Quaker Capital Raises Caesars Stake to 7.88% After Q3 $55M Net Loss
Quaker Capital Investments added 279,390 Caesars Entertainment shares in Q3, boosting its position to 1.08 million shares valued at $29.28 million and representing 7.88% of its AUM. Caesars reported flat $2.9 billion Q3 revenue with a $55 million net loss, $884 million adjusted EBITDA, repurchased $100 million of stock and carried $11.9 billion debt.
1. Caesars Entertainment Schedules Q4 and Full Year 2025 Results Release
Caesars Entertainment, Inc. will report its fourth quarter and full year 2025 financial results on Tuesday, February 17, 2026, immediately after market close. The company has scheduled a conference call the same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its operating performance, key drivers of revenue growth, and capital allocation priorities. Investors who register will receive a unique dial-in number and PIN, and a webcast will be available on the Investor Relations section of Caesars’ website. A replay of the call will be accessible for 90 days following the event, enabling long-term holders to review management commentary on guest metrics, loyalty program trends, and cost-control initiatives.
2. Quaker Capital Investments Bets on Caesars with $29 Million Position
In its third‐quarter Form 13F filing, Pennsylvania-based Quaker Capital Investments disclosed an increase of 279,390 shares in Caesars Entertainment, raising its total position to approximately 1.08 million shares valued at roughly $29.3 million. This stake now represents 7.88% of the fund’s reported U.S. equity assets, placing Caesars just outside its top five holdings. The move reflects confidence in Caesars’ ability to leverage its diversified portfolio of Caesars®, Harrah’s®, Horseshoe® and Eldorado® resorts, as well as its expanding digital gaming and sports betting operations. Despite a nearly 30% share price decline over the past year, the fund highlighted Caesars’ strong cash flow generation, recent debt retirements and $100 million in share repurchases as indicators of a potential turnaround for long‐term investors.