Golden Entertainment

GDEN • NASDAQ

Golden Entertainment is a gambling, resorts & casinos company in the consumer cyclical sector on NASDAQ, led by Blake L. Sartini, with a market cap of $738.4M. As of Q3 2025, 75% of shares are held by 153 institutional investors, with BlackRock, Inc. as the largest holder at 12.04%.

Chief Executive OfficerBlake L. Sartini

Market Cap$738.4M

Gambling, Resorts & Casinos

Consumer Cyclical

Employees6.4K

Websitegoldenent.com

Country

United States of America

Overview

Overview of institutional ownership in GDEN as of Q3 2025 with a market cap of $616.8M

All Institutions

Institutions: 153
Value Held: $461.3M
Shares Held: 19.1M
Avg Position: $3.0M
Median Position: $358.9K

Hedge Funds

Hedge Funds: 20
Value Held: $37.5M
Shares Held: 1.6M
Avg Position: $1.9M
Median Position: $831.6K

Ownership Breakdown

Institutional (non-HF)

68.71%

$423.8M

Hedge Funds

6.08%

$37.5M

Retail & Other

25.21%

$155.5M

Based on market cap of $616.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in GDEN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$74.3M 0.00% of portfolio	12.04% 3.2M shares	Q2 2016 Held for 9y 5m	$5.67T
DAVENPORT & Co LLC RIA/Wealth	Irving Lee Iv Chapman CEO	$35.7M 0.19% of portfolio	5.82% 1.5M shares	Q2 2024 Held for 1y 5m	$18.6B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$33.3M 0.00% of portfolio	5.40% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
G GAMCO INVESTORS, INC. ET AL Institution	-	$21.2M 0.21% of portfolio	3.44% 901.1K shares	≤ Q2 2013 Held for 12y 5m+	$10.3B
D DEPRINCE RACE & ZOLLO INC Long Only Manager	Jr. Victor Zollo CEO	$19.8M 0.39% of portfolio	3.21% 839.5K shares	Q4 2024 Held for 11 months	$5.0B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$17.7M 0.00% of portfolio	2.84% 741.7K shares	Q2 2016 Held for 9y 5m	$2.88T
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	Pamela Marie Lawrence President	$16.0M 1.23% of portfolio	2.59% 677.3K shares	Q2 2018 Held for 7y 5m	$1.3B
Sequoia Financial Advisors, LLC RIA/Wealth	Thomas Arthur Haught CEO	$15.8M 0.10% of portfolio	2.56% 670.1K shares	Q3 2023 Held for 2y 2m	$16.4B
H Hill Path Capital LP Private Equity	Scott Ian Ross Managing Partner	$15.5M 0.76% of portfolio	2.51% 655.6K shares	Q4 2020 Held for 4y 11m	$2.0B
C Colony Group, LLC Institution	-	$14.3M 0.02% of portfolio	0.38% 100.5K shares	Q3 2025 Held for 2 months	$61.0B

Net Capital Flow

Institutional buying and selling activity for GDEN in Q3 2025

Traded: +$15.7M
Buyers: 76
Sellers: 91
Total Bought: +$47.1M
Total Sold: −$31.4M
Avg Position: $2.5M

Biggest Buyers

Institution	Net Bought	Current Position
C Colony Group, LLC Institution	+$14.3M +100.5K shares	$14.3M 100.5K shares
MORGAN STANLEY RIA/Wealth	+$3.8M +163.2K shares	$7.9M 336.1K shares
BERNZOTT CAPITAL ADVISORS RIA/Wealth	+$2.8M +119.6K shares	$7.9M 336.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$2.0M +85.1K shares	$4.5M 190.5K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$2.0M +84.9K shares	$2.2M 94.9K shares
S Seven Six Capital Management, LLC Institution	+$1.8M +76.1K shares	$1.8M 76.1K shares
Trexquant Investment LP Hedge Fund•Quant	+$1.8M +75.7K shares	$2.8M 117.5K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$1.5M +62.5K shares	$7.4M 315.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$1.3M +55.5K shares	$1.3M 55.5K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$1.3M +54.3K shares	$3.5M 149.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
JENNISON ASSOCIATES LLC Long Only Manager	−$5.1M −215.1K shares	$7.8M 328.9K shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	−$3.7M −155.1K shares	$9.3M 395.5K shares
Phocas Financial Corp. Long Only Manager	−$2.8M −95.3K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$2.5M −104.6K shares	$539.1K 22.9K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$1.2M −51.8K shares	$5.2M 219.1K shares
VANGUARD GROUP INC Institution	−$1.2M −49.0K shares	$33.3M 1.4M shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	−$1.2M −39.2K shares	Sold Off 0 shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$1.1M −38.5K shares	Sold Off 0 shares
J JANE STREET GROUP, LLC Institution	−$841.9K −28.6K shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$808.1K −34.3K shares	$878.6K 37.3K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited GDEN in Q3 2025

