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Caesars Entertainment

122 hedge funds and large institutions have $356M invested in Caesars Entertainment in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

198,800% more call options, than puts

Call options by funds: $3.98M | Put options by funds: $2K

24% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 34

10% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 20

9% more capital invested

Capital invested by funds: $327M → $356M (+$29.3M)

1% more funds holding

Funds holding: 121122 (+1)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
122
Holders Change
+1
Holders Change %
+0.83%
% of All Funds
3.26%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
22
Increased
42
Reduced
34
Closed
20
Calls
$3.98M
Puts
$2K
Net Calls
+$3.98M
Net Calls Change
+$2.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$65.6M +$16M +1,113,161 +31%
PWAM
2
Park West Asset Management
California
$42.7M +$14.3M +993,795 +49%
LCM
3
Lafitte Capital Management
Texas
$26.7M +$2.16M +150,000 +9%
Renaissance Technologies
4
Renaissance Technologies
New York
$16.2M +$1.43M +99,600 +9%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$14M +$13.9M +969,000 +3,547%
Millennium Management
6
Millennium Management
New York
$13.7M +$6.8M +473,114 +95%
Vanguard Group
7
Vanguard Group
Pennsylvania
$13.6M +$407K +28,312 +3%
BFA
8
BlackRock Fund Advisors
California
$11.2M +$731K +50,894 +7%
BIT
9
BlackRock Institutional Trust
California
$8.73M -$1.19M -82,815 -12%
State Street
10
State Street
Massachusetts
$6.74M +$115K +7,978 +2%
NCM
11
Nantahala Capital Management
Connecticut
$6.46M +$6.61M +459,793 New
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$6.38M
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$6.35M +$4.48M +311,570 +222%
SC
14
Shellback Capital
Massachusetts
$6.02M +$2.87M +200,000 +88%
DC
15
Davenport & Co
Virginia
$5.37M -$119K -8,258 -2%
PI
16
Putnam Investments
Massachusetts
$5.25M
PGC
17
Pacific Grove Capital
California
$5.05M -$798K -55,509 -13%
CAM
18
ClariVest Asset Management
California
$5M +$42.4K +2,952 +0.8%
EA
19
Emerald Acquisition
Washington
$4.54M -$468K -32,562 -9%
AQR Capital Management
20
AQR Capital Management
Connecticut
$4.5M +$1.82M +126,628 +65%
Two Sigma Investments
21
Two Sigma Investments
New York
$4.47M +$3.6M +250,463 +370%
Northern Trust
22
Northern Trust
Illinois
$4.25M -$122K -8,506 -3%
Allianz Asset Management
23
Allianz Asset Management
Germany
$4.24M -$890K -61,944 -17%
Fuller & Thaler Asset Management
24
Fuller & Thaler Asset Management
California
$3.79M -$111K -7,700 -3%
OAM
25
Oberweis Asset Management
Illinois
$3.71M -$380K -26,440 -9%

CZR Hedge Fund Activity: Q3 2016 in Review

122 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q3 2016, worth a combined $356M — up 8.9% from $327M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new CZR positions and 20 closed out — a net gain of 2 holders — while 42 added to existing stakes and 34 trimmed.

The largest buyer was PAR Capital Management, adding an estimated $16M. The largest seller was EAM Investors, exiting entirely with an estimated $4.36M sold.

  • 122 institutional investors held Caesars Entertainment (CZR) as of Q3 2016, up from 121 in Q2 2016.
  • Funds reported $356M of Caesars Entertainment stock for Q3 2016, up 8.9% quarter-over-quarter.
  • 22 funds opened new Caesars Entertainment positions in Q3 2016 and 20 closed out, a net change of +2 holders.
  • The largest Caesars Entertainment buyer in Q3 2016 was PAR Capital Management, an estimated $16M added.
  • The largest Caesars Entertainment seller in Q3 2016 was EAM Investors, an estimated $4.36M sold.

Based on aggregated 13F filings for Q3 2016.