Las Vegas Sands
448 hedge funds and large institutions have $13.3B invested in Las Vegas Sands in 2016 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 190 increasing their positions, 143 reducing their positions, and 83 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 143
0.58% less ownership
Funds ownership: 39.13% → 38.55% (-0.58%)
7% less funds holding
Funds holding: 483 → 448 (-35)
16% less capital invested
Capital invested by funds: $15.8B → $13.3B (-$2.49B)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
37% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 83
39% less call options, than puts
Call options by funds: $277M | Put options by funds: $453M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northern Cross
Boston,
Massachusetts
|
+$99.6M |
| 2 |
O
OppenheimerFunds
New York
|
+$92.2M |
| 3 |
NA
Newport Asia
San Francisco,
California
|
+$62.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$62.4M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$53.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$338M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
-$72.9M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$70.3M |
| 4 |
FAM
Fred Alger Management
New York
|
-$53.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.6M |
LVS Hedge Fund Activity: Q2 2016 in Review
448 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Las Vegas Sands (LVS) for Q2 2016, worth a combined $13.3B — down 16% from $15.8B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of LVS and 52 opened new positions — a net loss of 31 holders — while 143 trimmed existing stakes and 190 added.
The largest buyer was Northern Cross, adding an estimated $99.6M. The largest seller was Davis Selected Advisers, exiting entirely with an estimated $338M sold.
- 448 institutional investors held Las Vegas Sands (LVS) as of Q2 2016, down from 483 in Q1 2016.
- Funds reported $13.3B of Las Vegas Sands stock for Q2 2016, down 16% quarter-over-quarter.
- 52 funds opened new Las Vegas Sands positions in Q2 2016 and 83 closed out, a net change of -31 holders.
- The largest Las Vegas Sands buyer in Q2 2016 was Northern Cross, an estimated $99.6M added.
- The largest Las Vegas Sands seller in Q2 2016 was Davis Selected Advisers, an estimated $338M sold.
Based on aggregated 13F filings for Q2 2016.