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 ($8.9m this quarter). Holder counts are more reliable. Shares outstanding: 91.8m as of 2024-07-29, 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 ≈ $55.11. Options: 21 managers hold calls ($105.0m notional), 24 hold puts ($166.3m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 318 |
| Q4 2022 | 351 |
| Q1 2023 | 338 |
| Q2 2023 | 359 |
| Q3 2023 | 345 |
| Q4 2023 | 344 |
| Q1 2024 | 324 |
| Q2 2024 | 328 |
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 |
| Q3 2023 | 150 | 187 |
| Q4 2023 | 136 | 198 |
| Q1 2024 | 159 | 165 |
| Q2 2024 | 144 | 184 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $80.3m | $176.9m | 2.20 |
| Q4 2023 | $77.2m | $181.8m | 2.36 |
| Q1 2024 | $72.5m | $144.5m | 1.99 |
| Q2 2024 | $105.0m | $166.3m | 1.58 |
Biggest buyers
| HG Vora Capital Management, LLC | Added | +1.5m |
| COHEN & STEERS, INC. | Added | +1.1m |
| CITADEL ADVISORS LLC | Added | +705.5k |
| MACQUARIE GROUP LTD | New | +698.4k |
| Nuveen Asset Management, LLC | Added | +410.0k |
| Long Pond Capital, LP | New | +371.0k |
| BANK OF AMERICA CORP /DE/ | Added | +348.6k |
| ARIEL INVESTMENTS, LLC | Added | +336.0k |
| JANE STREET GROUP, LLC | Added | +259.6k |
| Nitorum Capital, L.P. | Added | +237.6k |
Biggest sellers
| BlackRock Inc. | Reduced | -2.5m |
| BAMCO INC /NY/ | Reduced | -1.8m |
| MORGAN STANLEY | Reduced | -1.3m |
| Boston Partners | Reduced | -725.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -578.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -525.6k |
| VANGUARD GROUP INC | Reduced | -476.6k |
| Invesco Ltd. | Reduced | -361.5k |
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -342.2k |
| FMR LLC | Reduced | -331.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $24.3m441.2k shares |
| CITADEL ADVISORS LLC | Added | $14.1m255.5k shares |
| Portman Square Capital LLP | Added | $11.9m216.3k shares |
| SIMPLEX TRADING, LLC | Added | $11.5m209.2k shares |
| Walleye Trading LLC | Added | $10.2m184.6k shares |
| JANE STREET GROUP, LLC | Added | $5.6m100.8k shares |
| J. Goldman & Co LP | New | $5.5m100.6k shares |
| GOLDMAN SACHS GROUP INC | Added | $5.4m97.2k shares |
| GROUP ONE TRADING LLC | Reduced | $4.3m77.9k shares |
| Squarepoint Ops LLC | Added | $4.0m73.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $41.7m756.7k shares |
| SpiderRock Advisors, LLC | Unchanged | $27.6m500.0k shares |
| Portman Square Capital LLP | Added | $20.8m378.2k shares |
| J. Goldman & Co LP | Added | $14.0m253.6k shares |
| SIMPLEX TRADING, LLC | Added | $13.5m244.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.2m202.6k shares |
| Walleye Trading LLC | Added | $10.5m190.5k shares |
| HBK INVESTMENTS L P | Reduced | $7.6m138.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $5.4m97.2k shares |
| GROUP ONE TRADING LLC | Added | $3.0m55.3k 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 2024
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 2022 | 1 | $1.3k | 1 | $456.6k | — |
| Q4 2022 | 0 | — | 5 | $35.3m | — |
| Q1 2023 | 0 | — | 6 | $71.5m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 3 | $2.8m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 7 | $21.7m | — |
| Q2 2024 | 0 | — | 1 | $100.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-22 | SPADAFOR CHRISTINE J. Director · By Trust | Sold | $100.0k1.9k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 6.8m $376.3m | Reduced -2.5m |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.5m $359.1m | Reduced -476.6k |
| COHEN & STEERS, INC. 0.72% of their portfolio | 6.2m $341.1m | Added +1.1m |
| HG Vora Capital Management, LLC 14.31% of their portfolio | 4.0m $220.4m | Added +1.5m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.1m $171.0m | Reduced -125.0k |
