Caesars Entertainment
122 hedge funds and large institutions have $356M invested in Caesars Entertainment in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 20 closing their positions.
198,800% more call options, than puts
Call options by funds: $3.98M | Put options by funds: $2K
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
9% more capital invested
Capital invested by funds: $327M → $356M (+$29.3M)
1% more funds holding
Funds holding: 121 → 122 (+1)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$16M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$14.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.9M |
| 4 |
Millennium Management
New York
|
+$6.8M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$6.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$4.36M |
| 2 |
BPIM
Brant Point Investment Management
New York
|
-$4.14M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.72M |
| 4 |
Morgan Stanley
New York
|
-$2.7M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.68M |
CZR Hedge Fund Activity: Q3 2016 in Review
122 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q3 2016, worth a combined $356M — up 8.9% from $327M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CZR positions and 20 closed out — a net gain of 2 holders — while 42 added to existing stakes and 34 trimmed.
The largest buyer was PAR Capital Management, adding an estimated $16M. The largest seller was EAM Investors, exiting entirely with an estimated $4.36M sold.
- 122 institutional investors held Caesars Entertainment (CZR) as of Q3 2016, up from 121 in Q2 2016.
- Funds reported $356M of Caesars Entertainment stock for Q3 2016, up 8.9% quarter-over-quarter.
- 22 funds opened new Caesars Entertainment positions in Q3 2016 and 20 closed out, a net change of +2 holders.
- The largest Caesars Entertainment buyer in Q3 2016 was PAR Capital Management, an estimated $16M added.
- The largest Caesars Entertainment seller in Q3 2016 was EAM Investors, an estimated $4.36M sold.
Based on aggregated 13F filings for Q3 2016.