25 Stocks Billionaires Are Piling On

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6. Wynn Resorts, Limited (NASDAQ:WYNN)

Number of Billionaire Shareholders of WYNN (as of June 30): 10

Value of Billionaires’ Holdings in WYNN (as of June 30): $1.37 billion

Wynn Resorts, Limited (NASDAQ:WYNN) was also owned by 10 billionaire money managers at the midpoint of this year. Stephen Mandel’s Lone Pine Capital (3.8 million shares) and Dan Loeb’s Third Point (1.53 million shares) were among Wynn’s leading shareholders. Of the funds that filed for the September 30 reporting period, David Harding’s Winton Capital has revealed that it sold out of its WYNN position in Q3. Wynn is looking to diversify its Macau revenue streams, which are more heavily reliant on gaming revenue than its operations in Las Vegas and elsewhere.

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