CAESARS ENTERTAINMENT INC NE CZR
COM · Common Stock · CUSIP 12769G100 · ISIN US12769G1004
Gaming company based in Reno, Nevada, USA
- SectorConsumer discretionary
- IndustryHotels & Motels
- HeadquartersReno, NV
- Founded1996
- Websitecaesars.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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.95. Options: 34 managers hold calls ($313.3m notional), 29 hold puts ($358.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 460 |
| Q4 2022 | 487 |
| Q1 2023 | 489 |
| Q2 2023 | 507 |
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 | 257 | 231 |
| Q1 2023 | 267 | 212 |
| Q2 2023 | 257 | 230 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $416.5m | $216.9m | 0.52 |
| Q4 2022 | $355.2m | $296.9m | 0.84 |
| Q1 2023 | $298.8m | $290.8m | 0.97 |
| Q2 2023 | $313.3m | $358.8m | 1.15 |
Biggest buyers
| EdgePoint Investment Group Inc. | New | +3.3m |
| MARSHALL WACE, LLP | Added | +1.8m |
| T. Rowe Price Investment Management, Inc. | Added | +1.4m |
| Sequoia Financial Advisors, LLC | New | +1.2m |
| APPALOOSA LP | Added | +810.0k |
| Wolf Hill Capital Management, LP | Added | +682.1k |
| XN LP | Added | +531.7k |
| GOLDMAN SACHS GROUP INC | Added | +382.4k |
| Man Group plc | New | +357.6k |
| STATE STREET CORP | Added | +329.6k |
Biggest sellers
| FMR LLC | Reduced | -17.9m |
| CITADEL ADVISORS LLC | Reduced | -1.8m |
| Atreides Management, LP | Sold out | -1.7m |
| Contrarius Investment Management Ltd | Sold out | -1.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -863.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -834.1k |
| STRS OHIO | Reduced | -755.0k |
| HG Vora Capital Management, LLC | Reduced | -750.0k |
| BlackRock Inc. | Reduced | -705.9k |
| Amundi | Reduced | -693.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $57.8m1.1m shares |
| CITADEL ADVISORS LLC | Added | $56.5m1.1m shares |
| JANE STREET GROUP, LLC | Added | $21.9m429.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $20.8m408.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.7m328.0k shares |
| ExodusPoint Capital Management, LP | New | $14.0m274.4k shares |
| LOCUST WOOD CAPITAL ADVISERS, LLC | Added | $13.8m270.0k shares |
| Twin Tree Management, LP | Unchanged | $13.7m268.9k shares |
| MAPLELANE CAPITAL, LLC | New | $12.7m250.0k shares |
| IMC-Chicago, LLC | Added | $11.2m220.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $69.2m1.4m shares |
| JANE STREET GROUP, LLC | Added | $56.5m1.1m shares |
| CITADEL ADVISORS LLC | Added | $52.1m1.0m shares |
| PEAK6 Investments LLC | Added | $28.4m556.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $24.3m477.0k shares |
| Squarepoint Ops LLC | Added | $21.5m422.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $18.6m364.7k shares |
| Twin Tree Management, LP | Reduced | $18.5m363.4k shares |
| UBS Group AG | New | $10.2m200.0k shares |
| IMC-Chicago, LLC | Added | $8.2m161.4k 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 |
|---|---|
| BlackRock, Inc. 13G · institution +7.1 pts · filed 2025-12-04 | 11.5% |
| Pentwater Capital Management LP 13G · institution new · filed 2026-08-14 | 5.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: Capital World Investors (0.0%, 2026-08-12), COHEN & STEERS, INC. (2.3%, 2026-06-05), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Capital Research Global Investors (4.9%, 2026-02-12)
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 | — | 0 | — | — |
| Q1 2022 | 2 | $1.6m | 2 | $1.1m | — |
| Q2 2022 | 3 | $1.3m | 1 | $140.1k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 1 | $1.1m | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 2 | $1.5m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-14 | Reeg Thomas Chief Executive Officer, director · By Trust | Bought | $370.7k7.5k shares |
| 2023-05-05 | Pegram Michael E Director · By AMT Investments LLC | Bought | $1.1m25.0k 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, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 23.3m $1.2bn | Added +225.9k |
| Capital Research Global Investors 0.29% of their portfolio | 20.9m $1.1bn | Reduced -10.1k |
