Light & Wonder
LNW was delisted on the 12th of November, 2025.
176 hedge funds and large institutions have $1.31B invested in Light & Wonder in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 13 closing their positions.
543% more call options, than puts
Call options by funds: $197M | Put options by funds: $30.7M
238% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 13
68% more capital invested
Capital invested by funds: $778M → $1.31B (+$530M)
17% more funds holding
Funds holding: 151 → 176 (+25)
5% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 57
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.67% less ownership
Funds ownership: 63.42% → 62.75% (-0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$118M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$19.1M |
| 4 |
Two Sigma Investments
New York
|
+$12.8M |
| 5 |
Renaissance Technologies
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$41.8M |
| 2 |
Morgan Stanley
New York
|
-$27.2M |
| 3 |
D.E. Shaw & Co
New York
|
-$25.7M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$19.8M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$18.7M |
LNW Hedge Fund Activity: Q1 2017 in Review
176 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q1 2017, worth a combined $1.31B — up 68% from $778M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new LNW positions and 13 closed out — a net gain of 31 holders — while 60 added to existing stakes and 57 trimmed.
The largest buyer was BlackRock, adding an estimated $118M. The largest seller was PAR Capital Management, exiting entirely with an estimated $41.8M sold.
- 176 institutional investors held Light & Wonder (LNW) as of Q1 2017, up from 151 in Q4 2016.
- Funds reported $1.31B of Light & Wonder stock for Q1 2017, up 68% quarter-over-quarter.
- 44 funds opened new Light & Wonder positions in Q1 2017 and 13 closed out, a net change of +31 holders.
- The largest Light & Wonder buyer in Q1 2017 was BlackRock, an estimated $118M added.
- The largest Light & Wonder seller in Q1 2017 was PAR Capital Management, an estimated $41.8M sold.
Based on aggregated 13F filings for Q1 2017.