Caesars Entertainment
264 hedge funds and large institutions have $4.3B invested in Caesars Entertainment in 2020 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 92 increasing their positions, 65 reducing their positions, and 45 closing their positions.
297% more capital inflows, than outflows
Capital inflows: $1.15B | Capital outflows: $291M
156% more funds holding in top 10
Funds holding in top 10: 9 → 23 (+14)
102% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 45
61% more call options, than puts
Call options by funds: $406M | Put options by funds: $253M
42% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 65
20% more funds holding
Funds holding: 220 → 264 (+44)
9.96% more ownership
Funds ownership: 103.5% → 113.47% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$238M |
| 2 |
Cohen & Steers
New York
|
+$81.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$76.6M |
| 5 |
BlackRock
New York
|
+$75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$41.6M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$29.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$24.3M |
| 4 |
IP
Interval Partners
New York
|
-$19.8M |
| 5 |
Oaktree Capital Management
Los Angeles,
California
|
-$15.2M |
CZR Hedge Fund Activity: Q2 2020 in Review
264 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q2 2020, worth a combined $4.3B — up 271% from $1.16B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new CZR positions and 45 closed out — a net gain of 46 holders — while 92 added to existing stakes and 65 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $238M. The largest seller was HG Vora Capital Management, cutting an estimated $41.6M.
- 264 institutional investors held Caesars Entertainment (CZR) as of Q2 2020, up from 220 in Q1 2020.
- Funds reported $4.3B of Caesars Entertainment stock for Q2 2020, up 271% quarter-over-quarter.
- 91 funds opened new Caesars Entertainment positions in Q2 2020 and 45 closed out, a net change of +46 holders.
- The largest Caesars Entertainment buyer in Q2 2020 was Capital World Investors, an estimated $238M added.
- The largest Caesars Entertainment seller in Q2 2020 was HG Vora Capital Management, an estimated $41.6M sold.
Based on aggregated 13F filings for Q2 2020.