| BlackRock Inc. 0.02% of their portfolio | 17.3m $883.4m | Reduced -705.9k |
| FMR LLC 0.07% of their portfolio | 15.5m $792.0m | Reduced -17.9m |
| JANUS HENDERSON GROUP PLC 0.37% of their portfolio | 11.7m $594.0m | Added +14.1k |
| Capital World Investors 0.10% of their portfolio | 10.1m $515.0m | Reduced -278.0k |
| STATE STREET CORP 0.02% of their portfolio | 7.9m $401.8m | Added +329.6k |
| HG Vora Capital Management, LLC 13.54% of their portfolio | 6.0m $305.8m | Reduced -750.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 4.7m $236.9m | Added +132.1k |
| LORD, ABBETT & CO. LLC 0.32% of their portfolio | 3.6m $184.9m | Reduced -244.0k |
| Invesco Ltd. 0.04% of their portfolio | 3.4m $171.5m | Added +3.1k |
| EdgePoint Investment Group Inc. 1.51% of their portfolio | 3.3m $167.7m | New |
| T. Rowe Price Investment Management, Inc. 0.11% of their portfolio | 3.1m $157.0m | Added +1.4m |
| MORGAN STANLEY 0.01% of their portfolio | 2.6m $132.1m | Reduced -359.4k |
| NORGES BANK 0.02% of their portfolio | 2.3m $118.4m | Added +28.9k |
| MARSHALL WACE, LLP 0.25% of their portfolio | 2.3m $117.1m | Added +1.8m |
| Wolf Hill Capital Management, LP 9.25% of their portfolio | 2.2m $113.3m | Added +682.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.0m $100.7m | Added +62.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.9m $94.9m | Reduced -79.9k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.90% of their portfolio | 1.8m $93.9m | Added +294.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 1.4m $71.0m | Added +8.7k |
| Point Break Capital Management, LLC 83.48% of their portfolio | 1.3m $67.0m | Reduced -134.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $63.9m | Reduced -1.9k |
| APPALOOSA LP 1.17% of their portfolio | 1.2m $62.9m | Added +810.0k |
| Sequoia Financial Advisors, LLC 1.03% of their portfolio | 1.2m $59.8m | New |
| 140 Summer Partners LP 13.20% of their portfolio | 1.2m $59.5m | Reduced -27.4k |
| BARCLAYS PLC 0.04% of their portfolio | 1.2m $59.0m | Reduced -476.1k |
| Legal & General Group Plc 0.02% of their portfolio | 1.1m $57.7m | Added +4.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.1m $57.3m | Added +179.2k |
| Nut Tree Capital Management, LP 18.23% of their portfolio | 1.1m $56.1m | Unchanged |
| Capital International Investors 0.01% of their portfolio | 1.1m $54.2m | Added +14 |
| EAGLE ASSET MANAGEMENT INC 0.30% of their portfolio | 1.1m $53.7m | Reduced -152.5k |
| Park West Asset Management LLC 4.30% of their portfolio | 964.0k $49.1m | Added +8.3k |
| Hood River Capital Management LLC 1.40% of their portfolio | 925.2k $47.2m | Added +12.3k |
| Capital Advisors, Ltd. LLC 6.74% of their portfolio | 884.7k $45.1m | Added +92.6k |
| VILLERE ST DENIS J & CO LLC 2.98% of their portfolio | 807.4k $41.2m | Added +34.0k |
| DENDUR CAPITAL LP 6.53% of their portfolio | 794.1k $40.5m | Unchanged |
| Swiss National Bank 0.03% of their portfolio | 777.0k $39.6m | Reduced -74.5k |
| Engine Capital Management, LP 9.21% of their portfolio | 743.8k $37.9m | Added +210.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 728.8k $37.1m | Added +382.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 718.8k $36.6m | Reduced -863.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 664.7k $33.9m | Reduced -8.9k |
| Philosophy Capital Management LLC 7.46% of their portfolio | 654.8k $33.4m | Added +3.0k |
| SCP Investment, LP 26.80% of their portfolio | 650.0k $33.1m | Added +50.0k |
| XN LP 3.09% of their portfolio | 633.2k $32.3m | Added +531.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 605.9k $29.6m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 567.8k $28.9m | Added +139.2k |
| Amundi 0.01% of their portfolio | 557.6k $28.2m | Reduced -693.9k |
| 683 Capital Management, LLC 2.73% of their portfolio | 550.0k $28.0m | Added +200.0k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 503.1k $25.6m | Reduced -7.6k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 1.33% of their portfolio | 501.6k $25.6m | Added +154.4k |
