Churchill Downs Inc (CHDN) Institutional Ownership

Ownership Summary

Churchill Downs Inc (NASDAQ:CHDN) showed up in the 13F filings of 448 institutional investors as of December 2025.

• Their combined ownership stood at 77.1% of outstanding shares in December 2025, down from 77.1% in September 2025.
• Their total shares held in CHDN increased 3.63% from the prior quarter, while the number of investors in Churchill Downs decreased 0.44% year over year.
• Of these 448 funds, 198 grew their exposure to Churchill Downs, 185 cut back, and 65 maintained positions.
• In total, institutional investors held 54.65Mn shares in Churchill Downs as of December 2025, up by 1.92Mn shares quarter on quarter, and down 4.79Mn shares year over year.
• BlackRock, Inc. leads ownership in CHDN with 6.45Mn shares as of December 31, 2025, equal to 9.1% of outstanding shares.
• The biggest buyers of Churchill Downs for the quarter ending December 2025 included VANGUARD PORTFOLIO MANAGEMENT LLC (2.96Mn), VANGUARD CAPITAL MANAGEMENT LLC (2.75Mn), Junto Capital Management LP (575.5K), AQR CAPITAL MANAGEMENT LLC (514.07K), Apollo Management Holdings, L.P. (476.98K).
• The largest sellers of Churchill Downs for the quarter ending December 2025 were Capital International Investors (2.12Mn), BALYASNY ASSET MANAGEMENT L.P. (410.55K), Nitorum Capital, L.P. (337.09K), Gotham Asset Management, LLC (244.67K), Goldman Sachs Group Inc (240.46K).
• Business Quant data shows the 10 biggest positions in Churchill Downs as of December 2025 are held by BlackRock, Inc. (6.45Mn), VANGUARD PORTFOLIO MANAGEMENT LLC (2.96Mn), VANGUARD CAPITAL MANAGEMENT LLC (2.75Mn), LONDON CO OF VIRGINIA (2.59Mn), State Street Corp (2.0Mn), FMR LLC (1.71Mn), GEODE CAPITAL MANAGEMENT, LLC (1.41Mn), ARROWSTREET CAPITAL, LIMITED PARTNERSHIP (1.38Mn), CITADEL ADVISORS LLC (1.27Mn), Boston Partners (1.14Mn).