Caesars Entertainment
CZR
487 hedge funds and large institutions have $9.75B invested in Caesars Entertainment in 2023 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 197 increasing their positions, 150 reducing their positions, and 64 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 150
11% more capital invested
Capital invested by funds: $8.77B → $9.75B (+$981M)
5% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 64
3% more call options, than puts
Call options by funds: $299M | Put options by funds: $291M
0% less funds holding
Funds holding: 489 → 487 (-2)
5.81% less ownership
Funds ownership: 98.64% → 92.83% (-5.8%)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$84.2M |
| 2 |
NTCM
Nut Tree Capital Management
New York
|
+$49M |
| 3 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$44.2M |
| 4 |
BAMCO Inc
New York
|
+$40.8M |
| 5 |
HVCM
HG Vora Capital Management
New York
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$319M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$189M |
| 3 |
PBCM
Point Break Capital Management
Miami,
Florida
|
-$106M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$76.8M |
| 5 |
Morgan Stanley
New York
|
-$48.9M |
CZR Hedge Fund Activity: Q1 2023 in Review
487 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q1 2023, worth a combined $9.75B — up 11% from $8.77B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new CZR positions and 64 closed out — a net gain of 3 holders — while 197 added to existing stakes and 150 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $84.2M. The largest seller was Goldman Sachs, cutting an estimated $319M.
- 487 institutional investors held Caesars Entertainment (CZR) as of Q1 2023, down from 489 in Q4 2022.
- Funds reported $9.75B of Caesars Entertainment stock for Q1 2023, up 11% quarter-over-quarter.
- 67 funds opened new Caesars Entertainment positions in Q1 2023 and 64 closed out, a net change of +3 holders.
- The largest Caesars Entertainment buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $84.2M added.
- The largest Caesars Entertainment seller in Q1 2023 was Goldman Sachs, an estimated $319M sold.
Based on aggregated 13F filings for Q1 2023.