Light & Wonder
LNW was delisted on the 12th of November, 2025.
205 hedge funds and large institutions have $3.94B invested in Light & Wonder in 2022 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 79 reducing their positions, and 30 closing their positions.
160% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $13.2M
4.07% more ownership
Funds ownership: 93.55% → 97.62% (+4.1%)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
2% less funds holding
Funds holding: 209 → 205 (-4)
6% less capital invested
Capital invested by funds: $4.21B → $3.94B (-$267M)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
22% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$29.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$27.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$23.6M |
| 5 |
PIM
Perpetual Investment Management
Sydney,
Australia
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$36.7M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$34.3M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$20.6M |
| 4 |
Goldman Sachs
New York
|
-$12.7M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$12.2M |
LNW Hedge Fund Activity: Q3 2022 in Review
205 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q3 2022, worth a combined $3.94B — down 6.3% from $4.21B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of LNW and 28 opened new positions — a net loss of 2 holders — while 79 trimmed existing stakes and 62 added.
The largest buyer was Fidelity Investments, adding an estimated $61.6M. The largest seller was AllianceBernstein, cutting an estimated $36.7M.
- 205 institutional investors held Light & Wonder (LNW) as of Q3 2022, down from 209 in Q2 2022.
- Funds reported $3.94B of Light & Wonder stock for Q3 2022, down 6.3% quarter-over-quarter.
- 28 funds opened new Light & Wonder positions in Q3 2022 and 30 closed out, a net change of -2 holders.
- The largest Light & Wonder buyer in Q3 2022 was Fidelity Investments, an estimated $61.6M added.
- The largest Light & Wonder seller in Q3 2022 was AllianceBernstein, an estimated $36.7M sold.
Based on aggregated 13F filings for Q3 2022.