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Caesars Entertainment

66 hedge funds and large institutions have $121M invested in Caesars Entertainment in 2015 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

480% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 5

79% more capital invested

Capital invested by funds: $67.6M → $121M (+$53.2M)

57% more funds holding

Funds holding: 4266 (+24)

13% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 15

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
66
Holders Change
+24
Holders Change %
+57.14%
% of All Funds
1.78%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
29
Increased
17
Reduced
15
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$29.5M -$187K -25,200 -0.7%
LCM
2
Lafitte Capital Management
Texas
$18.8M -$436K -58,820 -2%
PWAM
3
Park West Asset Management
California
$11M +$8.68M +1,171,364 +491%
BIT
4
BlackRock Institutional Trust
California
$7.4M +$3.46M +466,343 +97%
Vanguard Group
5
Vanguard Group
Pennsylvania
$6.19M +$454K +61,318 +8%
BFA
6
BlackRock Fund Advisors
California
$5.7M +$5.4M +728,564 New
Renaissance Technologies
7
Renaissance Technologies
New York
$4.26M +$1.07M +144,000 +36%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$4.01M -$730K -98,461 -16%
BCM
9
Brigade Capital Management
New York
$2.82M -$10.3M -1,391,061 -79%
PCM
10
Penn Capital Management
Pennsylvania
$2.76M +$443K +59,825 +20%
Fuller & Thaler Asset Management
11
Fuller & Thaler Asset Management
California
$2.72M +$2.58M +347,885 New
SCM
12
SG Capital Management
Illinois
$2.33M +$2.21M +298,106 New
EI
13
EAM Investors
California
$2.31M +$2.19M +294,933 New
RFC
14
Russell Frank Company
Washington
$2.19M +$1.29M +173,707 +164%
State Street
15
State Street
Massachusetts
$1.75M +$1.65M +223,129 New
Morgan Stanley
16
Morgan Stanley
New York
$1.74M +$517K +69,807 +46%
Bank of America
17
Bank of America
North Carolina
$1.24M -$441K -59,464 -27%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$1.21M +$380K +51,309 +49%
TA
19
Teton Advisors
New York
$978K
Bank of New York Mellon
20
Bank of New York Mellon
New York
$859K +$597K +80,550 +274%
BIM
21
BlackRock Investment Management
Delaware
$845K +$801K +108,091 New
EAM
22
Eagle Asset Management
Florida
$710K
TCIM
23
TIAA CREF Investment Management
New York
$670K +$635K +85,663 New
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$568K
MCM
25
Mork Capital Management
California
$525K -$95.1K -12,836 -16%

CZR Hedge Fund Activity: Q2 2015 in Review

66 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q2 2015, worth a combined $121M — up 79% from $67.6M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new CZR positions and 5 closed out — a net gain of 24 holders — while 17 added to existing stakes and 15 trimmed.

The largest buyer was Park West Asset Management, adding an estimated $8.68M. The largest seller was Brigade Capital Management, cutting an estimated $10.3M.

  • 66 institutional investors held Caesars Entertainment (CZR) as of Q2 2015, up from 42 in Q1 2015.
  • Funds reported $121M of Caesars Entertainment stock for Q2 2015, up 79% quarter-over-quarter.
  • 29 funds opened new Caesars Entertainment positions in Q2 2015 and 5 closed out, a net change of +24 holders.
  • The largest Caesars Entertainment buyer in Q2 2015 was Park West Asset Management, an estimated $8.68M added.
  • The largest Caesars Entertainment seller in Q2 2015 was Brigade Capital Management, an estimated $10.3M sold.

Based on aggregated 13F filings for Q2 2015.