Light & Wonder
LNW was delisted on the 12th of November, 2025.
189 hedge funds and large institutions have $2.42B invested in Light & Wonder in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 61 increasing their positions, 84 reducing their positions, and 33 closing their positions.
835% more call options, than puts
Call options by funds: $471M | Put options by funds: $50.3M
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
1% less funds holding
Funds holding: 191 → 189 (-2)
1.64% less ownership
Funds ownership: 66.16% → 64.52% (-1.6%)
21% less capital invested
Capital invested by funds: $3.04B → $2.42B (-$628M)
27% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 84
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCP
Fine Capital Partners
New York
|
+$60.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$47M |
| 3 |
EAM
EastBay Asset Management
New York
|
+$32.1M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$30.5M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$93.6M |
| 2 |
BlackRock
New York
|
-$42.1M |
| 3 |
HT
HAP Trading
New York
|
-$34.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$33.8M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$18.1M |
LNW Hedge Fund Activity: Q1 2018 in Review
189 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q1 2018, worth a combined $2.42B — down 21% from $3.04B a quarter earlier.
Fund positioning in LNW was balanced in Q1 2018: 33 funds opened new positions, 33 closed out, 61 added to existing stakes and 84 trimmed.
The largest buyer was Fine Capital Partners, adding an estimated $60.6M. The largest seller was Royal Bank of Canada, cutting an estimated $93.6M.
- 189 institutional investors held Light & Wonder (LNW) as of Q1 2018, down from 191 in Q4 2017.
- Funds reported $2.42B of Light & Wonder stock for Q1 2018, down 21% quarter-over-quarter.
- 33 funds opened new Light & Wonder positions in Q1 2018 and 33 closed out, a net change of 0 holders.
- The largest Light & Wonder buyer in Q1 2018 was Fine Capital Partners, an estimated $60.6M added.
- The largest Light & Wonder seller in Q1 2018 was Royal Bank of Canada, an estimated $93.6M sold.
Based on aggregated 13F filings for Q1 2018.