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Caesars Entertainment

235 hedge funds and large institutions have $3.08B invested in Caesars Entertainment in 2019 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 71 increasing their positions, 92 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more call options, than puts

Call options by funds: $101M | Put options by funds: $97.4M

0.1% less ownership

Funds ownership: 11.48%11.39% (-0.1%)

7% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 46

2% less funds holding

Funds holding: 239235 (-4)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

14% less capital invested

Capital invested by funds: $3.57B → $3.08B (-$488M)

23% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 92

Holders
235
Holders Change
-4
Holders Change %
-1.67%
% of All Funds
5.15%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.35%
New
43
Increased
71
Reduced
92
Closed
46
Calls
$101M
Puts
$97.4M
Net Calls
+$3.88M
Net Calls Change
-$116M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$418M +$1.18M +27,907 +0.3%
BlackRock
2
BlackRock
New York
$382M +$18.3M +431,523 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$231M +$10.7M +251,512 +5%
HVCM
4
HG Vora Capital Management
New York
$229M +$53.1M +1,250,000 +28%
CCA
5
Canyon Capital Advisors
Texas
$205M +$203M +4,787,591 +1,399%
FCM
6
Frontier Capital Management
Massachusetts
$118M -$38.7M -912,496 -24%
PWAM
7
Park West Asset Management
California
$107M -$19.8M -466,273 -15%
SPC
8
Silver Point Capital
Connecticut
$89.7M +$16.4M +386,000 +21%
State Street
9
State Street
Massachusetts
$81.3M -$865K -20,380 -1%
LCM
10
Lafitte Capital Management
Texas
$62.9M
Westfield Capital Management
11
Westfield Capital Management
Massachusetts
$54.3M -$4.65M -109,592 -7%
BM
12
Bridger Management
New York
$51.6M +$5.99M +141,105 +12%
HCM
13
Highline Capital Management
New York
$46.5M -$15.9M -375,550 -24%
Northern Trust
14
Northern Trust
Illinois
$43.5M +$45.4K +1,070 +0.1%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$35M +$1.15M +27,193 +3%
Principal Financial Group
16
Principal Financial Group
Iowa
$34.6M -$166K -3,911 -0.4%
HRCM
17
Hood River Capital Management
Florida
$33.9M -$19.7M -463,968 -35%
Goldman Sachs
18
Goldman Sachs
New York
$33.8M -$22.3M -526,420 -38%
Victory Capital Management
19
Victory Capital Management
Texas
$33.4M +$2.25M +53,070 +7%
Nomura Holdings
20
Nomura Holdings
Japan
$30.8M +$32.7M +769,588 New
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$29.6M +$307K +7,233 +1%
SCM
22
SG Capital Management
Illinois
$28.4M +$30.2M +712,020 New
Bank of New York Mellon
23
Bank of New York Mellon
New York
$27.3M -$621K -14,620 -2%
PCM
24
Peregrine Capital Management
Minnesota
$26.4M +$857K +20,190 +3%
KCM
25
Kingdon Capital Management
New York
$26.1M -$3.18M -75,000 -10%

CZR Hedge Fund Activity: Q3 2019 in Review

235 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q3 2019, worth a combined $3.08B — down 14% from $3.57B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of CZR and 43 opened new positions — a net loss of 3 holders — while 92 trimmed existing stakes and 71 added.

The largest buyer was Canyon Capital Advisors, adding an estimated $203M. The largest seller was Wells Fargo, cutting an estimated $43.6M.

  • 235 institutional investors held Caesars Entertainment (CZR) as of Q3 2019, down from 239 in Q2 2019.
  • Funds reported $3.08B of Caesars Entertainment stock for Q3 2019, down 14% quarter-over-quarter.
  • 43 funds opened new Caesars Entertainment positions in Q3 2019 and 46 closed out, a net change of -3 holders.
  • The largest Caesars Entertainment buyer in Q3 2019 was Canyon Capital Advisors, an estimated $203M added.
  • The largest Caesars Entertainment seller in Q3 2019 was Wells Fargo, an estimated $43.6M sold.

Based on aggregated 13F filings for Q3 2019.