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Caesars Entertainment

169 hedge funds and large institutions have $2.16B invested in Caesars Entertainment in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 49 increasing their positions, 62 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,913% more call options, than puts

Call options by funds: $24.1M | Put options by funds: $480K

181% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 16

117% more funds holding in top 10

Funds holding in top 10: 613 (+7)

35% more capital invested

Capital invested by funds: $1.6B → $2.16B (+$557M)

20% more funds holding

Funds holding: 141169 (+28)

21% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 62

32.59% less ownership

Funds ownership: 41.85%9.25% (-33%)

Holders
169
Holders Change
+28
Holders Change %
+19.86%
% of All Funds
3.83%
Holding in Top 10
13
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+116.67%
% of All Funds
0.29%
New
45
Increased
49
Reduced
62
Closed
16
Calls
$24.1M
Puts
$480K
Net Calls
+$23.6M
Net Calls Change
+$18.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$248M +$117M +4,034,871 +117%
PCM
2
PAR Capital Management
Massachusetts
$248M
Vanguard Group
3
Vanguard Group
Pennsylvania
$146M +$30.3M +1,042,488 +31%
HCM
4
Highline Capital Management
New York
$111M +$34.2K +1,178 +0%
BlackRock
5
BlackRock
New York
$104M +$2.21M +76,172 +2%
BM
6
Bridger Management
New York
$82.5M -$6.02M -207,105 -8%
SAM
7
Scopus Asset Management
New York
$64.6M -$2.9M -100,000 -5%
PWAM
8
Park West Asset Management
California
$58.1M -$13.1M -449,395 -20%
LCM
9
Lafitte Capital Management
Texas
$51.5M
HRCM
10
Hood River Capital Management
Florida
$50.7M +$15.5M +533,078 +53%
Millennium Management
11
Millennium Management
New York
$49M -$24.1M -829,440 -36%
Westfield Capital Management
12
Westfield Capital Management
Massachusetts
$43.7M -$10.7M -369,820 -22%
Goldman Sachs
13
Goldman Sachs
New York
$43.6M +$35.8M +1,231,643 +1,470%
Balyasny Asset Management
14
Balyasny Asset Management
Illinois
$43.4M -$35.7M -1,229,093 -48%
PCM
15
Peregrine Capital Management
Minnesota
$41.9M -$9.32M -320,924 -20%
SC
16
Shellback Capital
Massachusetts
$37.3M +$3.57M +123,000 +12%
VNIM
17
Vaughan Nelson Investment Management
Texas
$33.4M -$379K -13,050 -1%
EIP
18
Epoch Investment Partners
New York
$31.4M +$46K +1,585 +0.2%
Principal Financial Group
19
Principal Financial Group
Iowa
$31M -$5.15M -177,297 -16%
VOYA Investment Management
20
VOYA Investment Management
Georgia
$30.2M +$25.9M +889,941 +4,145%
State Street
21
State Street
Massachusetts
$29.8M +$1.47M +50,713 +6%
RAM
22
RWC Asset Management
United Kingdom
$26.5M -$8.71M -300,000 -27%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$24.2M +$44.4K +1,527 +0.2%
Victory Capital Management
24
Victory Capital Management
Texas
$23.4M +$20.5M +704,690 New
Two Sigma Advisers
25
Two Sigma Advisers
New York
$22.3M +$6.2M +213,567 +47%

CZR Hedge Fund Activity: Q4 2017 in Review

169 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q4 2017, worth a combined $2.16B — up 35% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new CZR positions and 16 closed out — a net gain of 29 holders — while 49 added to existing stakes and 62 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $117M. The largest seller was Balyasny Asset Management, cutting an estimated $35.7M.

  • 169 institutional investors held Caesars Entertainment (CZR) as of Q4 2017, up from 141 in Q3 2017.
  • Funds reported $2.16B of Caesars Entertainment stock for Q4 2017, up 35% quarter-over-quarter.
  • 45 funds opened new Caesars Entertainment positions in Q4 2017 and 16 closed out, a net change of +29 holders.
  • The largest Caesars Entertainment buyer in Q4 2017 was Fidelity Investments, an estimated $117M added.
  • The largest Caesars Entertainment seller in Q4 2017 was Balyasny Asset Management, an estimated $35.7M sold.

Based on aggregated 13F filings for Q4 2017.