Churchill Downs
CHDN
168 hedge funds and large institutions have $1.82B invested in Churchill Downs in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 70 reducing their positions, and 15 closing their positions.
235% more call options, than puts
Call options by funds: $3.68M | Put options by funds: $1.1M
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
8.14% more ownership
Funds ownership: 411.1% → 419.24% (+8.1%)
6% more capital invested
Capital invested by funds: $1.71B → $1.82B (+$107M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 171 → 168 (-3)
21% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$194M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$39.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$12.1M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$8.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$24.9M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$11.4M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$10.5M |
| 4 |
Bank of New York Mellon
New York
|
-$9.65M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$7.53M |
CHDN Hedge Fund Activity: Q1 2017 in Review
168 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Churchill Downs (CHDN) for Q1 2017, worth a combined $1.82B — up 6.3% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CHDN positions and 15 closed out — a net gain of 2 holders — while 55 added to existing stakes and 70 trimmed.
The largest buyer was BlackRock, adding an estimated $194M. The largest seller was Balyasny Asset Management, cutting an estimated $24.9M.
- 168 institutional investors held Churchill Downs (CHDN) as of Q1 2017, down from 171 in Q4 2016.
- Funds reported $1.82B of Churchill Downs stock for Q1 2017, up 6.3% quarter-over-quarter.
- 17 funds opened new Churchill Downs positions in Q1 2017 and 15 closed out, a net change of +2 holders.
- The largest Churchill Downs buyer in Q1 2017 was BlackRock, an estimated $194M added.
- The largest Churchill Downs seller in Q1 2017 was Balyasny Asset Management, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2017.