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Caesars Entertainment

141 hedge funds and large institutions have $1.6B invested in Caesars Entertainment in 2017 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 54 increasing their positions, 43 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

184% more call options, than puts

Call options by funds: $7.52M | Put options by funds: $2.65M

50% more capital invested

Capital invested by funds: $1.06B → $1.6B (+$536M)

26% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 43

6.13% more ownership

Funds ownership: 35.72%41.85% (+6.1%)

0% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 25

1% less funds holding

Funds holding: 142141 (-1)

Holders
141
Holders Change
-1
Holders Change %
-0.7%
% of All Funds
3.52%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.15%
New
25
Increased
54
Reduced
43
Closed
25
Calls
$7.52M
Puts
$2.65M
Net Calls
+$4.87M
Net Calls Change
+$3.46M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$192M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$88.3M +$1.19M +53,524 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$86.1M +$31.1M +1,399,893 +72%
HCM
4
Highline Capital Management
New York
$85.8M +$1.22M +55,000 +2%
BlackRock
5
BlackRock
New York
$78.4M +$8.4M +377,906 +14%
BM
6
Bridger Management
New York
$69.1M
Balyasny Asset Management
7
Balyasny Asset Management
Illinois
$65.1M +$51.9M +2,337,215 +1,168%
Millennium Management
8
Millennium Management
New York
$59.2M +$28.7M +1,289,698 +127%
PWAM
9
Park West Asset Management
California
$56.5M +$1.12M +50,205 +2%
SAM
10
Scopus Asset Management
New York
$52.6M +$13.6M +611,158 +42%
Renaissance Technologies
11
Renaissance Technologies
New York
$43.7M -$15.9M -717,400 -30%
Westfield Capital Management
12
Westfield Capital Management
Massachusetts
$43.3M -$10.2M -458,563 -21%
PCM
13
Peregrine Capital Management
Minnesota
$40.6M +$19.9M +895,489 +130%
LCM
14
Lafitte Capital Management
Texas
$39.8M +$1.11M +50,000 +3%
Principal Financial Group
15
Principal Financial Group
Iowa
$28.5M -$1.15M -51,952 -4%
RAM
16
RWC Asset Management
United Kingdom
$28.2M -$1.11M -50,000 -4%
VNIM
17
Vaughan Nelson Investment Management
Texas
$26.2M +$22.7M +1,021,875 New
SC
18
Shellback Capital
Massachusetts
$25.7M +$2.51M +112,867 +13%
HRCM
19
Hood River Capital Management
Florida
$25.6M +$22.1M +996,573 New
EIP
20
Epoch Investment Partners
New York
$24.2M +$10.8M +486,835 +106%
State Street
21
State Street
Massachusetts
$21.8M +$496K +22,302 +3%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$18.7M +$216K +9,731 +1%
Two Sigma Investments
23
Two Sigma Investments
New York
$18.7M +$5.49M +247,192 +51%
JGC
24
J. Goldman & Co
New York
$18.1M -$8.03M -361,188 -34%
IECM
25
Intrinsic Edge Capital Management
Illinois
$16.7M +$14.5M +652,511 New

CZR Hedge Fund Activity: Q3 2017 in Review

141 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q3 2017, worth a combined $1.6B — up 50% from $1.06B a quarter earlier.

Fund positioning in CZR was balanced in Q3 2017: 25 funds opened new positions, 25 closed out, 54 added to existing stakes and 43 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $51.9M. The largest seller was Three Bays Capital, exiting entirely with an estimated $22M sold.

  • 141 institutional investors held Caesars Entertainment (CZR) as of Q3 2017, down from 142 in Q2 2017.
  • Funds reported $1.6B of Caesars Entertainment stock for Q3 2017, up 50% quarter-over-quarter.
  • 25 funds opened new Caesars Entertainment positions in Q3 2017 and 25 closed out, a net change of 0 holders.
  • The largest Caesars Entertainment buyer in Q3 2017 was Balyasny Asset Management, an estimated $51.9M added.
  • The largest Caesars Entertainment seller in Q3 2017 was Three Bays Capital, an estimated $22M sold.

Based on aggregated 13F filings for Q3 2017.