Caesars Entertainment
239 hedge funds and large institutions have $3.57B invested in Caesars Entertainment in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 96 increasing their positions, 64 reducing their positions, and 36 closing their positions.
250% more call options, than puts
Call options by funds: $168M | Put options by funds: $48.1M
64% more funds holding in top 10
Funds holding in top 10: 11 → 18 (+7)
50% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 64
39% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 36
14% more capital invested
Capital invested by funds: $3.13B → $3.57B (+$440M)
4% more funds holding
Funds holding: 229 → 239 (+10)
1.5% more ownership
Funds ownership: 9.98% → 11.48% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$221M |
| 2 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
+$91.4M |
| 3 |
BlackRock
New York
|
+$87.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$38.7M |
| 5 |
IP
Interval Partners
New York
|
+$36.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$29.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$29.6M |
| 3 |
Goldman Sachs
New York
|
-$17.1M |
| 4 |
WCP
Waterfront Capital Partners
New York
|
-$16.6M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$15.6M |
CZR Hedge Fund Activity: Q2 2019 in Review
239 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q2 2019, worth a combined $3.57B — up 14% from $3.13B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CZR positions and 36 closed out — a net gain of 14 holders — while 96 added to existing stakes and 64 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $221M. The largest seller was Victory Capital Management, cutting an estimated $29.9M.
- 239 institutional investors held Caesars Entertainment (CZR) as of Q2 2019, up from 229 in Q1 2019.
- Funds reported $3.57B of Caesars Entertainment stock for Q2 2019, up 14% quarter-over-quarter.
- 50 funds opened new Caesars Entertainment positions in Q2 2019 and 36 closed out, a net change of +14 holders.
- The largest Caesars Entertainment buyer in Q2 2019 was HG Vora Capital Management, an estimated $221M added.
- The largest Caesars Entertainment seller in Q2 2019 was Victory Capital Management, an estimated $29.9M sold.
Based on aggregated 13F filings for Q2 2019.