BOYD GAMING CORP BYD
COM · Common Stock · CUSIP 103304101 · ISIN US1033041013
Gaming company in the United States
- SectorConsumer discretionary
- IndustryHotels & Motels
- HeadquartersLas Vegas, NV
- Founded1941
- Websiteboydgaming.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($14.3m this quarter). Holder counts are more reliable. Shares outstanding: 104.4m as of 2022-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $54.51. Options: 12 managers hold calls ($67.2m notional), 16 hold puts ($119.9m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 318 |
| Q4 2022 | 351 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $75.9m | $141.8m | 1.87 |
| Q4 2022 | $67.2m | $119.9m | 1.78 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +847.8k |
| CITADEL ADVISORS LLC | Added | +773.7k |
| Invesco Ltd. | Added | +465.5k |
| FRANKLIN RESOURCES INC | Added | +454.2k |
| JENNISON ASSOCIATES LLC | New | +419.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +415.3k |
| Man Group plc | Added | +308.4k |
| Qube Research & Technologies Ltd | Added | +244.0k |
| Pacer Advisors, Inc. | Added | +183.3k |
| Redwood Investment Management, LLC | New | +128.8k |
Biggest sellers
| HG Vora Capital Management, LLC | Reduced | -1.0m |
| CANYON CAPITAL ADVISORS LLC | Reduced | -541.9k |
| VANGUARD GROUP INC | Reduced | -421.9k |
| Senator Investment Group LP | Reduced | -300.0k |
| BAMCO INC /NY/ | Reduced | -292.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -286.6k |
| Weiss Multi-Strategy Advisers LLC | Reduced | -276.5k |
| Waterfront Capital Partners, LLC | Reduced | -274.0k |
| ZEKE CAPITAL ADVISORS, LLC | Reduced | -257.2k |
| Balyasny Asset Management L.P. | Sold out | -232.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.4m373.5k shares |
| CITADEL ADVISORS LLC | Reduced | $16.0m293.6k shares |
| JANE STREET GROUP, LLC | Added | $10.2m187.8k shares |
| Point72 Asset Management, L.P. | New | $5.5m100.0k shares |
| Walleye Trading LLC | Reduced | $5.2m95.6k shares |
| Squarepoint Ops LLC | Reduced | $3.3m61.2k shares |
| PEAK6 Investments LLC | Reduced | $2.8m52.1k shares |
| GROUP ONE TRADING LLC | Added | $1.9m34.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.8m32.9k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $49.1k900 shares |
Biggest puts
| Lombard Odier Asset Management (USA) Corp | Unchanged | $36.8m675.0k shares |
| NOMURA HOLDINGS INC | Unchanged | $25.9m475.0k shares |
| PEAK6 Investments LLC | Added | $19.0m347.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.9m163.4k shares |
| CITADEL ADVISORS LLC | Reduced | $7.7m140.8k shares |
| Walleye Trading LLC | Added | $6.1m112.2k shares |
| Squarepoint Ops LLC | Reduced | $4.7m85.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.8m69.3k shares |
| GROUP ONE TRADING LLC | Added | $3.5m64.3k shares |
| JANE STREET GROUP, LLC | Reduced | $3.2m58.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| COHEN & STEERS, INC. 13G · institution +3.6 pts · filed 2026-08-14 | 8.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $1.0m | — |
| Q1 2022 | 0 | — | 2 | $1.2m | — |
| Q2 2022 | 1 | $1.2k | 4 | $18.1m | — |
| Q3 2022 | 1 | $1.3k | 1 | $456.6k | — |
| Q4 2022 | 0 | — | 5 | $35.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-14 | BOYD WILLIAM S Co-Executive Chair, director · BY Trust | Sold | $11.2m190.0k shares |
| 2022-12-13 | BOYD WILLIAM R Vice President, director | Sold | $947.7k16.0k shares |
| 2022-12-12 | BOYD WILLIAM S Co-Executive Chair, director · BY Trust | Sold | $6.2m106.6k shares |
| 2022-12-07 | Thompson Stephen S. Executive Vice President | Sold | $490.0k8.4k shares |
| 2022-11-11 | BOYD WILLIAM R Vice President, director · By Trust* | Sold | $1.2m20.0k shares |
| 2022-11-10 | SMITH KEITH President & CEO, director | Sold | $3.8m64.3k shares |
| 2022-11-07 | BOYD WILLIAM R Vice President, director · By Trust | Sold | $2.9m50.0k shares |
| 2022-11-04 | BOYD WILLIAM R Vice President, director · By Trust | Sold | $2.8m50.0k shares |
| 2022-10-31 | JOHNSON MARIANNE BOYD Co-Executive Chair, director · By Trust* | Sold | $5.8m100.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 8.1m $441.6m | Reduced -421.9k |
