. The largest seller was Soros Fund Management, cutting an estimated $11.7M.
- 116 institutional investors held Churchill Downs (CHDN) as of Q1 2015, up from 111 in Q4 2014.
- Funds reported $1.25B of Churchill Downs stock for Q1 2015, up 22% quarter-over-quarter.
- 17 funds opened new Churchill Downs positions in Q1 2015 and 11 closed out, a net change of +6 holders.
- The largest Churchill Downs buyer in Q1 2015 was Cramer Rosenthal McGlynn, an estimated $23M added.
- The largest Churchill Downs seller in Q1 2015 was Soros Fund Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2015.