Who owns Churchill Downs (CHDN)
Which tracked institutional funds hold CHDN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CHDN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
111 tracked funds added or opened CHDN while 96 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CHDN’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes CHDN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in CHDN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 424 tracked filers holding CHDN, 227 increased or opened the position and 217 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CHDN between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 25
- Jupiter Topco LLC$68M
- FULLER & THALER ASSET MANAGEMENT, INC.$65M
- Long Pond Capital, LP$36M
- Solel Partners LP$25M
- Penn Capital Management Company, LLC$15M
- RENAISSANCE TECHNOLOGIES LLC$15M
Full exits 44
- Capital International Investors$88M
- GW&K Investment Management, LLC$60M
- Thrivent Financial for Lutherans$52M
- Junto Capital Management LP$52M
- Alua Capital Management LP$48M
- JANUS HENDERSON GROUP PLC$48M
Largest adds
- FMR LLC$111M
- BALYASNY ASSET MANAGEMENT L.P.$55M
- UBS Group AG$47M
- CITADEL ADVISORS LLC$39M
- Qube Research & Technologies Ltd$36M
- Gotham Asset Management, LLC$36M
Largest trims
- AMERIPRISE FINANCIAL INC$54M
- Hudson Way Capital Management LLC$45M
- ArrowMark Colorado Holdings LLC$43M
- MILLENNIUM MANAGEMENT LLC$22M
- LONDON CO OF VIRGINIA$12M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$12M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 6,202,008 | $556M | 11.4% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 3,207,921 | $288M | 5.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,988,941 | $268M | 5.5% | 2026-Q2 |
| FMR LLC added | 2,947,784 | $264M | 5.4% | 2026-Q2 |
| LONDON CO OF VIRGINIA trimmed | 2,464,527 | $221M | 4.5% | 2026-Q2 |
| STATE STREET CORP added | 2,048,801 | $184M | 3.8% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 1,714,304 | $154M | 3.2% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,444,412 | $129M | 2.7% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 1,342,056 | $120M | 2.5% | 2026-Q2 |
| JENNISON ASSOCIATES LLC added | 1,257,575 | $113M | 2.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 1,221,584 | $110M | 2.3% | 2026-Q2 |
| Boston Partners added | 1,193,534 | $107M | 2.2% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC trimmed | 1,030,121 | $92M | 1.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 843,847 | $76M | 1.6% | 2026-Q2 |
| NORGES BANK added | 841,176 | $75M | 1.5% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 797,387 | $72M | 1.5% | 2026-Q2 |
| UBS Group AG added | 795,607 | $71M | 1.5% | 2026-Q2 |
| Clearbridge Investments, LLC added | 786,319 | $70M | 1.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 770,846 | $69M | 1.4% | 2026-Q2 |
| Jupiter Topco LLC new | 756,190 | $68M | 1.4% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 728,521 | $65M | 1.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 710,210 | $64M | 1.3% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 685,319 | $61M | 1.3% | 2026-Q2 |
| Gotham Asset Management, LLC added | 648,726 | $58M | 1.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 572,295 | $51M | 1.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 570,365 | $51M | 1.1% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 557,830 | $50M | 1.0% | 2026-Q2 |
| Interval Partners, LP added | 510,002 | $46M | 0.9% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 505,264 | $45M | 0.9% | 2026-Q2 |
| Apollo Management Holdings, L.P. added | 499,482 | $45M | 0.9% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 443,785 | $40M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 419,482 | $38M | 0.8% | 2026-Q2 |
| SAPIENT CAPITAL LLC added | 418,966 | $38M | 0.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 411,241 | $37M | 0.8% | 2026-Q2 |
| Long Pond Capital, LP new | 398,419 | $36M | 0.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 371,096 | $33M | 0.7% | 2026-Q2 |
| Hudson Way Capital Management LLC trimmed | 368,054 | $33M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 364,167 | $33M | 0.7% | 2026-Q2 |
