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Churchill Downs Inc

CHDN
Exchange
Nasdaq
Industry
Services-Racing, Including Track Operation
SEC CIK
0000020212

No open-market purchases or sales by Churchill Downs Inc insiders were filed in the last 90 days; 461 institutions reported holding it in 13F filings for Q2 2026, worth $5.36B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Churchill Downs Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
466
+43 vs. Q3 2025
Shares held
55.2M
+1.73M (+3.2%) vs. Q3 2025
Total value
$6.28B
+$1.09B (+21.1%) vs. Q3 2025
New holders
96
114 more added
Sold out
53
189 more reduced

11 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CHDN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 466 institutions
Q1 2021: 315 institutionsQ2 2021: 325 institutionsQ3 2021: 320 institutionsQ4 2021: 323 institutionsQ1 2022: 339 institutionsQ2 2022: 332 institutionsQ3 2022: 331 institutionsQ4 2022: 322 institutionsQ1 2023: 354 institutionsQ2 2023: 394 institutionsQ3 2023: 352 institutionsQ4 2023: 370 institutionsQ1 2024: 380 institutionsQ2 2024: 420 institutionsQ3 2024: 451 institutionsQ4 2024: 452 institutionsQ1 2025: 429 institutionsQ2 2025: 425 institutionsQ3 2025: 434 institutionsQ4 2025: 466 institutionsQ1 2026: 451 institutionsQ2 2026: 461 institutions
Value heldQ4 2025: $6.28B
Q1 2021: $6.42BQ2 2021: $5.51BQ3 2021: $6.68BQ4 2021: $6.65BQ1 2022: $6.20BQ2 2022: $5.26BQ3 2022: $5.07BQ4 2022: $5.98BQ1 2023: $7.41BQ2 2023: $7.73BQ3 2023: $6.57BQ4 2023: $7.78BQ1 2024: $7.06BQ2 2024: $7.95BQ3 2024: $7.64BQ4 2024: $7.65BQ1 2025: $6.32BQ2 2025: $5.55BQ3 2025: $5.20BQ4 2025: $6.28BQ1 2026: $5.01BQ2 2026: $5.36B
Institutions holding CHDN and their total value by quarter
QuarterHoldersValue
Q2 2026461$5.36B
Q1 2026451$5.01B
Q4 2025466$6.28B
Q3 2025434$5.20B
Q2 2025425$5.55B
Q1 2025429$6.32B
Q4 2024452$7.65B
Q3 2024451$7.64B
Q2 2024420$7.95B
Q1 2024380$7.06B
Q4 2023370$7.78B
Q3 2023352$6.57B
Q2 2023394$7.73B
Q1 2023354$7.41B
Q4 2022322$5.98B
Q3 2022331$5.07B
Q2 2022332$5.26B
Q1 2022339$6.20B
Q4 2021323$6.65B
Q3 2021320$6.68B
Q2 2021325$5.51B
Q1 2021315$6.42B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Churchill Downs Inc; share changes are against Q3 2025.

