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 ($15.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.84. Options: 42 managers hold calls ($455.4m notional), 33 hold puts ($327.9m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 460 |
| Q4 2022 | 487 |
| Q1 2023 | 489 |
| Q2 2023 | 507 |
| Q3 2023 | 493 |
| Q4 2023 | 540 |
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 |
| Q3 2023 | 247 | 232 |
| Q4 2023 | 271 | 242 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $298.8m | $290.8m | 0.97 |
| Q2 2023 | $313.3m | $358.8m | 1.15 |
| Q3 2023 | $257.9m | $318.8m | 1.24 |
| Q4 2023 | $455.4m | $327.9m | 0.72 |
Biggest buyers
| MORGAN STANLEY | Added | +3.1m |
| T. Rowe Price Investment Management, Inc. | Added | +3.0m |
| BlackRock Inc. | Added | +1.0m |
| Qube Research & Technologies Ltd | Added | +977.9k |
| Capital World Investors | Added | +916.3k |
| APPALOOSA LP | Added | +725.0k |
| SAMLYN CAPITAL, LLC | New | +603.7k |
| GOLDMAN SACHS GROUP INC | Added | +576.1k |
| JPMORGAN CHASE & CO | Added | +515.2k |
| Shellback Capital, LP | Added | +485.0k |
Biggest sellers
| Capital Research Global Investors | Reduced | -8.7m |
| FMR LLC | Reduced | -3.3m |
| CITADEL ADVISORS LLC | Reduced | -1.6m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.5m |
| MARSHALL WACE, LLP | Reduced | -1.3m |
| EAGLE ASSET MANAGEMENT INC | Sold out | -1.1m |
| Man Group plc | Sold out | -607.2k |
| Nut Tree Capital Management, LP | Reduced | -600.0k |
| Point72 Asset Management, L.P. | Reduced | -583.9k |
| Squarepoint Ops LLC | Reduced | -549.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $79.4m1.7m shares |
| Antara Capital LP | New | $46.9m1.0m shares |
| Governors Lane LP | New | $38.4m820.0k shares |
| CITADEL ADVISORS LLC | Added | $37.7m805.0k shares |
| ExodusPoint Capital Management, LP | Added | $29.0m619.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $25.5m543.9k shares |
| Philosophy Capital Management LLC | New | $23.4m5.0k shares |
| GOLDMAN SACHS GROUP INC | New | $19.1m406.8k shares |
| IMC-Chicago, LLC | Added | $17.8m379.1k shares |
| LOCUST WOOD CAPITAL ADVISERS, LLC | Added | $14.7m312.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $72.6m1.5m shares |
| JANE STREET GROUP, LLC | Added | $67.0m1.4m shares |
| SIMPLEX TRADING, LLC | Added | $28.9m617.5k shares |
| CITADEL ADVISORS LLC | Added | $26.9m574.6k shares |
| PEAK6 Investments LLC | Added | $23.6m503.9k shares |
| UBS Group AG | Reduced | $23.2m494.2k shares |
| IMC-Chicago, LLC | Added | $9.7m207.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $9.7m207.2k shares |
| Squarepoint Ops LLC | Reduced | $8.1m173.6k shares |
| Lombard Odier Asset Management (USA) Corp | New | $7.0m150.0k 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 |
|---|---|
| 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 1 | $1.7m | $1.7m |
| Q4 2023 | 1 | $628.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-11-10 | Pegram Michael E Director · By AMT Investments LLC | Bought | $628.5k15.0k 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 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 23.6m $1.1bn | Added +148.0k |
| BlackRock Inc. 0.02% of their portfolio | 17.4m $814.4m | Added +1.0m |
| Capital Research Global Investors 0.14% of their portfolio | 12.2m $572.7m | Reduced -8.7m |
| Capital World Investors 0.09% of their portfolio | 11.0m $516.8m | Added +916.3k |
| JANUS HENDERSON GROUP PLC 0.26% of their portfolio | 9.4m $439.9m | Reduced -1.5m |
| FMR LLC 0.03% of their portfolio | 9.1m $426.6m | Reduced -3.3m |
| STATE STREET CORP 0.02% of their portfolio | 8.1m $381.6m | Added +281.9k |
| T. Rowe Price Investment Management, Inc. 0.19% of their portfolio | 6.1m $285.7m | Added +3.0m |
| MORGAN STANLEY 0.01% of their portfolio | 5.7m $266.4m | Added +3.1m |
