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Caesars Entertainment

245 hedge funds and large institutions have $4.91B invested in Caesars Entertainment in 2019 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 89 increasing their positions, 82 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more call options, than puts

Call options by funds: $246M | Put options by funds: $106M

60% more capital invested

Capital invested by funds: $3.08B → $4.91B (+$1.83B)

44% more funds holding in top 10

Funds holding in top 10: 1623 (+7)

33% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 33

4% more funds holding

Funds holding: 235245 (+10)

9% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 82

0.71% more ownership

Funds ownership: 11.39%12.1% (+0.71%)

Holders
245
Holders Change
+10
Holders Change %
+4.26%
% of All Funds
4.83%
Holding in Top 10
23
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+43.75%
% of All Funds
0.45%
New
44
Increased
89
Reduced
82
Closed
33
Calls
$246M
Puts
$106M
Net Calls
+$140M
Net Calls Change
+$137M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$626M +$604K +12,190 +0.1%
BlackRock
2
BlackRock
New York
$574M +$2.07M +41,872 +0.4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$352M +$4.61M +93,020 +2%
CCA
4
Canyon Capital Advisors
Texas
$313M +$5.99M +120,889 +2%
FCM
5
Frontier Capital Management
Massachusetts
$216M +$32.6M +658,181 +22%
PBCM
6
Point Break Capital Management
Florida
$197M +$146M +2,951,054 +855%
HVCM
7
HG Vora Capital Management
New York
$149M -$161M -3,250,000 -57%
Westfield Capital Management
8
Westfield Capital Management
Massachusetts
$134M +$44M +888,446 +65%
Goldman Sachs
9
Goldman Sachs
New York
$128M +$64.6M +1,305,330 +154%
State Street
10
State Street
Massachusetts
$120M -$1.43M -28,912 -1%
SPC
11
Silver Point Capital
Connecticut
$95.4M -$32.2M -651,000 -29%
LCM
12
Lafitte Capital Management
Texas
$94.1M
Victory Capital Management
13
Victory Capital Management
Texas
$86.1M +$30M +605,520 +72%
BM
14
Bridger Management
New York
$70.2M -$5.77M -116,604 -9%
Citadel Advisors
15
Citadel Advisors
Florida
$66.7M +$39.3M +794,219 +245%
Northern Trust
16
Northern Trust
Illinois
$63.3M -$1.49M -30,014 -3%
PWAM
17
Park West Asset Management
California
$61.8M -$81.8M -1,651,867 -61%
CS
18
Credit Suisse
Switzerland
$61.7M +$19M +382,895 +59%
Point72 Asset Management
19
Point72 Asset Management
Connecticut
$59.7M +$47.3M +955,553 +2,123%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$54.2M +$1.58M +31,975 +4%
Principal Financial Group
21
Principal Financial Group
Iowa
$49.5M -$1.91M -38,583 -4%
Ameriprise
22
Ameriprise
Minnesota
$47.3M +$29M +585,524 +283%
HRCM
23
Hood River Capital Management
Florida
$46.9M -$3.26M -65,852 -8%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$42.8M +$1.64M +33,092 +5%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$40.6M -$3.05M -61,583 -8%

CZR Hedge Fund Activity: Q4 2019 in Review

245 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q4 2019, worth a combined $4.91B — up 60% from $3.08B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new CZR positions and 33 closed out — a net gain of 11 holders — while 89 added to existing stakes and 82 trimmed.

The largest buyer was Point Break Capital Management, adding an estimated $146M. The largest seller was HG Vora Capital Management, cutting an estimated $161M.

  • 245 institutional investors held Caesars Entertainment (CZR) as of Q4 2019, up from 235 in Q3 2019.
  • Funds reported $4.91B of Caesars Entertainment stock for Q4 2019, up 60% quarter-over-quarter.
  • 44 funds opened new Caesars Entertainment positions in Q4 2019 and 33 closed out, a net change of +11 holders.
  • The largest Caesars Entertainment buyer in Q4 2019 was Point Break Capital Management, an estimated $146M added.
  • The largest Caesars Entertainment seller in Q4 2019 was HG Vora Capital Management, an estimated $161M sold.

Based on aggregated 13F filings for Q4 2019.