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Wedge Capital Management L L P NC, an investment management firm, increased its position in shares of Boyd Gaming Corporation (NYSE:BYD) by 16.6% during the fourth quarter of 2025, according to a recent filing with the Securities and Exchange Commission. The firm now owns 435,755 shares of the casino company’s stock, worth approximately $37.1 million.
Why it matters
This investment move by Wedge Capital Management signals continued confidence in Boyd Gaming’s performance and growth potential within the gaming industry. As a major institutional investor, Wedge’s increased stake could influence market sentiment and attract further attention to the company.
The details
According to the filing, Wedge Capital Management acquired an additional 62,087 shares of Boyd Gaming during the fourth quarter, bringing its total position to over 435,000 shares. This represents approximately 0.56% ownership of the company. Boyd Gaming, a diversified hospitality and gaming company based in Las Vegas, operates a portfolio of branded casinos, hotels, restaurants, and meeting facilities across several states.
- Wedge Capital Management increased its stake in Q4 2025.
The players
Wedge Capital Management L L P NC
An investment management firm that has increased its position in Boyd Gaming Corporation.
Boyd Gaming Corporation
A diversified hospitality and gaming company headquartered in Las Vegas, Nevada that operates a portfolio of branded gaming and entertainment properties.
The takeaway
Wedge Capital Management’s increased investment in Boyd Gaming suggests the firm sees continued growth potential in the casino operator, which could signal positive momentum for the company’s future performance.