Clark Capital Management Group Invests $50.30M in Boyd Gaming

The investment firm now owns 0.74% stake in the casino operator

Mar. 16, 2026 at 8:53am

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Clark Capital Management Group Inc. bought a new stake of 581,781 shares in Boyd Gaming Corporation (NYSE:BYD) during the third quarter, valued at approximately $50,295,000. This represents about 0.74% ownership of the casino and hospitality company.

Why it matters

The investment by Clark Capital Management Group, a major institutional investor, signals confidence in Boyd Gaming's business and growth prospects. As a large shareholder, Clark Capital will likely have influence over the company's strategic direction.

The details

According to a regulatory filing, Clark Capital Management Group acquired the 581,781 shares of Boyd Gaming in the third quarter of 2025. This new stake represents about 0.74% ownership in the casino operator. Other major institutional investors in Boyd Gaming include Arrowstreet Capital, Franklin Resources, and American Century Companies.

  • Clark Capital Management Group bought the Boyd Gaming shares in the third quarter of 2025.

The players

Clark Capital Management Group Inc.

An investment management firm that bought a new stake in Boyd Gaming Corporation.

Boyd Gaming Corporation

A diversified hospitality and gaming company headquartered in Las Vegas, Nevada that operates casinos, hotels, restaurants, and meeting facilities.

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The takeaway

Clark Capital Management Group's significant investment in Boyd Gaming signals confidence in the casino operator's business and growth potential. As a major shareholder, the investment firm will likely play a role in shaping Boyd Gaming's strategic direction going forward.