Churchill Downs
CHDN
153 hedge funds and large institutions have $1.66B invested in Churchill Downs in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 60 reducing their positions, and 19 closing their positions.
1,578% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $97K
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
3% more funds holding
Funds holding: 148 → 153 (+5)
5% more capital invested
Capital invested by funds: $1.58B → $1.66B (+$78M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
13% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$19M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$15.5M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$12M |
| 4 |
Bank of New York Mellon
New York
|
+$11.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$13.2M |
| 2 |
CCM
Clovis Capital Management
New York
|
-$12.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$12.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.03M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.48M |
CHDN Hedge Fund Activity: Q1 2016 in Review
153 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Churchill Downs (CHDN) for Q1 2016, worth a combined $1.66B — up 4.9% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CHDN positions and 19 closed out — a net gain of 7 holders — while 52 added to existing stakes and 60 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $19M. The largest seller was Gotham Asset Management, cutting an estimated $13.2M.
- 153 institutional investors held Churchill Downs (CHDN) as of Q1 2016, up from 148 in Q4 2015.
- Funds reported $1.66B of Churchill Downs stock for Q1 2016, up 4.9% quarter-over-quarter.
- 26 funds opened new Churchill Downs positions in Q1 2016 and 19 closed out, a net change of +7 holders.
- The largest Churchill Downs buyer in Q1 2016 was Allianz Asset Management, an estimated $19M added.
- The largest Churchill Downs seller in Q1 2016 was Gotham Asset Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2016.