Caesars Entertainment
121 hedge funds and large institutions have $327M invested in Caesars Entertainment in 2016 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 20 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
31% more capital invested
Capital invested by funds: $250M → $327M (+$77.6M)
7% more funds holding
Funds holding: 113 → 121 (+8)
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.01M |
| 2 |
PGC
Pacific Grove Capital
San Francisco,
California
|
+$5.68M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$4.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.83M |
| 5 |
BPIM
Brant Point Investment Management
New York
|
+$3.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$10.6M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$9.15M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$6.71M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.91M |
| 5 |
Two Sigma Investments
New York
|
-$2.62M |
CZR Hedge Fund Activity: Q2 2016 in Review
121 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q2 2016, worth a combined $327M — up 31% from $250M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CZR positions and 20 closed out — a net gain of 9 holders — while 33 added to existing stakes and 38 trimmed.
The largest buyer was Millennium Management, adding an estimated $6.01M. The largest seller was Lafitte Capital Management, cutting an estimated $10.6M.
- 121 institutional investors held Caesars Entertainment (CZR) as of Q2 2016, up from 113 in Q1 2016.
- Funds reported $327M of Caesars Entertainment stock for Q2 2016, up 31% quarter-over-quarter.
- 29 funds opened new Caesars Entertainment positions in Q2 2016 and 20 closed out, a net change of +9 holders.
- The largest Caesars Entertainment buyer in Q2 2016 was Millennium Management, an estimated $6.01M added.
- The largest Caesars Entertainment seller in Q2 2016 was Lafitte Capital Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2016.