| BlackRock Inc. 0.01% of their portfolio | 7.6m $412.3m | Reduced -5.8k |
| COHEN & STEERS, INC. 0.50% of their portfolio | 4.1m $224.9m | Reduced -172.5k |
| HG Vora Capital Management, LLC 9.28% of their portfolio | 4.0m $218.1m | Reduced -1.0m |
| ARIEL INVESTMENTS, LLC 1.91% of their portfolio | 3.5m $188.5m | Reduced -106.4k |
| FMR LLC 0.01% of their portfolio | 2.4m $129.6m | Reduced -27.4k |
| STATE STREET CORP 0.01% of their portfolio | 2.3m $123.0m | Added +45.4k |
| BAMCO INC /NY/ 0.36% of their portfolio | 2.0m $106.6m | Reduced -292.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 1.7m $93.6m | Added +81.2k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 1.7m $93.3m | Added +847.8k |
| Invesco Ltd. 0.02% of their portfolio | 1.4m $75.6m | Added +465.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.1m $62.6m | Reduced -121.6k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 1.1m $59.5m | Added +773.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $58.9m | Reduced -18.8k |
| MORGAN STANLEY 0.01% of their portfolio | 1.0m $56.5m | Reduced -173.6k |
| Channing Capital Management, LLC 1.77% of their portfolio | 1.0m $55.7m | Added +47.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.0m $55.1m | Added +2.9k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 969.6k $52.9m | Added +415.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 934.5k $51.0m | Added +69.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 918.1k $50.1m | Added +61.5k |
| PINNACLE ASSOCIATES LTD 1.06% of their portfolio | 893.1k $48.7m | Reduced -17.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 886.6k $48.3m | Reduced -286.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 876.1k $47.8m | Added +260 |
| CANYON CAPITAL ADVISORS LLC 5.19% of their portfolio | 855.5k $46.7m | Reduced -541.9k |
| NORGES BANK 0.01% of their portfolio | 763.3k $41.6m | Added +16.5k |
| ZEKE CAPITAL ADVISORS, LLC 2.39% of their portfolio | 672.2k $36.7m | Reduced -257.2k |
| GAMCO INVESTORS, INC. ET AL 0.37% of their portfolio | 626.1k $34.1m | Reduced -8.7k |
| Pacer Advisors, Inc. 0.17% of their portfolio | 622.6k $34.0m | Added +183.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.54% of their portfolio | 609.7k $33.2m | Reduced -145.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 572.4k $31.2m | Added +83.2k |
| Nitorum Capital, L.P. 2.74% of their portfolio | 532.6k $29.0m | Reduced -77.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 507.7k $27.7m | Added +1.5k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 467.6k $25.5m | Added +454.2k |
| Shellback Capital, LP 4.30% of their portfolio | 439.5k $24.0m | Reduced -5.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 433.3k $23.6m | Added +3.2k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 419.8k $22.9m | New |
| Qube Research & Technologies Ltd 0.13% of their portfolio | 387.3k $21.1m | Added +244.0k |
| Man Group plc 0.07% of their portfolio | 379.9k $20.7m | Added +308.4k |
| BARCLAYS PLC 0.02% of their portfolio | 369.4k $20.1m | First filing |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 369.3k $20.1m | Reduced -14.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 356.7k $19.5m | Added +14.9k |
| Senator Investment Group LP 1.72% of their portfolio | 350.0k $19.1m | Reduced -300.0k |
| BWCP, LP 7.55% of their portfolio | 313.6k $17.1m | Added +44.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 310.9k $17.0m | Reduced -5.4k |
| GLENMEDE TRUST CO NA 0.10% of their portfolio | 304.5k $16.6m | Reduced -37.9k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 247.3k $13.5m | Added +5.8k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 244.5k $13.3m | Reduced -3.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 238.1k $13.0m | Added +4.8k |
| Northern Right Capital Management, L.P. 6.74% of their portfolio | 220.9k $12.0m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 213.7k $11.7m | Added +35.8k |
| Redwood Investments, LLC 1.45% of their portfolio | 198.9k $10.8m | Reduced -2.3k |
