Light & Wonder
LNW was delisted on the 12th of November, 2025.
184 hedge funds and large institutions have $1.55B invested in Light & Wonder in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 86 increasing their positions, 53 reducing their positions, and 55 closing their positions.
876% more call options, than puts
Call options by funds: $667M | Put options by funds: $68.3M
62% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 53
1.05% less ownership
Funds ownership: 67.77% → 66.72% (-1.1%)
16% less funds holding
Funds holding: 218 → 184 (-34)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
49% less capital invested
Capital invested by funds: $3.02B → $1.55B (-$1.47B)
58% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCP
Fine Capital Partners
New York
|
+$117M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.9M |
| 3 |
AC
Armistice Capital
New York
|
+$19.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$18.7M |
| 5 |
EAM
EastBay Asset Management
New York
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$79.3M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$56.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$46.6M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$31.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$30.7M |
LNW Hedge Fund Activity: Q3 2018 in Review
184 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q3 2018, worth a combined $1.55B — down 49% from $3.02B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of LNW and 23 opened new positions — a net loss of 32 holders — while 53 trimmed existing stakes and 86 added.
The largest buyer was Fine Capital Partners, adding an estimated $117M. The largest seller was Renaissance Technologies, cutting an estimated $79.3M.
- 184 institutional investors held Light & Wonder (LNW) as of Q3 2018, down from 218 in Q2 2018.
- Funds reported $1.55B of Light & Wonder stock for Q3 2018, down 49% quarter-over-quarter.
- 23 funds opened new Light & Wonder positions in Q3 2018 and 55 closed out, a net change of -32 holders.
- The largest Light & Wonder buyer in Q3 2018 was Fine Capital Partners, an estimated $117M added.
- The largest Light & Wonder seller in Q3 2018 was Renaissance Technologies, an estimated $79.3M sold.
Based on aggregated 13F filings for Q3 2018.