Light & Wonder
LNW was delisted on the 12th of November, 2025.
277 hedge funds and large institutions have $6.96B invested in Light & Wonder in 2024 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 90 increasing their positions, 100 reducing their positions, and 32 closing their positions.
82% more call options, than puts
Call options by funds: $27.5M | Put options by funds: $15.1M
47% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 32
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
5% more funds holding
Funds holding: 264 → 277 (+13)
6% less capital invested
Capital invested by funds: $7.42B → $6.96B (-$460M)
7.33% less ownership
Funds ownership: 81% → 73.67% (-7.3%)
10% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$48.8M |
| 2 |
Millennium Management
New York
|
+$47.1M |
| 3 |
Jane Street
New York
|
+$37.2M |
| 4 |
HF
HRT Financial
New York
|
+$30.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$228M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$116M |
| 3 |
Goldman Sachs
New York
|
-$99.8M |
| 4 |
State Street
Boston,
Massachusetts
|
-$54.5M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$47.6M |
LNW Hedge Fund Activity: Q2 2024 in Review
277 of the 6,929 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q2 2024, worth a combined $6.96B — down 6.2% from $7.42B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new LNW positions and 32 closed out — a net gain of 15 holders — while 90 added to existing stakes and 100 trimmed.
The largest buyer was Ninety One (UK), adding an estimated $48.8M. The largest seller was BlackRock, cutting an estimated $228M.
- 277 institutional investors held Light & Wonder (LNW) as of Q2 2024, up from 264 in Q1 2024.
- Funds reported $6.96B of Light & Wonder stock for Q2 2024, down 6.2% quarter-over-quarter.
- 47 funds opened new Light & Wonder positions in Q2 2024 and 32 closed out, a net change of +15 holders.
- The largest Light & Wonder buyer in Q2 2024 was Ninety One (UK), an estimated $48.8M added.
- The largest Light & Wonder seller in Q2 2024 was BlackRock, an estimated $228M sold.
Based on aggregated 13F filings for Q2 2024.