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 ($24.8m this quarter). Holder counts are more reliable. Shares outstanding: 100.0m as of 2023-07-31, 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 ≈ $68.90. Options: 13 managers hold calls ($77.9m notional), 19 hold puts ($187.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 318 |
| Q4 2022 | 351 |
| Q1 2023 | 338 |
| Q2 2023 | 359 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 153 | 167 |
| Q1 2023 | 158 | 174 |
| Q2 2023 | 158 | 177 |
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 |
| Q1 2023 | $72.0m | $158.5m | 2.20 |
| Q2 2023 | $77.9m | $187.9m | 2.41 |
Biggest buyers
| Boston Partners | Added | +841.6k |
| JPMORGAN CHASE & CO | Added | +390.2k |
| Man Group plc | New | +347.9k |
| Point72 Asset Management, L.P. | Added | +320.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +301.0k |
| BlackRock Inc. | Added | +289.4k |
| Qube Research & Technologies Ltd | Added | +188.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +168.2k |
| TWINBEECH CAPITAL LP | New | +167.9k |
| Invesco Ltd. | Added | +167.5k |
Biggest sellers
| FMR LLC | Reduced | -2.5m |
| HG Vora Capital Management, LLC | Reduced | -1.0m |
| VANGUARD GROUP INC | Reduced | -845.2k |
| Balyasny Asset Management L.P. | Reduced | -709.0k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -492.9k |
| COHEN & STEERS, INC. | Reduced | -450.1k |
| Man Group plc | Sold out | -394.3k |
| CITADEL ADVISORS LLC | Reduced | -393.4k |
| Driehaus Capital Management LLC | Sold out | -358.1k |
| ARIEL INVESTMENTS, LLC | Reduced | -342.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $27.7m399.1k shares |
| CITADEL ADVISORS LLC | Reduced | $16.7m240.9k shares |
| PEAK6 Investments LLC | Added | $15.2m219.1k shares |
| Portman Square Capital LLP | New | $4.5m65.3k shares |
| Squarepoint Ops LLC | Reduced | $3.5m50.5k shares |
| Walleye Trading LLC | Reduced | $3.0m43.0k shares |
| SIMPLEX TRADING, LLC | Added | $2.6m36.9k shares |
| GROUP ONE TRADING LLC | Reduced | $2.1m30.2k shares |
| Walleye Capital LLC | New | $1.7m23.9k shares |
| JANE STREET GROUP, LLC | Reduced | $374.6k5.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $49.0m706.0k shares |
| Lombard Odier Asset Management (USA) Corp | Unchanged | $46.8m675.0k shares |
| NOMURA HOLDINGS INC | Unchanged | $33.0m475.0k shares |
| Portman Square Capital LLP | New | $12.0m172.5k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $10.4m150.0k shares |
| GRATIA CAPITAL, LLC | New | $9.9m142.0k shares |
| Caption Management, LLC | New | $6.9m100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.4m92.5k shares |
| Squarepoint Ops LLC | Reduced | $3.5m49.8k shares |
| Walleye Trading LLC | Reduced | $3.2m45.5k 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 Q2 2023
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2023 | 0 | — | 6 | $71.5m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 8.0m $558.4m | Added +289.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 7.8m $542.0m | Reduced -845.2k |
| COHEN & STEERS, INC. 0.51% of their portfolio | 3.5m $243.8m | Reduced -450.1k |
| ARIEL INVESTMENTS, LLC 2.04% of their portfolio | 3.1m $215.9m | Reduced -342.3k |
| FMR LLC 0.01% of their portfolio | 2.2m $155.8m | Reduced -2.5m |
| STATE STREET CORP 0.01% of their portfolio | 2.2m $153.2m | Reduced -49.5k |
| Boston Partners 0.20% of their portfolio | 2.1m $147.8m | Added +841.6k |
| BAMCO INC /NY/ 0.40% of their portfolio | 2.1m $145.4m | Reduced -20.1k |
| HG Vora Capital Management, LLC 6.14% of their portfolio | 2.0m $138.7m | Reduced -1.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.14% of their portfolio | 1.7m $116.2m | Added +301.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.6m $112.9m | Added +390.2k |
| Invesco Ltd. 0.03% of their portfolio | 1.6m $112.8m | Added +167.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.74% of their portfolio | 1.1m $77.6m | Added +151.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $77.3m | Added +11.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.0m $69.5m | Reduced -2.8k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 886.6k $61.5m | Added +162.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 874.8k $60.7m | Reduced -37.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 872.0k $60.5m | Reduced -20.9k |
| MORGAN STANLEY 0.01% of their portfolio | 807.9k $56.0m | Added +24.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 793.0k $55.0m | Reduced -138.6k |
| NORGES BANK 0.01% of their portfolio | 789.9k $54.8m | Added +14.9k |
| Pacer Advisors, Inc. 0.21% of their portfolio | 748.2k $51.9m | Reduced -871 |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 726.9k $50.4m | Added +24.4k |
| PINNACLE ASSOCIATES LTD 0.84% of their portfolio | 701.8k $48.7m | Reduced -100.2k |
| Channing Capital Management, LLC 1.44% of their portfolio | 676.9k $47.0m | Reduced -107.4k |
| GAMCO INVESTORS, INC. ET AL 0.45% of their portfolio | 621.3k $43.1m | Reduced -4.0k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 586.7k $40.7m | Reduced -492.9k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 512.2k $35.5m | Added +55.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 505.2k $35.0m | Added +243 |
| Shellback Capital, LP 3.06% of their portfolio | 500.0k $34.7m | Added +10.5k |
| Nitorum Capital, L.P. 3.47% of their portfolio | 494.9k $34.3m | Added +19.8k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 454.6k $31.5m | Reduced -85.5k |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 446.4k $31.0m | Added +320.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 430.0k $29.8m | Reduced -115.4k |