Institutions holding CHDN in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Citigroup Inc15,664$1.78M0.00%−931−5.6%Reduced
State of Michigan Retirement System15,680$1.78M0.01%−200−1.3%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys16,579$1.89M0.01%−520−3.0%Reduced
Jefferies Financial Group Inc.16,866$1.92M0.02%+16,866New
Arizona State Retirement System17,552$2.00M0.01%−1,663−8.7%Reduced
Susquehanna International Group, LLP17,907$2.04M0.00%−7,990−30.9%Reduced
Pacer Advisors, Inc.18,088$2.06M0.01%+9,318+106.2%Added
Lazard Asset Management LLC18,115$2.06M0.00%+706+4.1%Added
Louisiana State Employees Retirement System18,300$2.08M0.04%−200−1.1%Reduced
Hunter Associates Investment Management LLC18,432$2.09M0.28%−2,245−10.9%Reduced
Prudential Financial Inc18,414$2.10M0.00%−4,080−18.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)18,470$2.10M0.00%+786+4.4%Added
Kestra Advisory Services, LLC19,861$2.26M0.01%−6,498−24.7%Reduced
Corsair Capital Management, L.P.20,333$2.31M0.38%−11,494−36.1%Reduced
Sage Investment Advisers LLC20,335$2.31M1.73%+20,335New
Public Employees Retirement System of Ohio20,450$2.33M0.01%+178+0.9%Added
State of New Jersey Common Pension Fund D20,628$2.35M0.01%−132−0.6%Reduced
Redwood Investment Management, LLC21,009$2.39M0.27%+21,009New
Diametric Capital, LP21,846$2.49M0.67%+21,846New
American Century Companies Inc22,111$2.52M0.00%+761+3.6%Added
State of Tennessee, Treasury Department26,398$2.60M0.01%−3,216−10.9%Reduced
Two Sigma Investments, LP23,095$2.63M0.00%−54,490−70.2%Reduced
B. Metzler seel. Sohn & Co. AG23,643$2.69M0.02%00.0%Unchanged
Dark Forest Capital Management LP24,824$2.82M0.13%−13,771−35.7%Reduced
Ameritas Investment Partners, Inc.25,520$2.90M0.09%−3,838−13.1%Reduced
Creative Planning25,570$2.91M0.00%+14,430+129.5%Added
Aurora Investment Counsel25,618$2.91M1.53%+916+3.7%Added
First Trust Advisors LP27,393$3.12M0.00%+17,202+168.8%Added
Sanctuary Advisors, LLC27,475$3.13M0.02%−3,012−9.9%Reduced
Mutual of America Capital Management LLC27,569$3.14M0.03%−3,198−10.4%Reduced
Stifel Financial Corp27,637$3.14M0.00%+334+1.2%Added
Treasurer of the State of North Carolina27,696$3.15M0.01%−687−2.4%Reduced
Thornburg Investment Management Inc28,342$3.22M0.04%−798−2.7%Reduced
Police & Firemen's Retirement System of New Jersey28,434$3.24M0.03%+181+0.6%Added
Fieldview Capital Management, LLC29,400$3.35M0.57%−10,484−26.3%Reduced
Town & Country Bank & Trust CO dba First Bankers Trust CO29,474$3.35M1.13%+1,943+7.1%Added
Picton Mahoney Asset Management30,531$3.47M0.04%+30,531New
Exchange Traded Concepts, LLC31,214$3.55M0.03%+2,359+8.2%Added
Amalgamated Bank31,606$3.60M0.03%−225−0.7%Reduced
LMR Partners LLP31,950$3.64M0.03%+31,950New
Kentucky Farm Bureau Mutual Insurance Co32,000$3.64M0.98%00.0%Unchanged
Paloma Partners Management Co32,000$3.64M1.25%+32,000New
Bessemer Group Inc33,397$3.80M0.01%+27,139+433.7%Added
Foundations Investment Advisors, LLC33,505$3.81M0.05%00.0%Unchanged
MetLife Investment Management35,050$3.99M0.02%−1,651−4.5%Reduced
New York State Common Retirement Fund35,432$4.03M0.01%+2,000+6.0%Added
Algert Global LLC36,040$4.10M0.06%−15,250−29.7%Reduced
Capital Fund Management S.A.36,841$4.19M0.04%−45,520−55.3%Reduced
MML Investors Services, LLC37,200$4.23M0.01%−122−0.3%Reduced
