Wynn Resorts Shares Sold by Kettle Hill Capital Management

Institutional investor reduces stake in casino operator by 18.1%

Mar. 16, 2026 at 11:51am

Got story updates? Submit your updates here. ›

Kettle Hill Capital Management LLC, an institutional investor, has reduced its position in Wynn Resorts, Limited (NASDAQ:WYNN) by 18.1% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 210,351 shares of the casino operator's stock, down from 256,701 shares previously.

Why it matters

Wynn Resorts is a major player in the Las Vegas casino and resort industry, so changes in institutional ownership of the stock can provide insights into investor sentiment around the company and the broader gaming market.

The details

According to the 13F filing, Kettle Hill Capital Management sold 46,350 shares of Wynn Resorts in the third quarter. The firm now owns approximately 0.20% of Wynn Resorts' outstanding shares, making it the 3rd largest position in its portfolio.

  • Kettle Hill Capital Management reduced its Wynn Resorts stake in the third quarter of 2026.

The players

Kettle Hill Capital Management LLC

An institutional investor that has reduced its position in Wynn Resorts.

Wynn Resorts, Limited

A global developer and operator of luxury resorts and casinos, known for its premium hospitality offerings and integrated entertainment experiences.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Kettle Hill Capital Management's Wynn Resorts stake suggests the firm may have concerns about the casino operator's near-term prospects, though the overall investment community remains relatively bullish on the stock.