Quaker Capital Increases Caesars Entertainment Stake by $29.3M to 7.88% of AUM

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Quaker Capital Investments added 279,390 Caesars Entertainment shares in Q3, lifting its total stake to 1.08 million shares worth about $29.28 million. The position represents 7.88% of the fund’s U.S. equity assets, ranking outside its top five holdings despite Caesars shares declining 30% year-over-year.

1. Caesars Entertainment to Report Q4 and Full Year 2025 Results

Caesars Entertainment, Inc. will release its fourth quarter and full year 2025 financial results after the market closes on Tuesday, February 17, 2026. Management will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same day to discuss operating performance, cash flow generation and strategic priorities. Investors and analysts may register online to receive a dial-in number and unique PIN. The live event will also be webcast via the Investor Relations section of Caesars’ website, with a replay available for 90 days. Key metrics to watch include adjusted EBITDA trends across North American resorts, digital and sports-betting revenue growth, and progress on the company’s leverage reduction initiatives under its PEOPLE PLANET PLAY framework.

2. Quaker Capital Boosts Stake as Caesars Shares Lag

In the third quarter, Pennsylvania-based Quaker Capital Investments added 279,390 shares of Caesars Entertainment, bringing its total position to 1.08 million shares valued at approximately $29.3 million. This stake now represents 7.88% of the fund’s reported U.S. equity assets. Caesars’ shares have declined roughly 30% over the past year, significantly underperforming major benchmarks. Despite a net loss of $241 million on trailing-12-month revenue of $11.37 billion and total debt of $11.9 billion, the company generated sufficient cash flow to retire high-cost notes and repurchase $100 million of stock during the latest quarter. Quaker’s move underscores a conviction in Caesars’ real estate portfolio, digital expansion and ongoing deleveraging as catalysts for a potential turnaround.

Sources

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