Churchill Downs
CHDN
283 hedge funds and large institutions have $3.62B invested in Churchill Downs in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 83 increasing their positions, 105 reducing their positions, and 24 closing their positions.
3,454% more call options, than puts
Call options by funds: $32.9M | Put options by funds: $926K
54% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 24
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
9% more capital invested
Capital invested by funds: $3.33B → $3.62B (+$287M)
4% more funds holding
Funds holding: 271 → 283 (+12)
2.36% more ownership
Funds ownership: 144.1% → 146.46% (+2.4%)
21% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.8M |
| 2 |
NC
Nitorum Capital
New York
|
+$30.8M |
| 3 |
BlackRock
New York
|
+$29.6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$10.9M |
| 5 |
JP Morgan Chase
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$23.2M |
| 2 |
D.E. Shaw & Co
New York
|
-$14.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$12.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.11M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$8.77M |
CHDN Hedge Fund Activity: Q3 2019 in Review
283 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Churchill Downs (CHDN) for Q3 2019, worth a combined $3.62B — up 8.6% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CHDN positions and 24 closed out — a net gain of 13 holders — while 83 added to existing stakes and 105 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $31.8M. The largest seller was Citadel Advisors, cutting an estimated $23.2M.
- 283 institutional investors held Churchill Downs (CHDN) as of Q3 2019, up from 271 in Q2 2019.
- Funds reported $3.62B of Churchill Downs stock for Q3 2019, up 8.6% quarter-over-quarter.
- 37 funds opened new Churchill Downs positions in Q3 2019 and 24 closed out, a net change of +13 holders.
- The largest Churchill Downs buyer in Q3 2019 was Fidelity Investments, an estimated $31.8M added.
- The largest Churchill Downs seller in Q3 2019 was Citadel Advisors, an estimated $23.2M sold.
Based on aggregated 13F filings for Q3 2019.