Caesars Entertainment
CZR
215 hedge funds and large institutions have $3.58B invested in Caesars Entertainment in 2018 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 82 increasing their positions, 62 reducing their positions, and 23 closing their positions.
310% more call options, than puts
Call options by funds: $37.3M | Put options by funds: $9.1M
139% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 23
35% more capital invested
Capital invested by funds: $2.66B → $3.58B (+$920M)
32% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 62
17% more funds holding
Funds holding: 183 → 215 (+32)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
1.09% more ownership
Funds ownership: 9.81% → 10.9% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$136M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$88.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$39.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$36.5M |
| 5 |
Neuberger Berman Group
New York
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$68.1M |
| 2 |
BM
Bridger Management
New York
|
-$25.7M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$24.7M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$24.1M |
| 5 |
Millennium Management
New York
|
-$16.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
226
Boothbay Fund Management
New York
| – | -$694K | -17,739 | Closed |
|
|
QSS
227
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$355K | -9,082 | Closed |
|
228
Marshall Wace
London,
United Kingdom
| – | -$264K | -6,752 | Closed |
|
|
SCC
229
Spring Creek Capital
Wichita,
Kansas
| – | -$254K | -6,493 | Closed |
|
230
Tudor Investment Corp
Stamford,
Connecticut
| – | -$240K | -6,140 | Closed |
|
|
JGC
231
J. Goldman & Co
New York
| – | -$224K | -5,740 | Closed |
|
|
PIA
232
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$45K | -1,144 | Closed |
|
|
BCA
233
Bray Capital Advisors
Naples,
Florida
| – | -$34K | -864 | Closed |
|
|
GFP
234
Gryphon Financial Partners
Columbus,
Ohio
| – | -$2K | -58 | Closed |
|
|
TWA
235
TCI Wealth Advisors
Tucson,
Arizona
| – | +$272 | +6 | New |
|
|
VCM
236
Versant Capital Management
Phoenix,
Arizona
| – | +$272 | +6 | +150% |
|
|
CAG
237
Csenge Advisory Group
Clearwater,
Florida
| – | +$590 | +13 | New |
|
CZR Hedge Fund Activity: Q3 2018 in Review
215 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q3 2018, worth a combined $3.58B — up 35% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CZR positions and 23 closed out — a net gain of 32 holders — while 82 added to existing stakes and 62 trimmed.
The largest buyer was BlackRock, adding an estimated $136M. The largest seller was PAR Capital Management, cutting an estimated $68.1M.
- 215 institutional investors held Caesars Entertainment (CZR) as of Q3 2018, up from 183 in Q2 2018.
- Funds reported $3.58B of Caesars Entertainment stock for Q3 2018, up 35% quarter-over-quarter.
- 55 funds opened new Caesars Entertainment positions in Q3 2018 and 23 closed out, a net change of +32 holders.
- The largest Caesars Entertainment buyer in Q3 2018 was BlackRock, an estimated $136M added.
- The largest Caesars Entertainment seller in Q3 2018 was PAR Capital Management, an estimated $68.1M sold.
Based on aggregated 13F filings for Q3 2018.