Dave & Buster's
PLAY
161 hedge funds and large institutions have $715M invested in Dave & Buster's in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 47 increasing their positions, 60 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more call options, than puts
Call options by funds: $76.7M | Put options by funds: $52.5M
33% more capital invested
Capital invested by funds: $538M → $715M (+$177M)
14.2% more ownership
Funds ownership: 85.16% → 99.36% (+14%)
2% less funds holding
Funds holding: 165 → 161 (-4)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
22% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPC
Hill Path Capital
New York
|
+$33.9M |
| 2 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$22.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.7M |
| 4 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$11.3M |
| 5 |
EC
Eminence Capital
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.91M |
| 2 |
SI
Sapience Investments
Newport Beach,
California
|
-$5.05M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.84M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$2.63M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.27M |
PLAY Hedge Fund Activity: Q3 2020 in Review
161 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q3 2020, worth a combined $715M — up 33% from $538M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PLAY and 27 opened new positions — a net loss of 4 holders — while 60 trimmed existing stakes and 47 added.
The largest buyer was Hill Path Capital, adding an estimated $33.9M. The largest seller was BlackRock, cutting an estimated $5.91M.
- 161 institutional investors held Dave & Buster's (PLAY) as of Q3 2020, down from 165 in Q2 2020.
- Funds reported $715M of Dave & Buster's stock for Q3 2020, up 33% quarter-over-quarter.
- 27 funds opened new Dave & Buster's positions in Q3 2020 and 31 closed out, a net change of -4 holders.
- The largest Dave & Buster's buyer in Q3 2020 was Hill Path Capital, an estimated $33.9M added.
- The largest Dave & Buster's seller in Q3 2020 was BlackRock, an estimated $5.91M sold.
Based on aggregated 13F filings for Q3 2020.