Caesars Entertainment
CZR
374 hedge funds and large institutions have $14.6B invested in Caesars Entertainment in 2020 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 134 increasing their positions, 125 reducing their positions, and 60 closing their positions.
43% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 60
37% more capital invested
Capital invested by funds: $10.6B → $14.6B (+$3.97B)
7% more funds holding
Funds holding: 348 → 374 (+26)
7% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 125
1% more call options, than puts
Call options by funds: $579M | Put options by funds: $575M
18.47% less ownership
Funds ownership: 113.08% → 94.61% (-18%)
29% less funds holding in top 10
Funds holding in top 10: 31 → 22 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$495M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$346M |
| 3 |
BlackRock
New York
|
+$98M |
| 4 |
Citigroup
New York
|
+$87.1M |
| 5 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$82.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$138M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$94M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$60.8M |
| 4 |
TP
Third Point
New York
|
-$56.1M |
| 5 |
Millennium Management
New York
|
-$48M |
CZR Hedge Fund Activity: Q4 2020 in Review
374 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q4 2020, worth a combined $14.6B — up 37% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new CZR positions and 60 closed out — a net gain of 26 holders — while 134 added to existing stakes and 125 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $495M. The largest seller was Canyon Capital Advisors, cutting an estimated $138M.
- 374 institutional investors held Caesars Entertainment (CZR) as of Q4 2020, up from 348 in Q3 2020.
- Funds reported $14.6B of Caesars Entertainment stock for Q4 2020, up 37% quarter-over-quarter.
- 86 funds opened new Caesars Entertainment positions in Q4 2020 and 60 closed out, a net change of +26 holders.
- The largest Caesars Entertainment buyer in Q4 2020 was Fidelity Investments, an estimated $495M added.
- The largest Caesars Entertainment seller in Q4 2020 was Canyon Capital Advisors, an estimated $138M sold.
Based on aggregated 13F filings for Q4 2020.