Dave & Buster's
PLAY
186 hedge funds and large institutions have $439M invested in Dave & Buster's in 2026 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 53 increasing their positions, 56 reducing their positions, and 44 closing their positions.
7% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 44
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 187 → 186 (-1)
5% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 56
2.7% less ownership
Funds ownership: 119.72% → 117.02% (-2.7%)
20% less call options, than puts
Call options by funds: $13.8M | Put options by funds: $17.1M
35% less capital invested
Capital invested by funds: $673M → $439M (-$234M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.2M |
| 2 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$11.8M |
| 3 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$11.5M |
| 4 |
HF
HRT Financial
New York
|
+$7.49M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$32.2M |
| 2 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
-$8.18M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.64M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$6.38M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$6.35M |
PLAY Hedge Fund Activity: Q1 2026 in Review
186 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Dave & Buster's (PLAY) for Q1 2026, worth a combined $439M — down 35% from $673M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PLAY positions and 44 closed out — a net gain of 3 holders — while 53 added to existing stakes and 56 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $14.2M. The largest seller was BlackRock, cutting an estimated $32.2M.
- 186 institutional investors held Dave & Buster's (PLAY) as of Q1 2026, down from 187 in Q4 2025.
- Funds reported $439M of Dave & Buster's stock for Q1 2026, down 35% quarter-over-quarter.
- 47 funds opened new Dave & Buster's positions in Q1 2026 and 44 closed out, a net change of +3 holders.
- The largest Dave & Buster's buyer in Q1 2026 was Millennium Management, an estimated $14.2M added.
- The largest Dave & Buster's seller in Q1 2026 was BlackRock, an estimated $32.2M sold.
Based on aggregated 13F filings for Q1 2026.