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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.40. Options: 33 managers hold calls ($423.1m notional), 22 hold puts ($241.1m).
Trends to Q4 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 |
| Q2 2025 | 453 |
| Q3 2025 | 445 |
| Q4 2025 | 376 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 267 | 271 |
| Q2 2024 | 276 | 252 |
| Q3 2024 | 254 | 261 |
| Q4 2024 | 224 | 269 |
| Q1 2025 | 261 | 230 |
| Q2 2025 | 253 | 211 |
| Q3 2025 | 248 | 226 |
| Q4 2025 | 170 | 274 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $249.7m | $259.1m | 1.04 |
| Q2 2025 | $258.5m | $423.6m | 1.64 |
| Q3 2025 | $257.0m | $503.0m | 1.96 |
| Q4 2025 | $423.1m | $241.1m | 0.57 |
Biggest buyers
| BlackRock, Inc. | Added | +12.2m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +4.9m |
| MORGAN STANLEY | Added | +3.9m |
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | +3.2m |
| MUFG Securities EMEA plc | New | +2.8m |
| Assenagon Asset Management S.A. | Added | +2.5m |
| UBS Group AG | Added | +2.1m |
| JUPITER ASSET MANAGEMENT LTD | New | +1.4m |
| DEUTSCHE BANK AG\ | Added | +1.2m |
| Long Focus Capital Management, LLC | Added | +1.1m |
Biggest sellers
| Capital Research Global Investors | Reduced | -5.4m |
| HG Vora Capital Management, LLC | Sold out | -3.5m |
| APPALOOSA LP | Sold out | -2.1m |
| Nut Tree Capital Management, LP | Sold out | -2.0m |
| Progeny 3, Inc. | Sold out | -1.9m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.6m |
| COHEN & STEERS, INC. | Reduced | -1.4m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.2m |
| Verition Fund Management LLC | Reduced | -1.2m |
| JPMORGAN CHASE & CO | Reduced | -929.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $83.9m3.6m shares |
| Caption Management, LLC | Added | $72.7m3.1m shares |
| JANE STREET GROUP, LLC | Added | $43.8m1.9m shares |
| CITADEL ADVISORS LLC | Added | $43.6m1.9m shares |
| Diameter Capital Partners LP | New | $35.1m1.5m shares |
| DEUTSCHE BANK AG\ | New | $23.4m1.0m shares |
| IMC-Chicago, LLC | Added | $21.0m897.8k shares |
| Walleye Trading LLC | Added | $13.0m556.4k shares |
| Squarepoint Ops LLC | Reduced | $12.4m529.4k shares |
| Long Focus Capital Management, LLC | Unchanged | $11.7m500.5k shares |
Biggest puts
| IMC-Chicago, LLC | Reduced | $50.1m2.1m shares |
| CITADEL ADVISORS LLC | Reduced | $48.1m2.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $38.6m1.6m shares |
| D. E. Shaw & Co., Inc. | Added | $25.9m1.1m shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $13.9m595.4k shares |
| JANE STREET GROUP, LLC | Reduced | $9.2m394.7k shares |
| Point72 Asset Management, L.P. | Added | $7.5m321.4k shares |
| Caption Management, LLC | Reduced | $6.1m260.0k shares |
| Qube Research & Technologies Ltd | Added | $5.4m229.8k shares |
| UBS Group AG | Unchanged | $4.4m190.0k 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $18.7k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-10-31 | Biumi Bonnie Director | Bought | $18.7k1.0k 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 25.2m $589.4m | Added +12.2m |
| VANGUARD GROUP INC 0.01% of their portfolio | 20.4m $476.9m | Reduced -320.3k |
| Capital World Investors 0.05% of their portfolio | 15.5m $363.7m | Reduced -644.1k |
| COHEN & STEERS, INC. 0.58% of their portfolio | 13.6m $319.1m | Reduced -1.4m |
| Capital Research Global Investors 0.04% of their portfolio | 9.9m $231.9m | Reduced -5.4m |
| MORGAN STANLEY 0.01% of their portfolio | 7.1m $167.0m | Added +3.9m |
| STATE STREET CORP 0.01% of their portfolio | 6.6m $154.4m | Added +119.4k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 6.2m $144.4m | Reduced -1.2m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 5.7m $133.7m | Reduced -151.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.20% of their portfolio | 4.9m $115.5m | Added +4.9m |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 4.8m $111.7m | Reduced -1.6m |