Intech Investment Management LLC38,049$4.33M0.04%+33,946+827.3%Added
Universal- Beteiligungs- und Servicegesellschaft mbH38,052$4.33M0.01%+6,247+19.6%Added
Secure Asset Management, LLC38,055$4.33M0.68%+291+0.8%Added
Great West Life Assurance Co38,648$4.39M0.01%−1,252−3.1%Reduced
1060 Capital, LLC40,000$4.55M11.64%+40,000New
Russell Investments Group, Ltd.40,541$4.61M0.01%+1,922+5.0%Added
Brinker Capital Investments, LLC42,453$4.83M0.04%−2,446−5.4%Reduced
State of Wisconsin Investment Board42,605$4.85M0.01%−5,295−11.1%Reduced
Taproot Management LP43,603$4.96M0.80%+43,603New
Qube Research & Technologies Ltd45,999$5.23M0.01%−212,922−82.2%Reduced
Teachers Retirement System of the State of Kentucky46,813$5.33M0.04%+26,105+126.1%Added
LPL Financial LLC47,818$5.44M0.00%−2,545−5.1%Reduced
Barclays PLC48,570$5.53M0.00%−25,012−34.0%Reduced
Castleark Management LLC48,570$5.53M0.16%+48,570New
Manufacturers Life Insurance Company, The49,146$5.59M0.00%−1,236−2.5%Reduced
Soros Capital Management LLC50,144$5.71M1.50%+40,367+412.9%Added
The PNC Financial Services Group, Inc.50,610$5.76M0.00%−4,133−7.5%Reduced
Fifth Third Bancorp52,649$5.99M0.02%+51,857+6,547.6%Added
SEI Investments Co53,631$6.10M0.01%+11,002+25.8%Added
New York State Teachers Retirement System54,644$6.22M0.01%−200−0.4%Reduced
Point72 Asset Management, L.P.55,463$6.31M0.01%+46,563+523.2%Added
Tudor Investment Corp Et Al56,520$6.43M0.04%+28,315+100.4%Added
Holocene Advisors, LP56,865$6.47M0.01%−30,014−34.5%Reduced
Bridger Management, LLC57,179$6.51M4.18%+57,179New
State Board of Administration of Florida Retirement System58,315$6.64M0.01%−1,490−2.5%Reduced
Darwins River Capital, LP58,510$6.66M4.47%+58,510New
California State Teachers Retirement System59,604$6.78M0.01%−3,578−5.7%Reduced
Jane Street Group, LLC69,764$7.94M0.01%−21,563−23.6%Reduced
Cerity Partners LLC71,563$8.14M0.01%−212−0.3%Reduced
Parthenon LLC73,086$8.32M0.90%00.0%Unchanged
Orvieto Partners, L.P.75,000$8.53M7.09%+10,000+15.4%Added
Sapient Capital LLC77,375$8.90M0.12%−260−0.3%Reduced
Alliancebernstein L.P.78,447$8.93M0.00%−4,411−5.3%Reduced
Smithfield Trust Co81,272$9.25M0.41%00.0%Unchanged
Royal Bank of Canada81,317$9.25M0.00%−29,046−26.3%Reduced
D. E. Shaw & Co., Inc.88,818$10.1M0.01%−340,760−79.3%Reduced
Benchstone Capital Management LP91,618$10.4M1.17%+91,618New
Legal & General Group Plc96,954$11.0M0.00%−5,285−5.2%Reduced
Nuveen, LLC99,700$11.3M0.00%−198−0.2%Reduced
Atlanta Consulting Group Advisors, LLC106,051$12.1M2.74%+58,672+123.8%Added
Cinctive Capital Management LP109,296$12.4M0.72%−86,549−44.2%Reduced
Susquehanna Portfolio Strategies, LLC109,950$12.5M0.19%−6,175−5.3%Reduced
Millennium Management LLC111,005$12.6M0.01%−60,959−35.4%Reduced
Lighthouse Investment Partners, LLC115,285$13.1M0.44%+68,985+149.0%Added
California Public Employees Retirement System119,194$13.6M0.01%+3,290+2.8%Added
Trexquant Investment LP121,232$13.8M0.12%−53,097−30.5%Reduced
UBS Asset Management Americas Inc121,554$13.8M0.00%−249−0.2%Reduced
Swiss National Bank124,500$14.2M0.01%−1,500−1.2%Reduced
Sourcerock Group LLC126,789$14.4M0.83%+126,789New
Gabelli Funds LLC133,100$15.1M0.10%+300+0.2%Added
Quantinno Capital Management LP133,769$15.2M0.03%+48,325+56.6%Added