Dave & Buster's
PLAY
232 hedge funds and large institutions have $1.6B invested in Dave & Buster's in 2022 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 90 increasing their positions, 67 reducing their positions, and 46 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 67
1.46% more ownership
Funds ownership: 98.01% → 99.47% (+1.5%)
8% more call options, than puts
Call options by funds: $58.8M | Put options by funds: $54.6M
5% less funds holding
Funds holding: 243 → 232 (-11)
13% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 46
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
31% less capital invested
Capital invested by funds: $2.32B → $1.6B (-$721M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$91.8M |
| 2 |
JCM
JAT Capital Management
Greenwich,
Connecticut
|
+$45.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$38.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$24.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$110M |
| 2 |
MCMU
MIC Capital Management (UK)
London,
United Kingdom
|
-$66.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$24.7M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$21.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$19.3M |
PLAY Hedge Fund Activity: Q2 2022 in Review
232 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q2 2022, worth a combined $1.6B — down 31% from $2.32B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of PLAY and 40 opened new positions — a net loss of 6 holders — while 67 trimmed existing stakes and 90 added.
The largest buyer was Nomura Holdings, adding an estimated $91.8M. The largest seller was Kohlberg Kravis Roberts & Co, exiting entirely with an estimated $110M sold.
- 232 institutional investors held Dave & Buster's (PLAY) as of Q2 2022, down from 243 in Q1 2022.
- Funds reported $1.6B of Dave & Buster's stock for Q2 2022, down 31% quarter-over-quarter.
- 40 funds opened new Dave & Buster's positions in Q2 2022 and 46 closed out, a net change of -6 holders.
- The largest Dave & Buster's buyer in Q2 2022 was Nomura Holdings, an estimated $91.8M added.
- The largest Dave & Buster's seller in Q2 2022 was Kohlberg Kravis Roberts & Co, an estimated $110M sold.
Based on aggregated 13F filings for Q2 2022.