| ARIEL INVESTMENTS, LLC 1.81% of their portfolio | 3.0m $167.0m | Added +336.0k |
| Boston Partners 0.16% of their portfolio | 2.3m $127.2m | Reduced -725.1k |
| STATE STREET CORP 0.01% of their portfolio | 2.1m $115.6m | Reduced -57.5k |
| FMR LLC 0.01% of their portfolio | 1.5m $84.2m | Reduced -331.8k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 1.1m $63.3m | Added +189.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $61.7m | Reduced -7.1k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 1.1m $59.4m | Added +410.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 917.8k $50.6m | Added +42.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 850.2k $46.8m | Reduced -152.3k |
| Channing Capital Management, LLC 1.25% of their portfolio | 827.4k $45.6m | Reduced -93.8k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 824.9k $45.5m | Added +705.5k |
| NORGES BANK 0.01% of their portfolio | 824.1k $45.4m | Unchanged |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 807.9k $44.5m | Added +20.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 775.6k $42.7m | Reduced -29.7k |
| Balyasny Asset Management L.P. 0.11% of their portfolio | 754.0k $41.5m | Added +145.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 740.4k $40.8m | Added +348.6k |
| Nitorum Capital, L.P. 4.20% of their portfolio | 699.8k $38.6m | Added +237.6k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 698.4k $38.5m | New |
| PINNACLE ASSOCIATES LTD 0.57% of their portfolio | 663.0k $36.5m | Reduced -8.3k |
| MORGAN STANLEY 0.00% of their portfolio | 609.4k $33.6m | Reduced -1.3m |
| GAMCO INVESTORS, INC. ET AL 0.36% of their portfolio | 600.2k $33.1m | Reduced -850 |
| BWCP, LP 7.85% of their portfolio | 566.6k $31.2m | Added +111.8k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 546.0k $30.1m | Added +167.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 533.9k $29.4m | Added +54.3k |
| Invesco Ltd. 0.01% of their portfolio | 523.4k $28.8m | Reduced -361.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 505.0k $27.8m | Reduced -88.0k |
| SpiderRock Advisors, LLC 0.73% of their portfolio | 500.5k $27.6m | Unchanged |
| SEI INVESTMENTS CO 0.04% of their portfolio | 497.3k $27.4m | Added +98.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 473.7k $26.1m | Added +19.9k |
| SCOUT INVESTMENTS, INC. 0.65% of their portfolio | 441.6k $24.3m | Reduced -45.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 430.1k $23.7m | Reduced -525.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.23% of their portfolio | 428.9k $23.6m | Reduced -578.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 417.5k $23.0m | Added +68.7k |
| Long Pond Capital, LP 1.11% of their portfolio | 371.0k $20.4m | New |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 370.6k $20.4m | Added +88.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 323.5k $17.8m | Reduced -29.6k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 265.2k $14.6m | Added +259.6k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.06% of their portfolio | 259.9k $14.3m | Reduced -150.9k |
| HRT FINANCIAL LP 0.08% of their portfolio | 252.2k $13.9m | Added +215.0k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 233.4k $12.9m | Added +1.7k |
| GLENMEDE TRUST CO NA 0.06% of their portfolio | 229.8k $12.7m | Added +2.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 224.4k $12.4m | Reduced -37.4k |
| Retirement Systems of Alabama 0.05% of their portfolio | 219.9k $12.1m | Reduced -4.1k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 189.8k $10.5m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 187.9k $10.4m | Reduced -8.2k |
| Man Group plc 0.03% of their portfolio | 172.1k $9.5m | Added +79.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 164.3k $9.1m | Reduced -4.0k |
| UBS Group AG 0.00% of their portfolio | 155.7k $8.6m | Reduced -76.6k |
