Light & Wonder
LNW was delisted on the 12th of November, 2025.
185 hedge funds and large institutions have $2.99B invested in Light & Wonder in 2020 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 60 increasing their positions, 63 reducing their positions, and 24 closing their positions.
550% more call options, than puts
Call options by funds: $279M | Put options by funds: $43M
241% more capital invested
Capital invested by funds: $879M → $2.99B (+$2.12B)
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
63% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 24
30.32% more ownership
Funds ownership: 60.33% → 90.65% (+30%)
8% more funds holding
Funds holding: 171 → 185 (+14)
5% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$201M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$179M |
| 3 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
+$57.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$53.3M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$46.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$31M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$12.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11.8M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$6.62M |
| 5 |
BlackRock
New York
|
-$6.23M |
LNW Hedge Fund Activity: Q3 2020 in Review
185 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q3 2020, worth a combined $2.99B — up 241% from $879M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new LNW positions and 24 closed out — a net gain of 15 holders — while 60 added to existing stakes and 63 trimmed.
The largest buyer was Caledonia Investments (Australia), opening a new position worth an estimated $201M. The largest seller was Millennium Management, cutting an estimated $31M.
- 185 institutional investors held Light & Wonder (LNW) as of Q3 2020, up from 171 in Q2 2020.
- Funds reported $2.99B of Light & Wonder stock for Q3 2020, up 241% quarter-over-quarter.
- 39 funds opened new Light & Wonder positions in Q3 2020 and 24 closed out, a net change of +15 holders.
- The largest Light & Wonder buyer in Q3 2020 was Caledonia Investments (Australia), an estimated $201M added.
- The largest Light & Wonder seller in Q3 2020 was Millennium Management, an estimated $31M sold.
Based on aggregated 13F filings for Q3 2020.