| Cinctive Capital Management LP added | 346,859 | $31M | 0.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 341,457 | $31M | 0.6% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 328,290 | $29M | 0.6% | 2026-Q2 |
| ProShare Advisors LLC added | 291,615 | $26M | 0.5% | 2026-Q2 |
| STOCK YARDS BANK & TRUST CO trimmed | 284,306 | $25M | 0.5% | 2026-Q2 |
| Solel Partners LP new | 281,700 | $25M | 0.5% | 2026-Q2 |
| Copeland Capital Management, LLC trimmed | 261,117 | $23M | 0.5% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 255,741 | $23M | 0.5% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 238,536 | $21M | 0.4% | 2026-Q2 |
| ArrowMark Colorado Holdings LLC trimmed | 232,896 | $21M | 0.4% | 2026-Q2 |
| Tidal Investments LLC added | 226,804 | $20M | 0.4% | 2026-Q2 |
| GAMCO INVESTORS, INC. ET AL trimmed | 222,825 | $20M | 0.4% | 2026-Q2 |
| SYSTEMATIC FINANCIAL MANAGEMENT LP added | 220,975 | $20M | 0.4% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 205,640 | $18M | 0.4% | 2026-Q2 |
| COMMUNITY TRUST & INVESTMENT CO added | 203,165 | $18M | 0.4% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 201,534 | $18M | 0.4% | 2026-Q2 |
| KETTLE HILL CAPITAL MANAGEMENT, LLC trimmed | 199,608 | $18M | 0.4% | 2026-Q2 |
| Glenview Trust Co trimmed | 197,613 | $18M | 0.4% | 2026-Q2 |
| LOOMIS SAYLES & CO L P trimmed | 197,503 | $18M | 0.4% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 191,036 | $17M | 0.4% | 2026-Q2 |
| Trexquant Investment LP trimmed | 188,799 | $17M | 0.3% | 2026-Q2 |
| SEGALL BRYANT & HAMILL, LLC added | 188,084 | $17M | 0.3% | 2026-Q2 |
| Freestone Grove Partners LP added | 187,259 | $17M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 179,160 | $16M | 0.3% | 2026-Q2 |
| Bayberry Capital Partners LP trimmed | 178,000 | $16M | 0.3% | 2026-Q2 |
| Invesco Ltd. added | 177,110 | $16M | 0.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 171,957 | $15M | 0.3% | 2026-Q2 |
| Penn Capital Management Company, LLC new | 171,671 | $15M | 0.3% | 2026-Q2 |
| Woodline Partners LP added | 170,809 | $15M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 168,570 | $15M | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 168,210 | $16M | 0.3% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 165,250 | $15M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System added | 161,050 | $14M | 0.3% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 154,446 | $14M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 150,254 | $13M | 0.3% | 2026-Q2 |
| GABELLI FUNDS LLC trimmed | 148,556 | $13M | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC added | 147,211 | $13M | 0.3% | 2026-Q2 |
| Orvieto Partners, L.P. added | 145,120 | $13M | 0.3% | 2026-Q2 |
| Focus Partners Wealth trimmed | 139,554 | $13M | 0.3% | 2026-Q2 |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT trimmed | 138,200 | $12M | 0.3% | 2026-Q2 |
| Swiss National Bank added | 125,900 | $11M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 124,549 | $11M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 123,377 | $11M | 0.2% | 2026-Q2 |
| Clearline Capital LP trimmed | 119,048 | $11M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 118,725 | $11M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 116,510 | $10M | 0.2% | 2026-Q2 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 116,250 | $10M | 0.2% | 2026-Q2 |
| Skylands Capital, LLC added | 103,250 | $9M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 99,079 | $9M | 0.2% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 99,032 | $9M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 96,715 | $9M | 0.2% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 95,844 | $9M | 0.2% | 2026-Q2 |
| Nitorum Capital, L.P. added | 94,570 | $8M | 0.2% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 92,779 | $8M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 92,352 | $8M | 0.2% | 2026-Q2 |
| INTECH INVESTMENT MANAGEMENT LLC trimmed | 84,806 | $8M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 84,620 | $8M | 0.2% | 2026-Q2 |
| Ancora Advisors LLC added | 84,578 | $8M | 0.2% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 83,100 | $7M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 81,722 | $7M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 80,598 | $7M | 0.1% | 2026-Q2 |
| SummitTX Capital, L.P. added | 77,986 | $7M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.