Caesars Entertainment Inc (CZR) Smart Money Holdings (13F, Q2 2026)

CZR ranks #1430 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

CZR is a top-conviction position for Hein Park Capital Management LP — at 64.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in CZR belongs to BlackRock, Inc., but the position matters far more to Hein Park Capital Management LP, who has 64.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

GAMMA Investing LLC has added to its CZR position for two straight quarters, increasing it by $104.6K to reach $304.7K today.

State of Alaska, Department of Revenue has trimmed its CZR position for two straight quarters, cutting it by $1.7M while still holding $1.0M.

CZR is down 1.5% today, but institutions show net buying of $1.4B this quarter — a divergence between today's price move and the underlying institutional flow.

CZR reported a net loss of $465.0M over the trailing twelve months.

• Not yet profitable — net loss of $465.0M over the trailing twelve months
• Revenue grew 2.4% year over year
• Net income declined year over year, from -$195.0M to -$465.0M
• Generated $1.3B in positive operating cash flow
• Current ratio of 0.80x — below the conventional 1.5x liquidity buffer
• Liabilities run 7.58x equity — a highly leveraged balance sheet worth noting