Churchill Downs
CHDN
332 hedge funds and large institutions have $5.12B invested in Churchill Downs in 2022 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 105 increasing their positions, 122 reducing their positions, and 37 closing their positions.
176% more call options, than puts
Call options by funds: $5.43M | Put options by funds: $1.97M
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
11% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 37
3.36% more ownership
Funds ownership: 144.12% → 147.47% (+3.4%)
0% more funds holding
Funds holding: 331 → 332 (+1)
2% less capital invested
Capital invested by funds: $5.24B → $5.12B (-$118M)
14% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 122
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$54.8M |
| 2 |
Millennium Management
New York
|
+$38.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$35.6M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$26.2M |
| 5 |
Jennison Associates
New York
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$68M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$21.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$18.4M |
| 4 |
NC
Nitorum Capital
New York
|
-$15.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$13.3M |
CHDN Hedge Fund Activity: Q3 2022 in Review
332 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Churchill Downs (CHDN) for Q3 2022, worth a combined $5.12B — down 2.3% from $5.24B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CHDN positions and 37 closed out — a net gain of 4 holders — while 105 added to existing stakes and 122 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $54.8M. The largest seller was Citadel Advisors, cutting an estimated $68M.
- 332 institutional investors held Churchill Downs (CHDN) as of Q3 2022, up from 331 in Q2 2022.
- Funds reported $5.12B of Churchill Downs stock for Q3 2022, down 2.3% quarter-over-quarter.
- 41 funds opened new Churchill Downs positions in Q3 2022 and 37 closed out, a net change of +4 holders.
- The largest Churchill Downs buyer in Q3 2022 was Janus Henderson Group, an estimated $54.8M added.
- The largest Churchill Downs seller in Q3 2022 was Citadel Advisors, an estimated $68M sold.
Based on aggregated 13F filings for Q3 2022.