Dave & Buster's
PLAY
213 hedge funds and large institutions have $2.36B invested in Dave & Buster's in 2023 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 47 increasing their positions, 92 reducing their positions, and 41 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
44% more capital invested
Capital invested by funds: $1.63B → $2.36B (+$725M)
17% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 41
6.32% more ownership
Funds ownership: 102.74% → 109.05% (+6.3%)
2% more funds holding
Funds holding: 208 → 213 (+5)
18% less call options, than puts
Call options by funds: $86.2M | Put options by funds: $105M
49% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$54.6M |
| 2 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$34M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$32.2M |
| 4 |
Morgan Stanley
New York
|
+$21.2M |
| 5 |
ER
EVR Research
Richmond,
Virginia
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$32M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$20.2M |
| 3 |
EC
Eminence Capital
New York
|
-$18M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$17.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$17M |
PLAY Hedge Fund Activity: Q4 2023 in Review
213 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q4 2023, worth a combined $2.36B — up 44% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PLAY positions and 41 closed out — a net gain of 7 holders — while 47 added to existing stakes and 92 trimmed.
The largest buyer was Wolf Hill Capital Management, opening a new position worth an estimated $54.6M. The largest seller was J. Goldman & Co, exiting entirely with an estimated $32M sold.
- 213 institutional investors held Dave & Buster's (PLAY) as of Q4 2023, up from 208 in Q3 2023.
- Funds reported $2.36B of Dave & Buster's stock for Q4 2023, up 44% quarter-over-quarter.
- 48 funds opened new Dave & Buster's positions in Q4 2023 and 41 closed out, a net change of +7 holders.
- The largest Dave & Buster's buyer in Q4 2023 was Wolf Hill Capital Management, an estimated $54.6M added.
- The largest Dave & Buster's seller in Q4 2023 was J. Goldman & Co, an estimated $32M sold.
Based on aggregated 13F filings for Q4 2023.