Light & Wonder
LNW was delisted on the 12th of November, 2025.
192 hedge funds and large institutions have $1.55B invested in Light & Wonder in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 67 increasing their positions, 64 reducing their positions, and 13 closing their positions.
742% more call options, than puts
Call options by funds: $316M | Put options by funds: $37.6M
154% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 13
33% more capital invested
Capital invested by funds: $1.17B → $1.55B (+$385M)
12% more funds holding
Funds holding: 172 → 192 (+20)
5% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 64
0.79% more ownership
Funds ownership: 61.47% → 62.26% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$18M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$14.7M |
| 3 |
Two Sigma Investments
New York
|
+$9.13M |
| 4 |
Goldman Sachs
New York
|
+$7.81M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10.1M |
| 3 |
GC
Greenlight Capital
New York
|
-$9.47M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$9.29M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIT
201
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$45K | -2,200 | Closed |
|
|
AM
202
Atwater Malick
Lancaster,
Pennsylvania
| – | -$31K | -1,500 | Closed |
|
203
Rockefeller Capital Management
New York
| – | +$129 | +5 | New |
|
LNW Hedge Fund Activity: Q4 2019 in Review
192 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q4 2019, worth a combined $1.55B — up 33% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new LNW positions and 13 closed out — a net gain of 20 holders — while 67 added to existing stakes and 64 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $18M. The largest seller was Millennium Management, cutting an estimated $18.7M.
- 192 institutional investors held Light & Wonder (LNW) as of Q4 2019, up from 172 in Q3 2019.
- Funds reported $1.55B of Light & Wonder stock for Q4 2019, up 33% quarter-over-quarter.
- 33 funds opened new Light & Wonder positions in Q4 2019 and 13 closed out, a net change of +20 holders.
- The largest Light & Wonder buyer in Q4 2019 was Arrowstreet Capital, an estimated $18M added.
- The largest Light & Wonder seller in Q4 2019 was Millennium Management, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2019.