| UBS Group AG 0.01% of their portfolio | 196.5k $10.7m | Added +73.5k |
| Swiss National Bank 0.01% of their portfolio | 193.5k $10.6m | Reduced -1.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 183.5k $10.0m | Reduced -14.5k |
| PANAGORA ASSET MANAGEMENT INC 0.06% of their portfolio | 180.0k $9.8m | Added +76.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 176.3k $9.5m | Reduced -146.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.10% of their portfolio | 175.5k $9.6m | Reduced -8.7k |
| AGF MANAGEMENT LTD 0.07% of their portfolio | 175.0k $9.5m | First filing |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 170.4k $9.3m | Added +1.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 164.1k $8.9m | Reduced -14.7k |
| Legal & General Group Plc 0.00% of their portfolio | 162.6k $8.9m | Reduced -124 |
| GABELLI FUNDS LLC 0.07% of their portfolio | 162.5k $8.9m | Reduced -18.8k |
| SPX Gestao de Recursos Ltda 0.96% of their portfolio | 158.1k $8.6m | Added +39.8k |
| Retirement Systems of Alabama 0.04% of their portfolio | 158.1k $8.6m | Reduced -1.8k |
| Penn Capital Management Company, LLC 0.86% of their portfolio | 154.1k $8.4m | Reduced -12.2k |
| STRS OHIO 0.04% of their portfolio | 147.6k $8.0m | Added +4.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 144.7k $7.9m | Reduced -29.3k |
| NISA INVESTMENT ADVISORS, LLC 0.06% of their portfolio | 138.3k $7.5m | Added +109.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 131.4k $7.2m | Reduced -257 |
| Waterfront Capital Partners, LLC 0.58% of their portfolio | 130.0k $7.1m | Reduced -274.0k |
| Diametric Capital, LP 3.39% of their portfolio | 129.1k $7.0m | Added +8.8k |
| Redwood Investment Management, LLC 0.93% of their portfolio | 128.8k $7.0m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 127.3k $6.9m | New |
| Beacon Pointe Advisors, LLC 0.13% of their portfolio | 125.0k $6.8m | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 123.5k $6.7m | Reduced -4.6k |
| Belmont Capital, LLC 7.19% of their portfolio | 123.3k $6.7m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 119.3k $6.5m | Reduced -1.8k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 118.8k $6.5m | Added +41.2k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 117.2k $6.4m | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.10% of their portfolio | 111.1k $6.1m | Reduced -48.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 110.0k $6.0m | Reduced -25.3k |
| Hodges Capital Management Inc. 0.50% of their portfolio | 104.7k $5.7m | Added +25.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 100.4k $5.5m | Reduced -1.4k |
| J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio | 91.7k $5.0m | Added +126 |
| Walleye Trading LLC 0.12% of their portfolio | 88.7k $4.8m | Added +78.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 88.3k $4.8m | Reduced -42.1k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 87.7k $4.8m | Reduced -18.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 87.0k $4.7m | Reduced -1.1k |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 82.1k $4.5m | Reduced -33.4k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 81.0k $4.4m | Reduced -9.9k |
| Key Colony Management, LLC 4.67% of their portfolio | 79.0k $4.3m | Reduced -3.0k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 78.4k $4.3m | Reduced -723 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 76.9k $4.2m | Reduced -5.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 72.0k $3.9m | Added +33.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 70.6k $3.8m | Reduced -50.2k |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.15% of their portfolio | 69.7k $3.8m | Reduced -1.7k |
| AMALGAMATED BANK 0.03% of their portfolio | 69.3k $3.8m | Added +11.5k |
| Brandywine Global Investment Management, LLC 0.03% of their portfolio | 67.9k $3.7m | Added +28.8k |
| SG Americas Securities, LLC 0.05% of their portfolio | 67.5k $3.7m | Added +44.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 64.7k $3.5m | Reduced -1.7k |