Light & Wonder
LNW was delisted on the 12th of November, 2025.
145 hedge funds and large institutions have $647M invested in Light & Wonder in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 30 reducing their positions, and 27 closing their positions.
2,037% more call options, than puts
Call options by funds: $202M | Put options by funds: $9.46M
123% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 30
23% more capital invested
Capital invested by funds: $528M → $647M (+$119M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1% less funds holding
Funds holding: 146 → 145 (-1)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Wingspan Investment Management
New York
|
+$4.7M |
| 2 |
CA
Claar Advisors
New York
|
+$3.92M |
| 3 |
TCM
TCS Capital Management
New York
|
+$3.09M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$2.56M |
| 5 |
BCM
Brigade Capital Management
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$9.57M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$8.82M |
| 3 |
EAM
EastBay Asset Management
New York
|
-$8.62M |
| 4 |
FCP
Fine Capital Partners
New York
|
-$7.14M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.07M |
LNW Hedge Fund Activity: Q3 2016 in Review
145 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q3 2016, worth a combined $647M — up 23% from $528M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of LNW and 26 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 67 added.
The largest buyer was Wingspan Investment Management, adding an estimated $4.7M. The largest seller was PAR Capital Management, cutting an estimated $9.57M.
- 145 institutional investors held Light & Wonder (LNW) as of Q3 2016, down from 146 in Q2 2016.
- Funds reported $647M of Light & Wonder stock for Q3 2016, up 23% quarter-over-quarter.
- 26 funds opened new Light & Wonder positions in Q3 2016 and 27 closed out, a net change of -1 holder.
- The largest Light & Wonder buyer in Q3 2016 was Wingspan Investment Management, an estimated $4.7M added.
- The largest Light & Wonder seller in Q3 2016 was PAR Capital Management, an estimated $9.57M sold.
Based on aggregated 13F filings for Q3 2016.