Caesars Entertainment
142 hedge funds and large institutions have $1.06B invested in Caesars Entertainment in 2017 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 71 increasing their positions, 26 reducing their positions, and 15 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 26
153% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
84% more capital invested
Capital invested by funds: $578M → $1.06B (+$487M)
50% more call options, than puts
Call options by funds: $4.25M | Put options by funds: $2.83M
19% more funds holding
Funds holding: 119 → 142 (+23)
14.94% more ownership
Funds ownership: 20.78% → 35.72% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$69.2M |
| 2 |
HCM
Highline Capital Management
New York
|
+$65.8M |
| 3 |
Renaissance Technologies
New York
|
+$32.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$29M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.7M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$8.21M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.89M |
| 4 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$6.68M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$3.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
151
Highbridge Capital Management
New York
| – | -$312K | -16,507 | Closed |
|
|
GIA
152
Gargoyle Investment Advisor
Englewood,
New Jersey
| – | -$196K | -10,358 | Closed |
|
|
CG
153
Cutler Group
San Francisco,
California
| – | -$28K | -1,489 | Closed |
|
|
AIM
154
Acrospire Investment Management
Chicago,
Illinois
| – | -$13K | -661 | Closed |
|
155
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -148 | Closed |
|
|
TRCT
156
Tower Research Capital (TRC)
New York
| – | -$1K | -36 | Closed |
|
CZR Hedge Fund Activity: Q2 2017 in Review
142 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q2 2017, worth a combined $1.06B — up 84% from $578M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CZR positions and 15 closed out — a net gain of 23 holders — while 71 added to existing stakes and 26 trimmed.
The largest buyer was PAR Capital Management, adding an estimated $69.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $19.7M.
- 142 institutional investors held Caesars Entertainment (CZR) as of Q2 2017, up from 119 in Q1 2017.
- Funds reported $1.06B of Caesars Entertainment stock for Q2 2017, up 84% quarter-over-quarter.
- 38 funds opened new Caesars Entertainment positions in Q2 2017 and 15 closed out, a net change of +23 holders.
- The largest Caesars Entertainment buyer in Q2 2017 was PAR Capital Management, an estimated $69.2M added.
- The largest Caesars Entertainment seller in Q2 2017 was T. Rowe Price Associates, an estimated $19.7M sold.
Based on aggregated 13F filings for Q2 2017.