Caesars Entertainment
218 hedge funds and large institutions have $2.5B invested in Caesars Entertainment in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 83 increasing their positions, 73 reducing their positions, and 35 closing their positions.
269% more call options, than puts
Call options by funds: $123M | Put options by funds: $33.2M
14% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 35
14% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 73
1% more funds holding
Funds holding: 215 → 218 (+3)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
0.62% less ownership
Funds ownership: 10.92% → 10.29% (-0.62%)
30% less capital invested
Capital invested by funds: $3.59B → $2.5B (-$1.09B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$43.6M |
| 2 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$26M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$25.1M |
| 4 |
1C
1060 Capital
Denver,
Colorado
|
+$22.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$191M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$61.7M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$41.6M |
| 4 |
Millennium Management
New York
|
-$40.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$28.4M |
CZR Hedge Fund Activity: Q4 2018 in Review
218 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q4 2018, worth a combined $2.5B — down 30% from $3.59B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CZR positions and 35 closed out — a net gain of 5 holders — while 83 added to existing stakes and 73 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $43.6M. The largest seller was PAR Capital Management, exiting entirely with an estimated $191M sold.
- 218 institutional investors held Caesars Entertainment (CZR) as of Q4 2018, up from 215 in Q3 2018.
- Funds reported $2.5B of Caesars Entertainment stock for Q4 2018, down 30% quarter-over-quarter.
- 40 funds opened new Caesars Entertainment positions in Q4 2018 and 35 closed out, a net change of +5 holders.
- The largest Caesars Entertainment buyer in Q4 2018 was Frontier Capital Management, an estimated $43.6M added.
- The largest Caesars Entertainment seller in Q4 2018 was PAR Capital Management, an estimated $191M sold.
Based on aggregated 13F filings for Q4 2018.