| HG Vora Capital Management, LLC 12.25% of their portfolio | 5.1m $239.1m | Added +100.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 4.9m $227.4m | Added +117.2k |
| EdgePoint Investment Group Inc. 1.74% of their portfolio | 4.3m $200.8m | Added +251.3k |
| Invesco Ltd. 0.04% of their portfolio | 3.8m $179.6m | Added +172.9k |
| LORD, ABBETT & CO. LLC 0.23% of their portfolio | 2.7m $128.8m | Reduced -153.4k |
| APPALOOSA LP 1.86% of their portfolio | 2.2m $105.5m | Added +725.0k |
| NORGES BANK 0.02% of their portfolio | 2.2m $102.2m | Added +49.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.2m $101.5m | Added +112.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.97% of their portfolio | 2.0m $95.7m | Added +133.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.9m $88.9m | Reduced -39.1k |
| Qube Research & Technologies Ltd 0.20% of their portfolio | 1.9m $88.4m | Added +977.9k |
| SCP Investment, LP 29.45% of their portfolio | 1.8m $76.5m | Added +360.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.6m $75.8m | Added +9.2k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.6m $75.1m | Added +576.1k |
| 140 Summer Partners LP 12.24% of their portfolio | 1.5m $71.0m | Added +453.3k |
| Sequoia Financial Advisors, LLC 0.83% of their portfolio | 1.4m $67.2m | Added +387.4k |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 1.4m $66.3m | Added +370.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 1.4m $65.0m | Reduced -10.2k |
| Point Break Capital Management, LLC 78.56% of their portfolio | 1.3m $62.9m | Added +25.0k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 1.3m $61.8m | Reduced -1.6m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $60.6m | Reduced -1.2k |
| Simcoe Capital Management, LLC 7.95% of their portfolio | 1.2m $55.1m | Unchanged |
| Park West Asset Management LLC 5.36% of their portfolio | 1.2m $54.7m | Reduced -191.5k |
| Wolf Hill Capital Management, LP 4.63% of their portfolio | 1.1m $53.8m | Reduced -260.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $51.5m | Added +515.2k |
| DENDUR CAPITAL LP 7.62% of their portfolio | 1.1m $50.2m | Added +276.9k |
| Capital Advisors, Ltd. LLC 7.00% of their portfolio | 1.1m $49.9m | Added +178.9k |
| BAMCO INC /NY/ 0.13% of their portfolio | 1.1m $49.7m | Added +412.6k |
| Hood River Capital Management LLC 1.21% of their portfolio | 940.0k $44.1m | Added +5.0k |
| Capital International Investors 0.01% of their portfolio | 923.3k $43.3m | Reduced -14 |
| Legal & General Group Plc 0.01% of their portfolio | 849.5k $39.8m | Reduced -202.3k |
| Philosophy Capital Management LLC 7.59% of their portfolio | 801.4k $37.6m | Added +146.6k |
| Engine Capital Management, LP 6.02% of their portfolio | 779.1k $36.5m | Added +83.6k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 744.6k $34.9m | Added +423.2k |
| BARCLAYS PLC 0.02% of their portfolio | 729.1k $34.2m | Added +236.7k |
| VILLERE ST DENIS J & CO LLC 2.81% of their portfolio | 726.5k $34.1m | Reduced -30.7k |
| LOCUST WOOD CAPITAL ADVISERS, LLC 1.43% of their portfolio | 717.7k $33.6m | Added +23.0k |
| STRS OHIO 0.13% of their portfolio | 676.7k $31.7m | Added +168.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 676.2k $31.7m | Added +211.6k |
| Swiss National Bank 0.02% of their portfolio | 673.2k $31.6m | Reduced -19.0k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 667.0k $31.9m | Added +461.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 663.5k $31.1m | Reduced -4.2k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 650.7k $30.5m | Added +380.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 615.9k $28.9m | Added +107.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 615.9k $28.9m | Reduced -58.5k |
| Vision One Management Partners, LP 17.11% of their portfolio | 613.4k $28.8m | First filing |
