We are live on ! Find out more
CHDN icon

Churchill Downs
CHDN

310 hedge funds and large institutions have $4.75B invested in Churchill Downs in 2020 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 84 increasing their positions, 122 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

391% more call options, than puts

Call options by funds: $60.7M | Put options by funds: $12.4M

100% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 25

20% more capital invested

Capital invested by funds: $3.96B → $4.75B (+$788M)

8% more funds holding

Funds holding: 286 → 310 (+24)

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

2.93% less ownership

Funds ownership: 150.8% → 147.87% (-2.9%)

31% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 122

Holders
310
Holders Change
+24
Holders Change %
+8.39%
% of All Funds
6.26%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.12%
New
50
Increased
84
Reduced
122
Closed
25
Calls
$60.7M
Puts
$12.4M
Net Calls
+$48.3M
Net Calls Change
+$35.1M

Top Buyers

Rank Fund Capital Flow
1
AIM
Artemis Investment Management
United Kingdom
+$30.7M
2
Victory Capital Management
Victory Capital Management
Texas
+$24.8M
3
Westfield Capital Management
Westfield Capital Management
Massachusetts
+$17M
4
N
Nuveen
North Carolina
+$16.6M
5
Ameriprise
Ameriprise
Minnesota
+$15.7M

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$39.6M
2
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$23.5M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$21.5M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$20.4M
5
Millennium Management
Millennium Management
New York
-$17.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
PP
176
Paloma Partners
Connecticut
$765K +$725K +9,344 New
OAM
177
Oppenheimer Asset Management
New York
$758K -$66.1K -852 -8%
CSWG
178
Cardinal Strategic Wealth Guidance
Kentucky
$741K -$5.27K -68 -0.7%
RCA
179
Rowland Carmichael Advisors
Arizona
$704K – – –
WA
180
WBH Advisory
Maryland
$688K -$15.5K -200 -2%
Nisa Investment Advisors
181
Nisa Investment Advisors
Missouri
$672K +$124K +1,600 +24%
SM
182
Sciencast Management
New Jersey
$640K +$575K +7,418 New
Zurich Cantonal Bank
183
Zurich Cantonal Bank
Switzerland
$631K – – –
PA
184
Profund Advisors
Maryland
$606K +$174K +2,240 +43%
WI
185
Wintrust Investments
Illinois
$603K -$6.21K -80 -1%
Fifth Third Bancorp
186
Fifth Third Bancorp
Ohio
$599K -$824K -10,622 -59%
ATC
187
Argent Trust Co
Tennessee
$599K – – –
AP
188
Advisor Partners
California
$587K +$4.5K +58 +0.8%
DTL
189
Dynamic Technology Lab
Singapore
$585K +$106K +1,364 +24%
Luther King Capital Management (LKCM)
190
Luther King Capital Management (LKCM)
Texas
$575K +$545K +7,020 New
SAM
191
Securian Asset Management
Minnesota
$565K -$23.1K -298 -4%
US Bancorp
192
US Bancorp
Minnesota
$555K -$14.6K -188 -3%
SAM
193
Shell Asset Management
Netherlands
$543K – – –
RIM
194
Regent Investment Management
Kentucky
$541K – – –
Citadel Advisors
195
Citadel Advisors
Florida
$539K -$5.84M -75,324 -92%
GCA
196
Greenwood Capital Associates
South Carolina
$538K -$80K -1,032 -14%
KBC Group
197
KBC Group
Belgium
$514K – – –
KFA
198
Krane Funds Advisors
New York
$512K -$141K -1,818 -23%
PAMU
199
Pictet Asset Management (UK)
United Kingdom
$508K +$481K +6,200 New
BFM
200
Boothbay Fund Management
New York
$457K -$540K -6,962 -56%
6 7
8
9 10

CHDN Hedge Fund Activity: Q3 2020 in Review

310 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Churchill Downs (CHDN) for Q3 2020, worth a combined $4.75B — up 20% from $3.96B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new CHDN positions and 25 closed out — a net gain of 25 holders — while 84 added to existing stakes and 122 trimmed.

The largest buyer was Artemis Investment Management, adding an estimated $30.7M. The largest seller was BlackRock, cutting an estimated $39.6M.

  • 310 institutional investors held Churchill Downs (CHDN) as of Q3 2020, up from 286 in Q2 2020.
  • Funds reported $4.75B of Churchill Downs stock for Q3 2020, up 20% quarter-over-quarter.
  • 50 funds opened new Churchill Downs positions in Q3 2020 and 25 closed out, a net change of +25 holders.
  • The largest Churchill Downs buyer in Q3 2020 was Artemis Investment Management, an estimated $30.7M added.
  • The largest Churchill Downs seller in Q3 2020 was BlackRock, an estimated $39.6M sold.

Based on aggregated 13F filings for Q3 2020.