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LNW

Light & Wonder

Delisted

LNW was delisted on the 12th of November, 2025.

281 hedge funds and large institutions have $5.14B invested in Light & Wonder in 2025 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 94 increasing their positions, 94 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 42

51% more call options, than puts

Call options by funds: $33.4M | Put options by funds: $22.1M

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

8% more funds holding

Funds holding: 260281 (+21)

2.32% more ownership

Funds ownership: 67.92%70.24% (+2.3%)

0% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 94

1% less capital invested

Capital invested by funds: $5.18B → $5.14B (-$40.5M)

Holders
281
Holders Change
+21
Holders Change %
+8.08%
% of All Funds
3.77%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
64
Increased
94
Reduced
94
Closed
42
Calls
$33.4M
Puts
$22.1M
Net Calls
+$11.3M
Net Calls Change
-$13.6M
Name Holding Trade Value Shares
Change
Change in
Stake
WCM
26
Wedge Capital Management
North Carolina
$32.8M +$36.5M +379,200 New
CLGM
27
Capitolis Liquid Global Markets
New York
$29.4M
AQR Capital Management
28
AQR Capital Management
Connecticut
$29.2M -$27.4M -284,659 -46%
Arrowstreet Capital
29
Arrowstreet Capital
Massachusetts
$28.9M -$46.5M -482,613 -59%
BOTOTLSJU
30
Board of Trustees of The Leland Stanford Junior University
California
$23M
Goldman Sachs
31
Goldman Sachs
New York
$22.5M +$21M +217,589 +510%
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$21.5M -$313K -3,254 -1%
BPIA
33
Broad Peak Investment Advisers
Singapore
$21M +$23.3M +242,000 New
UBS AM
34
UBS AM
Illinois
$20.7M +$366K +3,804 +2%
Principal Financial Group
35
Principal Financial Group
Iowa
$17.7M -$75K -779 -0.4%
N
36
Nuveen
North Carolina
$17.4M -$319K -3,311 -2%
Jane Street
37
Jane Street
New York
$17.4M -$3.13M -32,515 -14%
Bank of America
38
Bank of America
North Carolina
$16.7M +$15.6M +161,570 +524%
Loomis, Sayles & Company
39
Loomis, Sayles & Company
Massachusetts
$16.2M -$413K -4,287 -2%
JP Morgan Chase
40
JP Morgan Chase
New York
$16.2M +$533K +5,535 +3%
ECM
41
Engine Capital Management
New York
$15.2M
Swiss National Bank
42
Swiss National Bank
Switzerland
$14.8M -$337K -3,500 -2%
PL
43
Perpetual Ltd
Australia
$14.6M -$8.82M -91,584 -35%
Balyasny Asset Management
44
Balyasny Asset Management
Illinois
$13.9M +$15.5M +160,885 New
Invesco
45
Invesco
Georgia
$13.1M -$42M -436,314 -74%
Legal & General Group
46
Legal & General Group
United Kingdom
$13.1M +$279K +2,896 +2%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$12.4M -$361K -3,748 -3%
SGAM
48
Smith Group Asset Management
Texas
$11.6M +$12.9M +133,678 New
Man Group
49
Man Group
United Kingdom
$11.5M +$11.7M +121,731 +1,118%
Citadel Advisors
50
Citadel Advisors
Florida
$11.1M -$4.05M -42,087 -25%

LNW Hedge Fund Activity: Q1 2025 in Review

281 of the 7,463 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q1 2025, worth a combined $5.14B — down 0.78% from $5.18B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new LNW positions and 42 closed out — a net gain of 22 holders — while 94 added to existing stakes and 94 trimmed.

The largest buyer was Bessemer Group, adding an estimated $115M. The largest seller was Arrowstreet Capital, cutting an estimated $46.5M.

  • 281 institutional investors held Light & Wonder (LNW) as of Q1 2025, up from 260 in Q4 2024.
  • Funds reported $5.14B of Light & Wonder stock for Q1 2025, down 0.78% quarter-over-quarter.
  • 64 funds opened new Light & Wonder positions in Q1 2025 and 42 closed out, a net change of +22 holders.
  • The largest Light & Wonder buyer in Q1 2025 was Bessemer Group, an estimated $115M added.
  • The largest Light & Wonder seller in Q1 2025 was Arrowstreet Capital, an estimated $46.5M sold.

Based on aggregated 13F filings for Q1 2025.