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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
ASRS
151
Arizona State Retirement System
Arizona
$1.86M
LSERS
152
Louisiana State Employees Retirement System
Louisiana
$1.79M
ACM
153
Aquatic Capital Management
Illinois
$1.77M
Zurich Cantonal Bank
154
Zurich Cantonal Bank
Switzerland
$1.72M
Lazard Asset Management
155
Lazard Asset Management
New York
$1.69M
COPPSERS
156
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.66M
NAAA
157
New Age Alpha Advisors
New York
$1.63M
Citigroup
158
Citigroup
New York
$1.61M
IBOK
159
Independence Bank of Kentucky
Kentucky
$1.58M
BWP
160
Barlow Wealth Partners
Kentucky
$1.54M
SOMRS
161
State of Michigan Retirement System
Michigan
$1.54M
Mariner
162
Mariner
Kansas
$1.53M
NMERB
163
New Mexico Educational Retirement Board
New Mexico
$1.45M
NMIMC
164
Northwestern Mutual Investment Management Company
Wisconsin
$1.44M
SDIC
165
South Dakota Investment Council
South Dakota
$1.41M
HSBC Holdings
166
HSBC Holdings
United Kingdom
$1.4M
SF
167
Synovus Financial
Georgia
$1.37M
Comerica Bank
168
Comerica Bank
Texas
$1.36M
STA
169
Summit Trail Advisors
New York
$1.32M
KF
170
Krilogy Financial
Missouri
$1.31M
OPERF
171
Oregon Public Employees Retirement Fund
Oregon
$1.3M
WAM
172
Weiss Asset Management
Massachusetts
$1.21M
X
173
Xponance
Pennsylvania
$1.2M
Two Sigma Advisers
174
Two Sigma Advisers
New York
$1.19M
GCM
175
Graham Capital Management
Connecticut
$1.17M