Caesars Entertainment
CZR
173 hedge funds and large institutions have $2.22B invested in Caesars Entertainment in 2018 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 68 reducing their positions, and 22 closing their positions.
344% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $5.53M
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
2% more funds holding
Funds holding: 169 → 173 (+4)
3% more capital invested
Capital invested by funds: $2.16B → $2.22B (+$60.7M)
0.4% more ownership
Funds ownership: 9.25% → 9.65% (+0.4%)
13% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 68
46% less funds holding in top 10
Funds holding in top 10: 13 → 7 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$38.7M |
| 3 |
CGI
Calixto Global Investors
Coral Gables,
Florida
|
+$32.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BM
Bridger Management
New York
|
-$21.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$20.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$19.7M |
| 4 |
Renaissance Technologies
New York
|
-$14.5M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$9.87M |
CZR Hedge Fund Activity: Q1 2018 in Review
173 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q1 2018, worth a combined $2.22B — up 2.8% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CZR positions and 22 closed out — a net gain of 5 holders — while 59 added to existing stakes and 68 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $82.6M. The largest seller was Bridger Management, cutting an estimated $21.2M.
- 173 institutional investors held Caesars Entertainment (CZR) as of Q1 2018, up from 169 in Q4 2017.
- Funds reported $2.22B of Caesars Entertainment stock for Q1 2018, up 2.8% quarter-over-quarter.
- 27 funds opened new Caesars Entertainment positions in Q1 2018 and 22 closed out, a net change of +5 holders.
- The largest Caesars Entertainment buyer in Q1 2018 was Fidelity Investments, an estimated $82.6M added.
- The largest Caesars Entertainment seller in Q1 2018 was Bridger Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2018.