Bridger Management increases stake in Boyd Gaming

| By iGB Editorial Team
Investment management firm Bridger Management has acquired an additional 258,740 shares in Boyd Gaming during the final quarter of 2015, increasing the value of its total stake in the company to $10.2 million (€8.9 million).

Investment management firm Bridger Management has acquired an additional 258,740 shares in Boyd Gaming during the final quarter of 2015, increasing the value of its total stake in the company to $10.2 million (€8.9 million).

As a result of the latest acquisition, Boyd now makes up approximately 0.67% of Bridger’s entire portfolio.

Aside from Bridger, a number of other hedge funds also increased their stakes in Boyd during the three-month period.

Guggenheim Capital boosted its stake by an additional 86,286, while Panagora Asset Management purchased 15,725 additional shares to boost its total stake to 181,585 shares.

Mckinley Capital Management Delaware and Vanguard Group also boosted their stakes, while Oxford Asset opted to reduce its stake in the company by offloading 100,871 shares.

Related article: Boyd Gaming targets further success after 2015 growth

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