| BARCLAYS PLC 0.02% of their portfolio | 428.1k $29.7m | Added +28.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.43% of their portfolio | 388.5k $27.0m | Reduced -94.3k |
| COMERICA BANK 0.00% of their portfolio | 386.9k $0 | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 350.3k $24.3m | Reduced -7.1k |
| Man Group plc 0.07% of their portfolio | 347.9k $24.1m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 342.7k $23.8m | Reduced -42.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 322.8k $22.4m | Reduced -39.0k |
| BWCP, LP 7.74% of their portfolio | 315.1k $21.9m | Added +45.3k |
| GLENMEDE TRUST CO NA 0.11% of their portfolio | 308.5k $19.9m | Added +606 |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 307.6k $21.3m | Added +1.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 288.1k $20.0m | Reduced -25.7k |
| UBS Group AG 0.01% of their portfolio | 261.4k $18.1m | Added +40.3k |
| Redwood Investments, LLC 2.15% of their portfolio | 253.3k $17.6m | Added +3.9k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 247.4k $17.2m | Added +188.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 233.9k $16.2m | Reduced -484 |
| SEI INVESTMENTS CO 0.03% of their portfolio | 224.1k $15.5m | Reduced -49.3k |
| SPX Gestao de Recursos Ltda 0.70% of their portfolio | 211.6k $14.7m | Unchanged |
| Northern Right Capital Management, L.P. 5.82% of their portfolio | 205.4k $14.2m | Reduced -12.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 200.5k $13.9m | Added +31.4k |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 194.6k $13.5m | Added +146.0k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 193.0k $13.4m | Reduced -36.6k |
| CANTOR FITZGERALD, L. P. 0.30% of their portfolio | 189.8k $13.2m | Added +4.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 188.8k $13.1m | Reduced -393.4k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 186.8k $13.0m | Added +3.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 186.2k $12.9m | Added +4.7k |
| Legal & General Group Plc 0.00% of their portfolio | 176.9k $12.3m | Added +11.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.07% of their portfolio | 168.2k $11.7m | New |
| TWINBEECH CAPITAL LP 0.23% of their portfolio | 167.9k $11.7m | New |
| PANAGORA ASSET MANAGEMENT INC 0.07% of their portfolio | 166.9k $11.6m | Reduced -11.7k |
| Swiss National Bank 0.01% of their portfolio | 166.4k $11.5m | Reduced -2.6k |
| GABELLI FUNDS LLC 0.08% of their portfolio | 155.5k $10.8m | Reduced -3.8k |
| Retirement Systems of Alabama 0.05% of their portfolio | 152.4k $10.6m | Reduced -4.7k |
| STRS OHIO 0.04% of their portfolio | 146.6k $10.2m | Reduced -287.5k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 144.0k $10.0m | Reduced -709.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 142.1k $9.9m | Reduced -2.6k |
| Cubist Systematic Strategies, LLC 0.11% of their portfolio | 140.5k $9.7m | Added +23.5k |
| Penn Capital Management Company, LLC 0.94% of their portfolio | 139.9k $9.7m | Reduced -12.7k |
| Weiss Multi-Strategy Advisers LLC 0.21% of their portfolio | 139.7k $9.7m | Reduced -198.8k |
| Brandywine Global Investment Management, LLC 0.07% of their portfolio | 129.3k $9.0m | Reduced -1.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 124.2k $8.6m | Reduced -1.5k |
| Redwood Investment Management, LLC 0.87% of their portfolio | 117.5k $8.4m | Added +23.0k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 115.8k $8.0m | Reduced -6.6k |
| Diametric Capital, LP 3.55% of their portfolio | 114.6k $7.9m | Reduced -16.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 113.6k $7.9m | Reduced -3.5k |
| Belmont Capital, LLC 4.33% of their portfolio | 111.1k $7.7m | Reduced -12.2k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 109.2k $7.6m | Added +26.9k |
| Hudson Bay Capital Management LP 0.07% of their portfolio | 102.2k $7.1m | Reduced -165.2k |
| GRATIA CAPITAL, LLC 9.84% of their portfolio | 102.0k $7.1m | New |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 98.3k $6.8m | Added +39.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 94.7k $6.1m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.24% of their portfolio | 93.5k $6.5m | Reduced -5.0k |
| CASTLEARK MANAGEMENT LLC 0.29% of their portfolio | 93.3k $6.5m | Reduced -970 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 91.9k $6.4m | Reduced -5.5k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.82% of their portfolio | 90.1k $6.3m | Reduced -88.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 87.7k $6.1m | Added +50.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 85.4k $5.9m | Added +1.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 84.7k $5.9m | Reduced -37.6k |
| Graham Capital Management, L.P. 0.20% of their portfolio | 83.7k $5.8m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 78.4k $5.4m | Added +15.7k |
| Gotham Asset Management, LLC 0.12% of their portfolio | 77.7k $5.4m | Added +9.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 76.0k $5.3m | New |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.19% of their portfolio | 75.8k $5.3m | Added +3.7k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 74.5k $5.2m | Reduced -8.6k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 69.9k $4.9m | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 69.7k $4.8m | Reduced -6.1k |
| Banco Santander, S.A. 0.06% of their portfolio | 68.8k $4.8m | Not comparable |