| SAMLYN CAPITAL, LLC 0.61% of their portfolio | 603.7k $28.3m | New |
| ExodusPoint Capital Management, LP 0.33% of their portfolio | 561.1k $26.3m | Added +63.4k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 552.0k $25.9m | Reduced -583.9k |
| Shellback Capital, LP 2.26% of their portfolio | 550.0k $25.8m | Added +485.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 534.7k $25.2m | Added +412.6k |
| Amundi 0.01% of their portfolio | 532.2k $24.4m | Reduced -38.5k |
| Nut Tree Capital Management, LP 7.60% of their portfolio | 500.0k $23.4m | Reduced -600.0k |
| TD Asset Management Inc 0.02% of their portfolio | 489.6k $23.0m | Added +224.6k |
| UBS Group AG 0.01% of their portfolio | 467.7k $21.9m | Added +190.5k |
| DG Capital Management, LLC 14.00% of their portfolio | 452.8k $21.2m | Added +36.8k |
| Man Group plc 0.06% of their portfolio | 450.5k $21.1m | New |
| Blackstone Inc. 0.10% of their portfolio | 450.0k $21.1m | Reduced -300.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 449.3k $21.1m | Reduced -10.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 433.7k $20.3m | Reduced -155.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 429.1k $20.1m | Reduced -46.6k |
| BRIDGER MANAGEMENT, LLC 7.69% of their portfolio | 427.9k $20.1m | Unchanged |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 414.0k $19.4m | Reduced -11.6k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 411.3k $19.4m | Added +121.5k |
| DELTEC ASSET MANAGEMENT LLC 4.08% of their portfolio | 386.3k $18.1m | Reduced -5.7k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 1.58% of their portfolio | 377.3k $17.7m | New |
| JAT Capital Mgmt LP 3.30% of their portfolio | 373.0k $17.5m | New |
| MARSHALL WACE, LLP 0.03% of their portfolio | 364.0k $17.1m | Reduced -1.3m |
| California Public Employees Retirement System 0.01% of their portfolio | 360.7k $16.9m | Reduced -12.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 359.6k $16.9m | Reduced -8.9k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 358.4k $16.8m | Added +79.1k |
| Kanen Wealth Management LLC 11.55% of their portfolio | 352.0k $16.5m | Added +255.1k |
| WCM INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 334.3k $16.0m | Added +28.6k |
| Calamos Advisors LLC 0.08% of their portfolio | 334.1k $15.7m | Reduced -2.6k |
| Lodge Hill Capital, LLC 6.84% of their portfolio | 331.1k $15.5m | Added +25.0k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 331.1k $15.5m | Added +82.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 320.3k $15.0m | Reduced -1.4k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 312.3k $14.6m | Reduced -5.1k |
| 683 Capital Management, LLC 1.45% of their portfolio | 310.0k $14.5m | Reduced -65.0k |
| MAPLELANE CAPITAL, LLC 1.68% of their portfolio | 310.0k $14.5m | New |
| TWINBEECH CAPITAL LP 0.23% of their portfolio | 309.9k $14.5m | Reduced -34.2k |
| Retirement Systems of Alabama 0.06% of their portfolio | 309.5k $14.5m | Added +260.9k |
| American Assets Capital Advisers, LLC 4.03% of their portfolio | 303.8k $14.2m | Added +3.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 290.9k $13.6m | Added +142.7k |
| Contrarius Investment Management Ltd 0.71% of their portfolio | 280.5k $13.1m | New |
| Candlestick Capital Management LP 0.41% of their portfolio | 271.7k $12.7m | New |
| Cubist Systematic Strategies, LLC 0.15% of their portfolio | 264.0k $12.4m | Added +263.4k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 259.8k $12.4m | Added +190.5k |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 255.9k $12.0m | Added +233.3k |
| LONESTAR CAPITAL MANAGEMENT LLC 8.57% of their portfolio | 250.0k $11.7m | Added +25.0k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 248.4k $11.6m | Reduced -50.5k |