Light & Wonder
LNW was delisted on the 12th of November, 2025.
209 hedge funds and large institutions have $4.21B invested in Light & Wonder in 2022 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 66 increasing their positions, 80 reducing their positions, and 39 closing their positions.
55% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $14.4M
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
1.87% more ownership
Funds ownership: 91.67% → 93.55% (+1.9%)
8% less funds holding
Funds holding: 226 → 209 (-17)
18% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 80
19% less capital invested
Capital invested by funds: $5.21B → $4.21B (-$1B)
31% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$96.6M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$57.9M |
| 3 |
N
Natixis
Paris,
France
|
+$50.3M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$41.5M |
| 5 |
Morgan Stanley
New York
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$50.3M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$48.6M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$35.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$24.5M |
| 5 |
SCM
Simcoe Capital Management
New York
|
-$20.8M |
LNW Hedge Fund Activity: Q2 2022 in Review
209 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q2 2022, worth a combined $4.21B — down 19% from $5.21B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of LNW and 27 opened new positions — a net loss of 12 holders — while 80 trimmed existing stakes and 66 added.
The largest buyer was Fidelity Investments, adding an estimated $96.6M. The largest seller was Caledonia Investments (Australia), cutting an estimated $50.3M.
- 209 institutional investors held Light & Wonder (LNW) as of Q2 2022, down from 226 in Q1 2022.
- Funds reported $4.21B of Light & Wonder stock for Q2 2022, down 19% quarter-over-quarter.
- 27 funds opened new Light & Wonder positions in Q2 2022 and 39 closed out, a net change of -12 holders.
- The largest Light & Wonder buyer in Q2 2022 was Fidelity Investments, an estimated $96.6M added.
- The largest Light & Wonder seller in Q2 2022 was Caledonia Investments (Australia), an estimated $50.3M sold.
Based on aggregated 13F filings for Q2 2022.