Dave & Buster's
PLAY
206 hedge funds and large institutions have $1.42B invested in Dave & Buster's in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 70 increasing their positions, 86 reducing their positions, and 50 closing their positions.
38% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $17.9M
3.16% more ownership
Funds ownership: 115.16% → 118.33% (+3.2%)
12% less funds holding
Funds holding: 234 → 206 (-28)
16% less capital invested
Capital invested by funds: $1.7B → $1.42B (-$274M)
19% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 86
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
52% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$60.4M |
| 2 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$31.5M |
| 3 |
Millennium Management
New York
|
+$26M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.5M |
| 5 |
JP Morgan Chase
New York
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$80.9M |
| 2 |
Bank of New York Mellon
New York
|
-$34.7M |
| 3 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$28.9M |
| 4 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$27.1M |
| 5 |
BlackRock
New York
|
-$21.4M |
PLAY Hedge Fund Activity: Q3 2019 in Review
206 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q3 2019, worth a combined $1.42B — down 16% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PLAY and 24 opened new positions — a net loss of 26 holders — while 86 trimmed existing stakes and 70 added.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $60.4M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $80.9M sold.
- 206 institutional investors held Dave & Buster's (PLAY) as of Q3 2019, down from 234 in Q2 2019.
- Funds reported $1.42B of Dave & Buster's stock for Q3 2019, down 16% quarter-over-quarter.
- 24 funds opened new Dave & Buster's positions in Q3 2019 and 50 closed out, a net change of -26 holders.
- The largest Dave & Buster's buyer in Q3 2019 was Senator Investment Group, an estimated $60.4M added.
- The largest Dave & Buster's seller in Q3 2019 was HG Vora Capital Management, an estimated $80.9M sold.
Based on aggregated 13F filings for Q3 2019.