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 ($4.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.97. Options: 44 managers hold calls ($249.7m notional), 33 hold puts ($259.1m).
Trends to Q1 2025
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 |
| Q1 2024 | 520 |
| Q2 2024 | 497 |
| Q3 2024 | 504 |
| Q4 2024 | 488 |
| Q1 2025 | 460 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 257 | 230 |
| Q3 2023 | 247 | 232 |
| Q4 2023 | 271 | 242 |
| Q1 2024 | 267 | 271 |
| Q2 2024 | 276 | 252 |
| Q3 2024 | 254 | 261 |
| Q4 2024 | 224 | 269 |
| Q1 2025 | 261 | 230 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $365.0m | $242.8m | 0.67 |
| Q3 2024 | $585.6m | $325.2m | 0.56 |
| Q4 2024 | $424.1m | $344.7m | 0.81 |
| Q1 2025 | $249.7m | $259.1m | 1.04 |
Biggest buyers
| DAVENPORT & Co LLC | Added | +3.2m |
| MORGAN STANLEY | Added | +2.8m |
| Hein Park Capital Management LP | New | +2.4m |
| HG Vora Capital Management, LLC | Added | +1.6m |
| Duquesne Family Office LLC | New | +1.5m |
| ROYAL BANK OF CANADA | Added | +1.5m |
| Contrarius Group Holdings Ltd | Added | +1.5m |
| Nut Tree Capital Management, LP | New | +1.3m |
| CARRONADE CAPITAL MANAGEMENT, LP | New | +1.3m |
| Invesco Ltd. | Added | +1.3m |
Biggest sellers
| NOMURA HOLDINGS INC | Reduced | -2.8m |
| SAMLYN CAPITAL, LLC | Sold out | -2.5m |
| Assenagon Asset Management S.A. | Reduced | -2.1m |
| T. Rowe Price Investment Management, Inc. | Sold out | -1.6m |
| 140 Summer Partners LP | Sold out | -1.3m |
| Jefferies Financial Group Inc. | Reduced | -1.3m |
| BARCLAYS PLC | Reduced | -1.3m |
| Park West Asset Management LLC | Sold out | -1.1m |
| GOLDENTREE ASSET MANAGEMENT LP | Sold out | -899.5k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Reduced | -863.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $45.4m1.8m shares |
| CITADEL ADVISORS LLC | Reduced | $25.0m1.0m shares |
| JANE STREET GROUP, LLC | Reduced | $21.0m840.3k shares |
| Philosophy Capital Management LLC | Added | $18.9m7.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.9m554.7k shares |
| BARCLAYS PLC | New | $13.0m519.0k shares |
| Nantahala Capital Management, LLC | Added | $12.5m500.0k shares |
| IMC-Chicago, LLC | Reduced | $9.7m388.9k shares |
| Nishkama Capital, LLC | New | $9.5m380.0k shares |
| Park West Asset Management LLC | New | $7.5m300.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $60.6m2.4m shares |
| CITADEL ADVISORS LLC | Added | $50.3m2.0m shares |
| JANE STREET GROUP, LLC | Added | $26.9m1.1m shares |
| D. E. Shaw & Co., Inc. | Added | $16.0m638.6k shares |
| SIMPLEX TRADING, LLC | Added | $13.0m518.5k shares |
| PEAK6 LLC | Added | $12.1m482.6k shares |
| Parallax Volatility Advisers, L.P. | Added | $11.9m474.6k shares |
| IMC-Chicago, LLC | Added | $8.4m336.3k shares |
| Twin Tree Management, LP | Reduced | $7.5m298.9k shares |
| Squarepoint Ops LLC | Reduced | $7.4m296.1k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 2 | $1.5m | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $1.7m | $1.7m |
| Q4 2023 | 1 | $628.5k | 0 | — | — |
| Q1 2024 | 1 | $621.8k | 0 | — | — |
| Q2 2024 | 2 | $1.8m | 1 | $325.2k | — |
| Q3 2024 | 0 | — | 1 | $24.1k | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 2 | $169.7k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-07 | KORNSTEIN DON R Director | Bought | $108.0k4.0k shares |
| 2025-03-03 | TOMICK DAVID P Director · By Spouse | Bought | $61.7k1.9k shares |
| 2025-03-03 | TOMICK DAVID P Director | Bought | $61.7k1.9k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 23.5m $588.7m | Added +184.0k |
| Capital Research Global Investors 0.11% of their portfolio | 19.9m $497.2m | Added +72.6k |
| BlackRock, Inc. 0.01% of their portfolio | 15.4m $386.2m | Added +231.4k |
| COHEN & STEERS, INC. 0.69% of their portfolio | 15.0m $375.8m | Added +448.2k |