New Positions: 11
New Value: $18.0M
Exited Positions: 32
Exited Value: $12.1M

New Positions

Institution	Position Value
C Colony Group, LLC Institution	$14.3M 100.5K shares
S Seven Six Capital Management, LLC Institution	$1.8M 76.1K shares
O Orvieto Partners, L.P. Hedge Fund•Value	$963.8K 40.9K shares
C Capula Management Ltd Institution	$358.9K 15.2K shares
M MQS Management LLC Hedge Fund•Global Macro	$316.3K 13.4K shares
B Brevan Howard Capital Management LP Institution	$266.6K 11.3K shares
O Optiver Holding B.V. Institution	$3.5K 148.0 shares
S Salomon & Ludwin, LLC Institution	$1.5K 64.0 shares
U UMA Financial Services, Inc. RIA/Wealth	$661.0 28.0 shares
R Rialto Wealth Management, LLC RIA/Wealth	$472.0 20.0 shares

Exited Positions

Institution	Previous Position
Phocas Financial Corp. Long Only Manager	$2.8M 95.3K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$1.2M 39.2K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$1.1M 38.5K shares
J JANE STREET GROUP, LLC Institution	$841.9K 28.6K shares
SummerHaven Investment Management, LLC Long Only Manager	$802.0K 27.3K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$790.3K 26.9K shares
GABELLI SECURITIES INC Hedge Fund•Multi-Strategy	$526.8K 17.9K shares
X XTX Topco Ltd Institution	$481.9K 16.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$320.1K 10.9K shares
D D. E. Shaw & Co., Inc. Institution	$316.7K 10.8K shares

Options Activity

Institutions with the largest Call and Put options positions in GDEN as of Q3 2025

Call Positions: 3
Call Value: $759.3K
Put Positions: 1
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$525.8K 223.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$233.4K 99.0 contracts
J JANE STREET GROUP, LLC Institution	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with GDEN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
BERNZOTT CAPITAL ADVISORS RIA/Wealth	Mark Alexander Scott CEO	3.74% $7.9M	1.29% 336.3K shares	Q2 2023 Held for 2y 5m	$211.9M
Union Square Park Capital Management, LLC Hedge Fund•Event Driven	Leon Michael Zaltzman Managing Partner	2.34% $3.4M	0.54% 142.5K shares	Q1 2023 Held for 2y 8m	$143.6M
S Seven Six Capital Management, LLC Institution	-	1.77% $1.8M	0.29% 76.1K shares	Q3 2025 Held for 2 months	$101.4M
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	Pamela Marie Lawrence President	1.23% $16.0M	2.59% 677.3K shares	Q2 2018 Held for 7y 5m	$1.3B
O Orvieto Partners, L.P. Hedge Fund•Value	Timothy Garrett Caffrey Partner	0.82% $963.8K	0.16% 40.9K shares	Q3 2025 Held for 2 months	$118.0M
H Hill Path Capital LP Private Equity	Scott Ian Ross Managing Partner	0.76% $15.5M	2.51% 655.6K shares	Q4 2020 Held for 4y 11m	$2.0B
B BEACON INVESTMENT ADVISORS LLC RIA/Wealth	Eric Joseph Kleinschmidt CCO	0.43% $1.1M	0.17% 44.9K shares	Q4 2022 Held for 2y 11m	$245.3M
D DEPRINCE RACE & ZOLLO INC Long Only Manager	Jr. Victor Zollo CEO	0.39% $19.8M	3.21% 839.5K shares	Q4 2024 Held for 11 months	$5.0B
G GAMCO INVESTORS, INC. ET AL Institution	-	0.21% $21.2M	3.44% 901.1K shares	≤ Q2 2013 Held for 12y 5m+	$10.3B
SYSTEMATIC FINANCIAL MANAGEMENT LP Long Only Manager	Kenneth Burgess CIO	0.20% $8.4M	1.36% 355.3K shares	Q1 2024 Held for 1y 8m	$4.1B

Hedge Fund Spotlight

Discover hedge funds investing in GDEN

Trexquant Investment LP

Hedge Fund • Quant

Portfolio ManagerTaesoon (Tyger) Park

Portfolio Value: $9.7B
Positions: 1,540
Last Reported: Q3 2025

Sector Allocation

Position in Golden Entertainment

Market Value: $2.8M
Shares Held: 117.5K
Portfolio Weight: 0.03%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$233.6M	2.41%
2 Microsoft MSFT	Software - Infrastructure Technology	$138.5M	1.43%
3 Costco Wholesale COST	Discount Stores Consumer Defensive	$122.3M	1.26%