Dave & Buster's
PLAY
165 hedge funds and large institutions have $538M invested in Dave & Buster's in 2020 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 71 increasing their positions, 30 reducing their positions, and 37 closing their positions.
137% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 30
30% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 37
21% more capital invested
Capital invested by funds: $443M → $538M (+$94.9M)
18% more call options, than puts
Call options by funds: $45.8M | Put options by funds: $38.8M
6% more funds holding
Funds holding: 155 → 165 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23.36% less ownership
Funds ownership: 108.52% → 85.16% (-23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$34.1M |
| 2 |
EC
Eminence Capital
New York
|
+$24.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$21.3M |
| 4 |
Morgan Stanley
New York
|
+$18.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$29.9M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$10M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$5.81M |
| 4 |
ELI
Empire Life Investments
Toronto,
Ontario, Canada
|
-$5.61M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$4.7M |
PLAY Hedge Fund Activity: Q2 2020 in Review
165 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q2 2020, worth a combined $538M — up 21% from $443M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PLAY positions and 37 closed out — a net gain of 11 holders — while 71 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock, adding an estimated $34.1M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $29.9M sold.
- 165 institutional investors held Dave & Buster's (PLAY) as of Q2 2020, up from 155 in Q1 2020.
- Funds reported $538M of Dave & Buster's stock for Q2 2020, up 21% quarter-over-quarter.
- 48 funds opened new Dave & Buster's positions in Q2 2020 and 37 closed out, a net change of +11 holders.
- The largest Dave & Buster's buyer in Q2 2020 was BlackRock, an estimated $34.1M added.
- The largest Dave & Buster's seller in Q2 2020 was Mackenzie Financial, an estimated $29.9M sold.
Based on aggregated 13F filings for Q2 2020.