Caesars Entertainment
183 hedge funds and large institutions have $2.66B invested in Caesars Entertainment in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 71 reducing their positions, and 18 closing their positions.
256% more call options, than puts
Call options by funds: $71.5M | Put options by funds: $20.1M
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
20% more capital invested
Capital invested by funds: $2.22B → $2.66B (+$443M)
6% more funds holding
Funds holding: 173 → 183 (+10)
0.16% more ownership
Funds ownership: 9.65% → 9.81% (+0.16%)
10% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$43.6M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$23.1M |
| 3 |
Millennium Management
New York
|
+$21.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.7M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$84.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$29.5M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$23.9M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$13.3M |
| 5 |
Two Sigma Investments
New York
|
-$12.8M |
CZR Hedge Fund Activity: Q2 2018 in Review
183 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q2 2018, worth a combined $2.66B — up 20% from $2.22B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CZR positions and 18 closed out — a net gain of 11 holders — while 64 added to existing stakes and 71 trimmed.
The largest buyer was BlackRock, adding an estimated $43.6M. The largest seller was PAR Capital Management, cutting an estimated $84.7M.
- 183 institutional investors held Caesars Entertainment (CZR) as of Q2 2018, up from 173 in Q1 2018.
- Funds reported $2.66B of Caesars Entertainment stock for Q2 2018, up 20% quarter-over-quarter.
- 29 funds opened new Caesars Entertainment positions in Q2 2018 and 18 closed out, a net change of +11 holders.
- The largest Caesars Entertainment buyer in Q2 2018 was BlackRock, an estimated $43.6M added.
- The largest Caesars Entertainment seller in Q2 2018 was PAR Capital Management, an estimated $84.7M sold.
Based on aggregated 13F filings for Q2 2018.