Free · no sign-up · Q2 2026

Which funds own CHDN

Churchill Downs Inc in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $142m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 3; at least, of 91 current
Combined value: $142m; as reported
Opened: 0; new this quarter
Added to: 1; already held
Trimmed or sold out: 2; 0 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Balyasny Asset Management LLC Multi-strategy · $80.2bn book	$110m	0.1%	1,221,584	+$55m+611,740	Added
GAMCO Investors Inc Activist · $11.1bn book	$20m	0.2%	222,825	-$200k-2,031	Trimmed
Discovery Capital Management LLC Macro · $2.4bn book	$12m	0.5%	138,200	-$2.0m-22,000	Trimmed

Ownership through time

At least 9 of the 95 managers whose filings are on file listed CHDN in Q2 2026, against 4 in Q2 2013. The same number as in Q1 2026.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Balyasny Asset Management LLC609,844 to 1,221,584 shares+$55m
Janus Henderson Group Ltd535,309 to 756,190 shares+$20m
Freestone Grove Partners LP16,676 to 187,259 shares+$15m
Arrowstreet Capital LP1,376,690 to 1,444,412 shares+$6.1m
Woodline Partners LP148,473 to 170,809 shares+$2.0m

Largest decreases, by shares

Discovery Capital Management LLC160,200 to 138,200 shares-$2.0m
Verition Fund Management LLC101,986 to 92,779 shares-$825k
GAMCO Investors Inc224,856 to 222,825 shares-$182k

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Arrowstreet Capital LP	Q3 2017	$157m	$129m
Balyasny Asset Management LLC	Q2 2013	$160m	$110m
Janus Henderson Group Ltd	Q4 2019	$81m	$68m
GAMCO Investors Inc	Q2 2013	$91m	$20m
Freestone Grove Partners LP	Q4 2024	$17m	$17m
Woodline Partners LP	Q1 2026	$15m	$15m
Discovery Capital Management LLC	Q4 2025	$19m	$12m
Verition Fund Management LLC	Q4 2024	$17m	$8.3m
Holocene Advisors LP	Q3 2021	$12m	$6.8m
Fidelity (FMR LLC)	Q1 2020	$1.2bn	last listed Q4 2024
Capital Research Global Investors	Q4 2022	$920m	last listed Q3 2024
Citadel Advisors LLC	Q2 2019	$246m	last listed Q1 2025
Acadian Asset Management LLC	Q2 2017	$92m	last listed Q1 2020
Millennium Management LLC	Q2 2019	$83m	last listed Q2 2021
AQR Capital Management LLC	Q2 2025	$79m	last listed Q2 2025
Soros Fund Management LLC	Q2 2013	$71m	last listed Q1 2018
Point72 Asset Management LP	Q1 2024	$58m	last listed Q4 2024
D. E. Shaw & Co.	Q3 2021	$54m	last listed Q2 2023
Man Group PLC	Q1 2025	$31m	last listed Q2 2025

What CHDN is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around CHDN →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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