| GABELLI FUNDS LLC 0.06% of their portfolio | 150.3k $8.3m | Added +1.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 148.8k $8.2m | Added +51.7k |
| Legal & General Group Plc 0.00% of their portfolio | 146.9k $8.1m | Reduced -14.4k |
| Brandywine Global Investment Management, LLC 0.06% of their portfolio | 141.7k $7.8m | Reduced -45.4k |
| Swiss National Bank 0.01% of their portfolio | 141.2k $7.8m | Reduced -3.7k |
| Penn Capital Management Company, LLC 0.74% of their portfolio | 140.9k $7.8m | Reduced -2.7k |
| Banco Santander, S.A. 0.09% of their portfolio | 138.1k $7.6m | Reduced -49.4k |
| BARCLAYS PLC 0.00% of their portfolio | 135.2k $7.5m | Reduced -66.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 125.4k $6.9m | Reduced -8.8k |
| GRATIA CAPITAL, LLC 10.59% of their portfolio | 124.7k $6.9m | Reduced -31.5k |
| Bridgewater Associates, LP 0.04% of their portfolio | 123.0k $6.8m | Added +1.0k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 119.4k $6.6m | Added +9.6k |
| Verition Fund Management LLC 0.05% of their portfolio | 119.1k $6.6m | Added +110.4k |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 112.7k $6.2m | Reduced -6.9k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.52% of their portfolio | 110.8k $6.1m | Added +66.3k |
| Belmont Capital, LLC 1.13% of their portfolio | 109.9k $6.1m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 108.7k $6.0m | New |
| BAMCO INC /NY/ 0.02% of their portfolio | 108.0k $5.9m | Reduced -1.8m |
| Gotham Asset Management, LLC 0.07% of their portfolio | 102.7k $5.7m | Reduced -24.9k |
| Shellback Capital, LP 0.40% of their portfolio | 100.0k $5.5m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 99.0k $5.5m | Reduced -2.2k |
| Northern Right Capital Management, L.P. 2.01% of their portfolio | 98.5k $5.4m | Reduced -7.4k |
| Twin Tree Management, LP 0.16% of their portfolio | 96.8k $5.3m | New |
| Coombe, Bender & Co LLC 2.82% of their portfolio | 86.8k $4.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 85.9k $4.7m | Reduced -17.2k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 85.2k $4.7m | First filing |
| BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. 2.73% of their portfolio | 82.0k $4.5m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 77.3k $4.3m | Added +406 |
| BURNEY CO/ 0.15% of their portfolio | 72.7k $4.0m | Added +5.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 69.8k $3.8m | Reduced -3.6k |
| Quantinno Capital Management LP 0.07% of their portfolio | 69.6k $3.8m | Added +34.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 67.1k $3.7m | Added +61.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 67.0k $3.7m | Reduced -737 |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 64.6k $3.6m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 59.5k $3.3m | Reduced -2.6k |
| Aptus Capital Advisors, LLC 0.06% of their portfolio | 59.4k $3.3m | Added +11.7k |
| Campbell & CO Investment Adviser LLC 0.26% of their portfolio | 55.0k $3.0m | Added +39.4k |
| III Capital Management 0.16% of their portfolio | 53.9k $3.0m | Added +11.7k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 53.8k $3.0m | Reduced -21.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 52.5k $2.9m | Reduced -8.4k |
| ALGERT GLOBAL LLC 0.09% of their portfolio | 50.1k $2.8m | Added +19.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 49.6k $2.7m | Added +8.6k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 48.7k $2.7m | Added +4.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 48.2k $2.7m | Added +13.3k |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 47.5k $2.6m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 47.4k $2.6m | Reduced -8.7k |
| Diametric Capital, LP 1.36% of their portfolio | 45.4k $2.5m | Reduced -8.9k |