| DAVENPORT & Co LLC 0.55% of their portfolio | 4.3m $101.8m | Added +18.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.6m $84.3m | Reduced -71.6k |
| Assenagon Asset Management S.A. 0.11% of their portfolio | 3.3m $76.6m | Added +2.5m |
| NORGES BANK 0.01% of their portfolio | 3.3m $76.0m | Not comparable |
| COOPER CREEK PARTNERS MANAGEMENT LLC 3.51% of their portfolio | 3.2m $74.2m | New |
| UBS Group AG 0.01% of their portfolio | 3.2m $74.1m | Added +2.1m |
| MUFG Securities EMEA plc 0.76% of their portfolio | 2.8m $65.5m | New |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 2.7m $64.2m | Added +573.5k |
| Long Focus Capital Management, LLC 3.16% of their portfolio | 2.7m $63.4m | Added +1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.5m $59.0m | Added +68.9k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 2.5m $57.9m | Added +1.2m |
| ICAHN CARL C 0.68% of their portfolio | 2.4m $57.1m | Unchanged |
| Hein Park Capital Management LP 100.00% of their portfolio | 2.3m $54.3m | Unchanged |
| OSSIAM 0.92% of their portfolio | 2.0m $45.9m | Added +80.2k |
| NOMURA HOLDINGS INC 0.12% of their portfolio | 1.8m $41.9m | Reduced -598.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.7m $39.7m | Reduced -46.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.7m $38.6m | Reduced -10.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 1.6m $37.4m | Added +524.4k |
| MIZUHO MARKETS AMERICAS LLC 0.80% of their portfolio | 1.6m $37.4m | Added +1.0m |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 1.6m $36.6m | Added +680.6k |
| Alyeska Investment Group, L.P. 0.10% of their portfolio | 1.5m $35.1m | Reduced -446.7k |
| Long Pond Capital, LP 4.07% of their portfolio | 1.5m $34.6m | Added +520.2k |
| JUPITER ASSET MANAGEMENT LTD 0.27% of their portfolio | 1.4m $33.3m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio | 1.3m $31.5m | Added +943.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.3m $30.8m | Added +39.7k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 1.2m $29.4m | Reduced -497.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.2m $29.0m | Reduced -279.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $28.5m | Reduced -929.4k |
| Quaker Capital Investments, LLC 6.88% of their portfolio | 1.1m $26.7m | Added +57.3k |
| Philosophy Capital Management LLC 3.01% of their portfolio | 1.1m $25.7m | Reduced -641.7k |
| SG Americas Securities, LLC 0.03% of their portfolio | 1.1m $25.7m | Added +419.6k |
| Arini Capital Management Ltd 16.96% of their portfolio | 1.1m $25.5m | First filing |
| GAMCO INVESTORS, INC. ET AL 0.24% of their portfolio | 1.1m $25.0m | Added +68.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.1m $24.8m | Added +43.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 1.0m $24.4m | Added +75.5k |
| Point Break Capital Management, LLC 21.44% of their portfolio | 1.0m $24.2m | First filing |
| Invesco Ltd. 0.00% of their portfolio | 995.2k $23.3m | Added +112.7k |
| VILLERE ST DENIS J & CO LLC 2.30% of their portfolio | 979.4k $22.9m | Reduced -59.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 969.8k $22.7m | Reduced -730.6k |
| NATIXIS 0.09% of their portfolio | 950.4k $22.2m | Reduced -14.2k |
| Terril Brothers, Inc. 5.30% of their portfolio | 864.1k $20.2m | New |
| READYSTATE ASSET MANAGEMENT LP 0.88% of their portfolio | 853.1k $20.0m | Added +245.7k |
| Diameter Capital Partners LP 2.08% of their portfolio | 850.0k $19.9m | New |
| Engine Capital Management, LP 2.70% of their portfolio | 835.2k $19.5m | Reduced -73.9k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 800.0k $18.7m | Added +9 |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 773.3k $18.1m | Reduced -13.2k |