| Capital World Investors 0.05% of their portfolio | 12.5m $311.4m | Added +1.4k |
| JANUS HENDERSON GROUP PLC 0.11% of their portfolio | 7.9m $203.5m | Added +826.4k |
| STATE STREET CORP 0.01% of their portfolio | 7.5m $187.7m | Reduced -166.1k |
| Invesco Ltd. 0.03% of their portfolio | 6.8m $170.6m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.4m $135.1m | Added +135.4k |
| MORGAN STANLEY 0.01% of their portfolio | 4.9m $123.4m | Added +2.8m |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 4.9m $122.7m | Added +716.9k |
| HG Vora Capital Management, LLC 9.96% of their portfolio | 3.9m $97.5m | Added +1.6m |
| FRONTIER CAPITAL MANAGEMENT CO LLC 1.04% of their portfolio | 3.8m $95.2m | Added +150.0k |
| FMR LLC 0.01% of their portfolio | 3.5m $87.9m | Added +559.8k |
| DAVENPORT & Co LLC 0.52% of their portfolio | 3.5m $87.4m | Added +3.2m |
| NORGES BANK 0.01% of their portfolio | 2.7m $67.5m | Added +453.9k |
| ICAHN CARL C 0.81% of their portfolio | 2.4m $61.0m | Unchanged |
| Contrarius Group Holdings Ltd 4.14% of their portfolio | 2.4m $60.6m | Added +1.5m |
| Hein Park Capital Management LP 33.29% of their portfolio | 2.4m $60.5m | New |
| UBS Group AG 0.01% of their portfolio | 2.2m $56.0m | Added +1.3m |
| APPALOOSA LP 0.99% of their portfolio | 2.2m $55.0m | Unchanged |
| Philosophy Capital Management LLC 7.07% of their portfolio | 2.1m $53.1m | Added +86.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.9m $48.4m | Added +58.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.8m $45.8m | Added +1.5m |
| LOCUST WOOD CAPITAL ADVISERS, LLC 1.60% of their portfolio | 1.8m $45.7m | Added +138.1k |
| ING GROEP NV 0.31% of their portfolio | 1.8m $45.4m | Added +745.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.8m $43.8m | Added +40.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.7m $43.6m | Reduced -25.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.6m $40.0m | Added +1.2m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $39.2m | Added +868.4k |
| Duquesne Family Office LLC 1.30% of their portfolio | 1.5m $38.7m | New |
| DENDUR CAPITAL LP 4.59% of their portfolio | 1.5m $37.6m | Unchanged |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.20% of their portfolio | 1.5m $37.1m | Reduced -28.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $35.8m | Added +187.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $33.4m | Added +30.7k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.3m $32.9m | Added +108.9k |
| Nut Tree Capital Management, LP 10.70% of their portfolio | 1.3m $32.8m | New |
| Progeny 3, Inc. 2.25% of their portfolio | 1.3m $32.8m | Unchanged |
| CARRONADE CAPITAL MANAGEMENT, LP 3.40% of their portfolio | 1.3m $21.1m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.2m $31.0m | First filing |
| Long Focus Capital Management, LLC 2.07% of their portfolio | 1.2m $30.5m | Added +363.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.2m $30.2m | Reduced -70.4k |
| Sequoia Financial Advisors, LLC 0.23% of their portfolio | 1.2m $30.1m | New |
| Helikon Investments Ltd 2.23% of their portfolio | 1.2m $29.1m | Reduced -250.5k |
| Solel Partners LP 5.29% of their portfolio | 1.1m $28.6m | New |
| Amundi 0.01% of their portfolio | 1.1m $26.4m | Added +428.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 934.0k $23.4m | Added +809.5k |
| Engine Capital Management, LP 4.31% of their portfolio | 909.1k $22.7m | Unchanged |
| SEI INVESTMENTS CO 0.03% of their portfolio | 883.8k $22.1m | Reduced -24.9k |
| Retirement Systems of Alabama 0.08% of their portfolio | 849.3k $21.2m | Added +377.5k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 847.0k $21.2m | Added +448.6k |
| Capital Advisors, Ltd. LLC 2.75% of their portfolio | 835.4k $20.9m | Added +23 |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 831.2k $20.8m | Added +6.2k |
