Dave & Buster's
PLAY
260 hedge funds and large institutions have $2.9B invested in Dave & Buster's in 2018 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 81 increasing their positions, 91 reducing their positions, and 32 closing their positions.
100% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 32
42% more capital invested
Capital invested by funds: $2.04B → $2.9B (+$858M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
14% more funds holding
Funds holding: 229 → 260 (+31)
3.84% more ownership
Funds ownership: 109.04% → 112.89% (+3.8%)
11% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 91
47% less call options, than puts
Call options by funds: $60.4M | Put options by funds: $114M
Top Buyers
| 1 |
Bank of New York Mellon
New York
|
+$68.9M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$48.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$37.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$22.7M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$20.5M |
Top Sellers
| 1 |
BlackRock
New York
|
-$68.3M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$37.7M |
| 3 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$19.2M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$15.7M |
| 5 |
Millennium Management
New York
|
-$15.2M |
PLAY Hedge Fund Activity: Q3 2018 in Review
260 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q3 2018, worth a combined $2.9B — up 42% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new PLAY positions and 32 closed out — a net gain of 32 holders — while 81 added to existing stakes and 91 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $68.9M. The largest seller was BlackRock, cutting an estimated $68.3M.
- 260 institutional investors held Dave & Buster's (PLAY) as of Q3 2018, up from 229 in Q2 2018.
- Funds reported $2.9B of Dave & Buster's stock for Q3 2018, up 42% quarter-over-quarter.
- 64 funds opened new Dave & Buster's positions in Q3 2018 and 32 closed out, a net change of +32 holders.
- The largest Dave & Buster's buyer in Q3 2018 was Bank of New York Mellon, an estimated $68.9M added.
- The largest Dave & Buster's seller in Q3 2018 was BlackRock, an estimated $68.3M sold.
Based on aggregated 13F filings for Q3 2018.