Dave & Buster's
PLAY
189 hedge funds and large institutions have $1.78B invested in Dave & Buster's in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 80 increasing their positions, 61 reducing their positions, and 51 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 61
8% less funds holding
Funds holding: 206 → 189 (-17)
14% less capital invested
Capital invested by funds: $2.08B → $1.78B (-$299M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
29% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 51
77% less call options, than puts
Call options by funds: $5.87M | Put options by funds: $25.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCA
Newbrook Capital Advisors
New York
|
+$72.3M |
| 2 |
1WCM
12 West Capital Management
New York
|
+$52.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$37M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$31.9M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHCM
Oak Hill Capital Management
New York
|
-$127M |
| 2 |
Millennium Management
New York
|
-$30.3M |
| 3 |
DP
DSAM Partners
London,
United Kingdom
|
-$20.7M |
| 4 |
O
OppenheimerFunds
New York
|
-$20.7M |
| 5 |
CCI
Columbus Circle Investors
|
-$18.4M |
PLAY Hedge Fund Activity: Q3 2016 in Review
189 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q3 2016, worth a combined $1.78B — down 14% from $2.08B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of PLAY and 36 opened new positions — a net loss of 15 holders — while 61 trimmed existing stakes and 80 added.
The largest buyer was Newbrook Capital Advisors, adding an estimated $72.3M. The largest seller was Oak Hill Capital Management, exiting entirely with an estimated $127M sold.
- 189 institutional investors held Dave & Buster's (PLAY) as of Q3 2016, down from 206 in Q2 2016.
- Funds reported $1.78B of Dave & Buster's stock for Q3 2016, down 14% quarter-over-quarter.
- 36 funds opened new Dave & Buster's positions in Q3 2016 and 51 closed out, a net change of -15 holders.
- The largest Dave & Buster's buyer in Q3 2016 was Newbrook Capital Advisors, an estimated $72.3M added.
- The largest Dave & Buster's seller in Q3 2016 was Oak Hill Capital Management, an estimated $127M sold.
Based on aggregated 13F filings for Q3 2016.