| VILLERE ST DENIS J & CO LLC 1.95% of their portfolio | 808.6k $20.2m | Added +4.4k |
| PECONIC PARTNERS LLC 1.03% of their portfolio | 804.8k $20.1m | Added +300.0k |
| Quaker Capital Investments, LLC 6.00% of their portfolio | 743.0k $18.6m | Added +372.7k |
| DG Capital Management, LLC 9.83% of their portfolio | 722.0k $18.0m | Added +696.4k |
| Long Pond Capital, LP 1.13% of their portfolio | 681.2k $17.0m | Added +238.9k |
| Vision One Management Partners, LP 9.59% of their portfolio | 663.4k $16.6m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 663.0k $16.6m | Added +130.1k |
| MONTANOVA CAPITAL, LLC 0.66% of their portfolio | 652.5k $16.3m | Reduced -119.9k |
| BARCLAYS PLC 0.01% of their portfolio | 649.7k $16.2m | Reduced -1.3m |
| Sea Cliff Partners Management, LP 5.63% of their portfolio | 626.9k $15.7m | New |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 622.0k $15.6m | Reduced -181.1k |
| SCP Investment, LP 13.11% of their portfolio | 615.0k $15.4m | Unchanged |
| MIZUHO MARKETS AMERICAS LLC 0.33% of their portfolio | 600.0k $15.0m | New |
| STRS OHIO 0.06% of their portfolio | 581.4k $14.5m | Reduced -78.6k |
| NATIXIS 0.09% of their portfolio | 578.0k $14.5m | Added +82.7k |
| CITIGROUP INC 0.01% of their portfolio | 545.1k $13.6m | Added +6.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 506.6k $12.7m | Added +3.2k |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 499.4k $12.5m | Added +122.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 441.2k $11.0m | Added +172.6k |
| Nuveen, LLC 0.00% of their portfolio | 433.1k $10.8m | First filing |
| Rovida Advisors Inc. 7.96% of their portfolio | 425.0k $10.6m | Added +25.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 424.4k $10.6m | Added +118.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 416.5k $10.2m | Reduced -15.8k |
| Venator Management LLC 3.09% of their portfolio | 414.3k $10.4m | Added +9.9k |
| Swiss National Bank 0.01% of their portfolio | 411.7k $10.3m | Reduced -13.8k |
| Kanen Wealth Management LLC 3.79% of their portfolio | 376.8k $9.4m | Reduced -1.7k |
| 683 Capital Management, LLC 0.95% of their portfolio | 375.0k $9.4m | Added +73.1k |
| Legal & General Group Plc 0.00% of their portfolio | 370.8k $9.3m | Added +72.2k |
| BW Gestao de Investimentos Ltda. 1.03% of their portfolio | 364.1k $9.1m | Added +130.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 362.6k $9.1m | Reduced -74.2k |
| HRT FINANCIAL LP 0.06% of their portfolio | 357.9k $8.9m | Added +62.0k |
| Hudson Bay Capital Management LP 0.06% of their portfolio | 350.1k $8.8m | Reduced -147.9k |
| Parallax Volatility Advisers, L.P. 0.28% of their portfolio | 346.8k $8.7m | Added +346.8k |
| OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.50% of their portfolio | 346.4k $8.7m | Added +14.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 333.7k $8.3m | Reduced -6.5k |
| REDWOOD CAPITAL MANAGEMENT, LLC 1.19% of their portfolio | 320.0k $8.0m | Unchanged |
| Verition Fund Management LLC 0.05% of their portfolio | 318.9k $8.0m | Added +296.7k |
| READYSTATE ASSET MANAGEMENT LP 0.40% of their portfolio | 316.9k $7.9m | Added +251.5k |
| Private Wealth Partners, LLC 0.63% of their portfolio | 304.8k $7.6m | Added +10.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 303.3k $7.6m | Added +812 |
| Think Investments LP 1.46% of their portfolio | 300.0k $7.5m | Unchanged |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 299.4k $7.5m | Added +263.8k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 286.1k $7.1m | Reduced -22.3k |
| Union Square Park Capital Management, LLC 7.70% of their portfolio | 280.0k $7.0m | Added +135.0k |
| COMERICA BANK 0.03% of their portfolio | 267.0k $6.7m | Added +3.4k |
| BRIDGER MANAGEMENT, LLC 3.29% of their portfolio | 264.7k $6.6m | Added +117.1k |
| Holocene Advisors, LP 0.02% of their portfolio | 250.9k $6.3m | Added +49.5k |