Las Vegas Sands
510 hedge funds and large institutions have $18B invested in Las Vegas Sands in 2014 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 163 increasing their positions, 203 reducing their positions, and 72 closing their positions.
3% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 72
0.51% less ownership
Funds ownership: 39.07% → 38.56% (-0.51%)
1% less funds holding
Funds holding: 517 → 510 (-7)
8% less capital invested
Capital invested by funds: $19.6B → $18B (-$1.61B)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
20% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 203
40% less call options, than puts
Call options by funds: $590M | Put options by funds: $980M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northern Cross
Boston,
Massachusetts
|
+$456M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$346M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$287M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$234M |
| 5 |
IC
Institutional Capital
Chicago,
Illinois
|
+$215M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$1.06B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$589M |
| 3 |
JP Morgan Chase
New York
|
-$271M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$266M |
| 5 |
Two Sigma Investments
New York
|
-$125M |
LVS Hedge Fund Activity: Q4 2014 in Review
510 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Las Vegas Sands (LVS) for Q4 2014, worth a combined $18B — down 8.2% from $19.6B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new LVS positions and 72 closed out — a net gain of 2 holders — while 163 added to existing stakes and 203 trimmed.
The largest buyer was Northern Cross, opening a new position worth an estimated $456M. The largest seller was Waddell & Reed Financial, cutting an estimated $1.06B.
- 510 institutional investors held Las Vegas Sands (LVS) as of Q4 2014, down from 517 in Q3 2014.
- Funds reported $18B of Las Vegas Sands stock for Q4 2014, down 8.2% quarter-over-quarter.
- 74 funds opened new Las Vegas Sands positions in Q4 2014 and 72 closed out, a net change of +2 holders.
- The largest Las Vegas Sands buyer in Q4 2014 was Northern Cross, an estimated $456M added.
- The largest Las Vegas Sands seller in Q4 2014 was Waddell & Reed Financial, an estimated $1.06B sold.
Based on aggregated 13F filings for Q4 2014.