Caesars Entertainment
CZR
506 hedge funds and large institutions have $10.1B invested in Caesars Entertainment in 2023 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 192 increasing their positions, 177 reducing their positions, and 51 closing their positions.
39% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 51
19% more funds holding in top 10
Funds holding in top 10: 21 → 25 (+4)
4% more funds holding
Funds holding: 487 → 506 (+19)
8% more repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 177
4% more capital invested
Capital invested by funds: $9.75B → $10.1B (+$390M)
0.33% less ownership
Funds ownership: 92.83% → 92.5% (-0.33%)
13% less call options, than puts
Call options by funds: $313M | Put options by funds: $359M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$149M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$81.6M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$61.9M |
| 4 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$53.3M |
| 5 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$83.9M |
| 2 |
AM
Atreides Management
Boston,
Massachusetts
|
-$81.3M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$78.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$39.2M |
CZR Hedge Fund Activity: Q2 2023 in Review
506 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q2 2023, worth a combined $10.1B — up 4% from $9.75B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new CZR positions and 51 closed out — a net gain of 20 holders — while 192 added to existing stakes and 177 trimmed.
The largest buyer was EdgePoint Investment Group, opening a new position worth an estimated $149M. The largest seller was Citadel Advisors, cutting an estimated $83.9M.
- 506 institutional investors held Caesars Entertainment (CZR) as of Q2 2023, up from 487 in Q1 2023.
- Funds reported $10.1B of Caesars Entertainment stock for Q2 2023, up 4% quarter-over-quarter.
- 71 funds opened new Caesars Entertainment positions in Q2 2023 and 51 closed out, a net change of +20 holders.
- The largest Caesars Entertainment buyer in Q2 2023 was EdgePoint Investment Group, an estimated $149M added.
- The largest Caesars Entertainment seller in Q2 2023 was Citadel Advisors, an estimated $83.9M sold.
Based on aggregated 13F filings for Q2 2023.