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LNW

Light & Wonder

Delisted

LNW was delisted on the 12th of November, 2025.

282 hedge funds and large institutions have $5.33B invested in Light & Wonder in 2025 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 89 increasing their positions, 117 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $35M | Put options by funds: $25.1M

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

4% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 47

4% more capital invested

Capital invested by funds: $5.14B → $5.33B (+$192M)

0% more funds holding

Funds holding: 281282 (+1)

4.6% less ownership

Funds ownership: 70.24%65.63% (-4.6%)

24% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 117

Holders
282
Holders Change
+1
Holders Change %
+0.36%
% of All Funds
3.71%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.12%
New
49
Increased
89
Reduced
117
Closed
47
Calls
$35M
Puts
$25.1M
Net Calls
+$9.96M
Net Calls Change
-$1.34M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$787M -$17.1M -199,956 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$784M -$2.37M -27,660 -0.3%
FCP
3
Fine Capital Partners
New York
$707M -$38M -443,395 -6%
State Street
4
State Street
Massachusetts
$245M -$16.4M -191,482 -7%
CPIH
5
Consolidated Press International Holdings
Australia
$219M +$195M +2,273,594 New
BAM
6
Burgundy Asset Management
Ontario, Canada
$157M +$4.96M +57,973 +4%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$156M -$4.88M -56,940 -3%
Bessemer Group
8
Bessemer Group
New Jersey
$141M -$8.76M -102,273 -7%
Capital Research Global Investors
9
Capital Research Global Investors
California
$133M +$2.98M +34,746 +3%
UBS Group
10
UBS Group
Switzerland
$123M +$43.6M +508,930 +67%
Norges Bank
11
Norges Bank
Norway
$99.4M -$2.49M -29,109 -3%
SHCM
12
Stone House Capital Management
Florida
$86.6M
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$85.7M -$949K -11,082 -1%
ClearBridge Investments
14
ClearBridge Investments
New York
$84.4M +$15.4M +179,354 +26%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$69.3M -$592K -6,915 -1%
Charles Schwab
16
Charles Schwab
California
$69.2M -$1.28M -14,915 -2%
CIA
17
Caledonia Investments (Australia)
Australia
$68M -$161M -1,885,005 -73%
Northern Trust
18
Northern Trust
Illinois
$66.1M -$1.99M -23,271 -3%
HMC
19
Harvard Management Company
Massachusetts
$59.8M -$37.5M -437,486 -41%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$55.6M -$469K -5,474 -0.9%
IG
21
ING Group
Netherlands
$54.4M -$1.53M -17,926 -3%
TAA
22
Turiya Advisors Asia
Hong Kong
$49.9M +$44.4M +518,500 New
Balyasny Asset Management
23
Balyasny Asset Management
Illinois
$46.9M +$27.9M +325,835 +203%
AQR Capital Management
24
AQR Capital Management
Connecticut
$46.5M +$12.2M +142,698 +42%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$45.3M +$6.42M +75,013 +19%

LNW Hedge Fund Activity: Q2 2025 in Review

282 of the 7,602 institutional investors tracked by Wall St. Rank reported a position in Light & Wonder (LNW) for Q2 2025, worth a combined $5.33B — up 3.7% from $5.14B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new LNW positions and 47 closed out — a net gain of 2 holders — while 89 added to existing stakes and 117 trimmed.

The largest buyer was Consolidated Press International Holdings, opening a new position worth an estimated $195M. The largest seller was Morgan Stanley, cutting an estimated $178M.

  • 282 institutional investors held Light & Wonder (LNW) as of Q2 2025, up from 281 in Q1 2025.
  • Funds reported $5.33B of Light & Wonder stock for Q2 2025, up 3.7% quarter-over-quarter.
  • 49 funds opened new Light & Wonder positions in Q2 2025 and 47 closed out, a net change of +2 holders.
  • The largest Light & Wonder buyer in Q2 2025 was Consolidated Press International Holdings, an estimated $195M added.
  • The largest Light & Wonder seller in Q2 2025 was Morgan Stanley, an estimated $178M sold.

Based on aggregated 13F filings for Q2 2025.