We are live on ! Find out more
CHDN icon

Churchill Downs
CHDN

190 hedge funds and large institutions have $2.34B invested in Churchill Downs in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 74 increasing their positions, 58 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 13

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

28% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 58

22.5% more ownership

Funds ownership: 420.21% → 442.71% (+23%)

11% more funds holding

Funds holding: 171 → 190 (+19)

11% more capital invested

Capital invested by funds: $2.12B → $2.34B (+$228M)

41% less call options, than puts

Call options by funds: $4.39M | Put options by funds: $7.42M

Holders
190
Holders Change
+19
Holders Change %
+11.11%
% of All Funds
4.74%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
32
Increased
74
Reduced
58
Closed
13
Calls
$4.39M
Puts
$7.42M
Net Calls
-$3.03M
Net Calls Change
-$4.73M

Top Buyers

1
SAM
Scopus Asset Management
New York
+$19.6M
2
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$16M
3
Victory Capital Management
Victory Capital Management
Texas
+$9.09M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$8.36M
5
CF
Cypress Funds
California
+$7.78M

Top Sellers

1
TBC
Three Bays Capital
Massachusetts
-$55.2M
2
SFM
Soros Fund Management
New York
-$33.5M
3
American Century Companies
American Century Companies
Missouri
-$15.4M
4
GI
GAMCO Investors
Connecticut
-$9.1M
5
GF
Gabelli Funds
New York
-$8.47M
Name Holding Trade Value Shares
Change 		Change in
Stake
VF
126
Virtu Financial
New York
$468K +$436K +13,632 New
NI
127
Numeric Investors
Massachusetts
$454K +$38.4K +1,200 +10%
PM
128
Parametrica Management
Hong Kong
$454K +$423K +13,200 New
AAM
129
Advisors Asset Management
Colorado
$431K -$13.8K -432 -3%
SEI Investments
130
SEI Investments
Pennsylvania
$415K +$58.4K +1,824 +18%
O
131
OppenheimerFunds
New York
$408K -$48.2K -1,506 -11%
US Bancorp
132
US Bancorp
Minnesota
$397K -$5.96K -186 -2%
COPPSERS
133
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$389K +$16.1K +504 +5%
Royal Bank of Canada
134
Royal Bank of Canada
Ontario, Canada
$387K +$361K +11,274 New
FDCDDQ
135
Federation des caisses Desjardins du Quebec
Quebec, Canada
$383K -$28.4K -888 -7%
AB
136
Amalgamated Bank
New York
$381K -$17.9K -558 -5%
WA
137
WBH Advisory
Maryland
$381K – – –
IA
138
IFP Advisors
Florida
$378K -$9.41K -294 -3%
VanEck Associates
139
VanEck Associates
New York
$369K -$145K -4,524 -30%
ProShare Advisors
140
ProShare Advisors
Maryland
$361K -$57.1K -1,782 -14%
NMIMC
141
Northwestern Mutual Investment Management Company
Wisconsin
$349K -$83.6K -2,610 -20%
PP
142
Paloma Partners
Connecticut
$348K +$324K +10,134 New
TRCT
143
Tower Research Capital (TRC)
New York
$347K +$323K +10,104 New
PG
144
PEAK6 Group
Illinois
$346K -$30.7K -960 -9%
SAM
145
Securian Asset Management
Minnesota
$341K +$19.2K +600 +6%
SAM
146
Sawgrass Asset Management
Florida
$330K +$94.1K +2,940 +44%
IG
147
ING Group
Netherlands
$327K +$15.6K +486 +5%
PNC
148
Park National Corp
Ohio
$309K – – –
HIM
149
Hutchens Investment Management
New Hampshire
$309K +$288K +9,000 New
PA
150
Profund Advisors
Maryland
$301K +$55.3K +1,728 +25%
4 5
6
7 8

CHDN Hedge Fund Activity: Q3 2017 in Review

190 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Churchill Downs (CHDN) for Q3 2017, worth a combined $2.34B — up 11% from $2.12B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new CHDN positions and 13 closed out — a net gain of 19 holders — while 74 added to existing stakes and 58 trimmed.

The largest buyer was Scopus Asset Management, adding an estimated $19.6M. The largest seller was Three Bays Capital, cutting an estimated $55.2M.

  • 190 institutional investors held Churchill Downs (CHDN) as of Q3 2017, up from 171 in Q2 2017.
  • Funds reported $2.34B of Churchill Downs stock for Q3 2017, up 11% quarter-over-quarter.
  • 32 funds opened new Churchill Downs positions in Q3 2017 and 13 closed out, a net change of +19 holders.
  • The largest Churchill Downs buyer in Q3 2017 was Scopus Asset Management, an estimated $19.6M added.
  • The largest Churchill Downs seller in Q3 2017 was Three Bays Capital, an estimated $55.2M sold.

Based on aggregated 13F filings for Q3 2017.