| Penn Capital Management Company, LLC 1.42% of their portfolio | 759.8k $17.8m | Added +158.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 747.0k $17.5m | Added +385.8k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 706.4k $16.5m | Reduced -104.9k |
| Solel Partners LP 2.63% of their portfolio | 693.9k $16.2m | Reduced -86.9k |
| BARCLAYS PLC 0.01% of their portfolio | 672.0k $15.7m | Reduced -193.9k |
| Jefferies Financial Group Inc. 0.12% of their portfolio | 646.1k $15.1m | Added +609.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 633.7k $14.8m | Reduced -128.8k |
| Gotham Asset Management, LLC 0.05% of their portfolio | 615.4k $14.4m | Added +59.2k |
| SCP Investment, LP 11.56% of their portfolio | 605.0k $14.2m | Added +55.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 573.7k $13.4m | Added +102.7k |
| Susquehanna Portfolio Strategies, LLC 0.19% of their portfolio | 525.2k $12.3m | New |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.13% of their portfolio | 522.4k $12.2m | Reduced -830.6k |
| Amundi 0.00% of their portfolio | 520.4k $12.2m | Added +434.6k |
| LMR Partners LLP 0.11% of their portfolio | 505.7k $11.8m | New |
| Legal & General Group Plc 0.00% of their portfolio | 496.6k $11.6m | Reduced -29.8k |
| FMR LLC 0.00% of their portfolio | 493.8k $11.5m | Reduced -334.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 480.3k $11.2m | Added +86.7k |
| Contrarius Group Holdings Ltd 0.49% of their portfolio | 433.8k $10.1m | Added +2.2k |
| REDWOOD CAPITAL MANAGEMENT, LLC 1.05% of their portfolio | 420.0k $9.8m | Added +100.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.65% of their portfolio | 415.6k $9.7m | Added +229.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 413.8k $9.9m | Reduced -687 |
| Swiss National Bank 0.01% of their portfolio | 389.6k $9.1m | Added +6.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 386.9k $9.0m | Reduced -15.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 375.7k $8.8m | Reduced -7.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 370.4k $8.7m | Reduced -62.1k |
| OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.44% of their portfolio | 364.4k $8.5m | Reduced -14.6k |
| Vision One Management Partners, LP 4.77% of their portfolio | 363.4k $8.5m | Reduced -300.0k |
| California Public Employees Retirement System 0.00% of their portfolio | 362.8k $8.5m | Reduced -16.0k |
| Union Square Park Capital Management, LLC 6.22% of their portfolio | 340.0k $8.0m | Unchanged |
| ING GROEP NV 0.05% of their portfolio | 334.0k $7.8m | Reduced -265.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 320.3k $7.5m | Reduced -210.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 313.4k $7.3m | Reduced -169.9k |
| Quantinno Capital Management LP 0.01% of their portfolio | 313.0k $7.3m | Added +219.0k |
| South Dakota Investment Council 0.14% of their portfolio | 310.0k $7.3m | Added +5.4k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.12% of their portfolio | 308.5k $7.2m | Added +73.5k |
| Pekin Hardy Strauss, Inc. 0.66% of their portfolio | 304.1k $7.1m | Added +39.4k |
| Interval Partners, LP 0.17% of their portfolio | 303.7k $7.1m | New |
| Nuveen, LLC 0.00% of their portfolio | 284.4k $6.7m | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 276.9k $6.5m | Added +46.7k |
| CARRONADE CAPITAL MANAGEMENT, LP 0.55% of their portfolio | 257.2k $6.0m | Added +9.0k |
| 683 Capital Management, LLC 0.47% of their portfolio | 244.0k $5.7m | Added +54.0k |
| GABELLI FUNDS LLC 0.04% of their portfolio | 235.1k $5.5m | Added +39.4k |
| Venator Management LLC 1.23% of their portfolio | 234.0k $5.5m | Reduced -27.6k |