Dave & Buster's
PLAY
87 hedge funds and large institutions have $1.2B invested in Dave & Buster's in 2015 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 10 closing their positions.
270% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 10
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more funds holding
Funds holding: 60 → 87 (+27)
15% more capital invested
Capital invested by funds: $1.05B → $1.2B (+$156M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$45.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.9M |
| 3 |
CCI
Columbus Circle Investors
|
+$15M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$14.7M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHCM
Oak Hill Capital Management
New York
|
-$199M |
| 2 |
TA
Teachers Advisors
New York
|
-$108M |
| 3 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$9.86M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.72M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$3.82M |
PLAY Hedge Fund Activity: Q1 2015 in Review
87 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q1 2015, worth a combined $1.2B — up 15% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PLAY positions and 10 closed out — a net gain of 27 holders — while 31 added to existing stakes and 18 trimmed.
The largest buyer was Wells Fargo, opening a new position worth an estimated $45.1M. The largest seller was Oak Hill Capital Management, cutting an estimated $199M.
- 87 institutional investors held Dave & Buster's (PLAY) as of Q1 2015, up from 60 in Q4 2014.
- Funds reported $1.2B of Dave & Buster's stock for Q1 2015, up 15% quarter-over-quarter.
- 37 funds opened new Dave & Buster's positions in Q1 2015 and 10 closed out, a net change of +27 holders.
- The largest Dave & Buster's buyer in Q1 2015 was Wells Fargo, an estimated $45.1M added.
- The largest Dave & Buster's seller in Q1 2015 was Oak Hill Capital Management, an estimated $199M sold.
Based on aggregated 13F filings for Q1 2015.