Light & Wonder
LNW was delisted on the 12th of November, 2025.
172 hedge funds and large institutions have $1.17B invested in Light & Wonder in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 76 reducing their positions, and 20 closing their positions.
517% more call options, than puts
Call options by funds: $238M | Put options by funds: $38.6M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
1% less funds holding
Funds holding: 173 → 172 (-1)
3% less capital invested
Capital invested by funds: $1.2B → $1.17B (-$32.2M)
3.56% less ownership
Funds ownership: 65.04% → 61.47% (-3.6%)
39% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.87M |
| 2 |
SHCM
Stone House Capital Management
Bay Harbor Islands,
Florida
|
+$7.2M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$4.68M |
| 4 |
SCM
Stonehill Capital Management
New York
|
+$4.67M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$21.2M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$18.6M |
| 3 |
Goldman Sachs
New York
|
-$14.8M |
| 4 |
BlackRock
New York
|
-$7.44M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$6.8M |
LNW Hedge Fund Activity: Q3 2019 in Review
172 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q3 2019, worth a combined $1.17B — down 2.7% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new LNW positions and 20 closed out — a net gain of 1 holder — while 46 added to existing stakes and 76 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $7.87M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $21.2M sold.
- 172 institutional investors held Light & Wonder (LNW) as of Q3 2019, down from 173 in Q2 2019.
- Funds reported $1.17B of Light & Wonder stock for Q3 2019, down 2.7% quarter-over-quarter.
- 21 funds opened new Light & Wonder positions in Q3 2019 and 20 closed out, a net change of +1 holder.
- The largest Light & Wonder buyer in Q3 2019 was Arrowstreet Capital, an estimated $7.87M added.
- The largest Light & Wonder seller in Q3 2019 was Whale Rock Capital Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q3 2019.