| STRS OHIO 0.11% of their portfolio | 490.0k $25.0m | Reduced -755.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 480.6k $24.5m | Added +2.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 470.6k $24.0m | Reduced -81.4k |
| BRIDGER MANAGEMENT, LLC 7.85% of their portfolio | 464.5k $23.7m | Unchanged |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 461.4k $23.5m | Added +179.9k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 452.7k $23.1m | Reduced -356.1k |
| DELTEC ASSET MANAGEMENT LLC 4.89% of their portfolio | 438.7k $22.4m | Added +125.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 433.3k $22.1m | Reduced -473.6k |
| LPL Financial LLC 0.02% of their portfolio | 413.4k $21.1m | Added +62.0k |
| DG Capital Management, LLC 10.79% of their portfolio | 408.5k $20.8m | Added +42.6k |
| Calamos Advisors LLC 0.10% of their portfolio | 396.8k $20.2m | Reduced -37.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 363.9k $18.5m | Added +1.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 358.0k $18.2m | Added +9.0k |
| Man Group plc 0.06% of their portfolio | 357.6k $18.2m | New |
| BAMCO INC /NY/ 0.05% of their portfolio | 347.3k $17.7m | Reduced -486.0k |
| Twin Tree Management, LP 0.36% of their portfolio | 340.3k $17.3m | Added +91.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 338.3k $17.2m | Reduced -7.0k |
| Land & Buildings Investment Management, LLC 3.62% of their portfolio | 337.0k $17.2m | Added +57.5k |
| Weiss Multi-Strategy Advisers LLC 0.36% of their portfolio | 329.3k $16.8m | Added +55.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 325.6k $16.6m | Added +11.4k |
| American Assets Capital Advisers, LLC 4.17% of their portfolio | 324.9k $16.6m | Reduced -35.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.17% of their portfolio | 319.1k $16.3m | Added +252.7k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 301.4k $15.4m | Added +20.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 299.2k $15.3m | Reduced -82.9k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 298.7k $15.2m | Reduced -23.6k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 290.2k $14.8m | Reduced -834.1k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 284.6k $14.5m | Reduced -11.4k |
| Interval Partners, LP 0.72% of their portfolio | 280.8k $14.3m | New |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 275.0k $14.0m | Added +101.9k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 266.7k $13.6m | Reduced -35.4k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 266.4k $13.6m | Added +883 |
| TD Asset Management Inc 0.02% of their portfolio | 265.6k $13.5m | Added +108.6k |
| Lodge Hill Capital, LLC 4.42% of their portfolio | 256.1k $13.1m | Added +51.1k |
| UBS Group AG 0.01% of their portfolio | 254.5k $13.0m | Added +43.8k |
| TWINBEECH CAPITAL LP 0.25% of their portfolio | 252.7k $12.9m | Added +64.4k |
| LONESTAR CAPITAL MANAGEMENT LLC 6.70% of their portfolio | 250.0k $12.7m | New |
| CANTOR FITZGERALD, L. P. 0.28% of their portfolio | 235.2k $12.0m | Unchanged |
| TORONTO DOMINION BANK 0.01% of their portfolio | 230.2k $11.7m | Added +128.4k |
| Shellback Capital, LP 1.04% of their portfolio | 230.0k $11.7m | Reduced -155.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 226.5k $11.5m | Reduced -7.1k |
| Pacer Advisors, Inc. 0.05% of their portfolio | 224.8k $11.5m | Reduced -55.7k |
| OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.82% of their portfolio | 223.8k $11.4m | Added +6.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 223.5k $11.4m | Reduced -2.7k |
| Trexquant Investment LP 0.30% of their portfolio | 220.9k $11.3m | Added +25.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 214.4k $10.9m | Reduced -400 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 207.8k $10.6m | Added +1.0k |
| GAMCO INVESTORS, INC. ET AL 0.11% of their portfolio | 202.1k $10.3m | Added +21.7k |
| CITIGROUP INC 0.01% of their portfolio | 201.0k $10.2m | Reduced -43.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 194.3k $9.9m | Reduced -62.9k |