Light & Wonder
LNW was delisted on the 12th of November, 2025.
191 hedge funds and large institutions have $3.04B invested in Light & Wonder in 2017 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 65 increasing their positions, 82 reducing their positions, and 21 closing their positions.
1,089% more call options, than puts
Call options by funds: $426M | Put options by funds: $35.8M
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
15% more capital invested
Capital invested by funds: $2.64B → $3.04B (+$400M)
4% more funds holding
Funds holding: 183 → 191 (+8)
1.86% more ownership
Funds ownership: 64.3% → 66.16% (+1.9%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
21% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$98.2M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$30.7M |
| 3 |
Renaissance Technologies
New York
|
+$20.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$7.78M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$6.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
EastBay Asset Management
New York
|
-$46.3M |
| 2 |
FCP
Fine Capital Partners
New York
|
-$37.3M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$24.4M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$13.9M |
| 5 |
Two Sigma Investments
New York
|
-$13.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VI
201
Versor Investments
New York
| – | -$637K | -13,900 | Closed |
|
202
Tudor Investment Corp
Stamford,
Connecticut
| – | -$479K | -10,441 | Closed |
|
|
BCM
203
Bayesian Capital Management
Brooklyn,
New York
| – | -$394K | -8,600 | Closed |
|
|
GIA
204
Gargoyle Investment Advisor
Englewood,
New Jersey
| – | -$387K | -8,447 | Closed |
|
|
SFM
205
Systematic Financial Management
Teaneck,
New Jersey
| – | -$365K | -7,970 | Closed |
|
|
N
206
Natixis
Paris,
France
| – | -$343K | -7,491 | Closed |
|
|
DTL
207
Dynamic Technology Lab
Singapore
| – | -$284K | -6,184 | Closed |
|
|
OAM
208
Oppenheimer Asset Management
New York
| – | -$159K | -3,463 | Closed |
|
|
RA
209
Rational Advisors
Huntington,
New York
| – | -$80K | -1,750 | Closed |
|
|
SPIA
210
Steward Partners Investment Advisory
New York
| – | -$13K | -300 | Closed |
|
|
LWA
211
Lenox Wealth Advisors
New York
| – | -$4K | -93 | Closed |
|
|
MAM
212
Meeder Asset Management
Dublin,
Ohio
| – | +$49 | +1 | New |
|
LNW Hedge Fund Activity: Q4 2017 in Review
191 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q4 2017, worth a combined $3.04B — up 15% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new LNW positions and 21 closed out — a net gain of 9 holders — while 65 added to existing stakes and 82 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $98.2M. The largest seller was EastBay Asset Management, cutting an estimated $46.3M.
- 191 institutional investors held Light & Wonder (LNW) as of Q4 2017, up from 183 in Q3 2017.
- Funds reported $3.04B of Light & Wonder stock for Q4 2017, up 15% quarter-over-quarter.
- 30 funds opened new Light & Wonder positions in Q4 2017 and 21 closed out, a net change of +9 holders.
- The largest Light & Wonder buyer in Q4 2017 was Royal Bank of Canada, an estimated $98.2M added.
- The largest Light & Wonder seller in Q4 2017 was EastBay Asset Management, an estimated $46.3M sold.
Based on aggregated 13F filings for Q4 2017.