Caesars Entertainment
CZR
348 hedge funds and large institutions have $10.6B invested in Caesars Entertainment in 2020 Q3 according to their latest regulatory filings, with 132 funds opening new positions, 147 increasing their positions, 51 reducing their positions, and 47 closing their positions.
188% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 51
181% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 47
147% more capital invested
Capital invested by funds: $4.3B → $10.6B (+$6.33B)
97.17% more ownership
Funds ownership: 15.9% → 113.08% (+97%)
35% more funds holding in top 10
Funds holding in top 10: 23 → 31 (+8)
32% more funds holding
Funds holding: 264 → 348 (+84)
27% more call options, than puts
Call options by funds: $582M | Put options by funds: $457M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$572M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$411M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$294M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$235M |
| 5 |
PBCM
Point Break Capital Management
Miami,
Florida
|
+$150M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$60.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$39.4M |
| 3 |
Goldman Sachs
New York
|
-$29.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$28.1M |
| 5 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
-$24.7M |
CZR Hedge Fund Activity: Q3 2020 in Review
348 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q3 2020, worth a combined $10.6B — up 147% from $4.3B a quarter earlier.
Buyers outnumbered sellers: 132 funds opened new CZR positions and 47 closed out — a net gain of 85 holders — while 147 added to existing stakes and 51 trimmed.
The largest buyer was BlackRock, adding an estimated $572M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $60.1M sold.
- 348 institutional investors held Caesars Entertainment (CZR) as of Q3 2020, up from 264 in Q2 2020.
- Funds reported $10.6B of Caesars Entertainment stock for Q3 2020, up 147% quarter-over-quarter.
- 132 funds opened new Caesars Entertainment positions in Q3 2020 and 47 closed out, a net change of +85 holders.
- The largest Caesars Entertainment buyer in Q3 2020 was BlackRock, an estimated $572M added.
- The largest Caesars Entertainment seller in Q3 2020 was HG Vora Capital Management, an estimated $60.1M sold.
Based on aggregated 13F filings for Q3 2020.