Light & Wonder
LNW was delisted on the 12th of November, 2025.
226 hedge funds and large institutions have $5.21B invested in Light & Wonder in 2022 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 65 increasing their positions, 83 reducing their positions, and 24 closing their positions.
185% more call options, than puts
Call options by funds: $151M | Put options by funds: $52.9M
63% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 24
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
7% more funds holding
Funds holding: 211 → 226 (+15)
2.8% less ownership
Funds ownership: 94.47% → 91.67% (-2.8%)
15% less capital invested
Capital invested by funds: $6.09B → $5.21B (-$886M)
22% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$68.7M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$63.6M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$30.6M |
| 4 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
+$26.6M |
| 5 |
SCM
Simcoe Capital Management
New York
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$97.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$48M |
| 3 |
Morgan Stanley
New York
|
-$46.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$43.6M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$43.2M |
LNW Hedge Fund Activity: Q1 2022 in Review
226 of the 6,361 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q1 2022, worth a combined $5.21B — down 15% from $6.09B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new LNW positions and 24 closed out — a net gain of 15 holders — while 65 added to existing stakes and 83 trimmed.
The largest buyer was UBS AM, adding an estimated $68.7M. The largest seller was UBS Group, cutting an estimated $97.5M.
- 226 institutional investors held Light & Wonder (LNW) as of Q1 2022, up from 211 in Q4 2021.
- Funds reported $5.21B of Light & Wonder stock for Q1 2022, down 15% quarter-over-quarter.
- 39 funds opened new Light & Wonder positions in Q1 2022 and 24 closed out, a net change of +15 holders.
- The largest Light & Wonder buyer in Q1 2022 was UBS AM, an estimated $68.7M added.
- The largest Light & Wonder seller in Q1 2022 was UBS Group, an estimated $97.5M sold.
Based on aggregated 13F filings for Q1 2022.