JDP Capital Management Exits Position in Caesars Entertainment (CZR)
JDP Capital Management exited its position in Caesars Entertainment (CZR) in late March 2026, citing potential acquisition talks with Tilman Fertitta or Carl Icahn. The firm's first-quarter 2026 investor letter highlighted broader market concerns, including AI disruption, economic slowdown, and rising oil prices, which impacted its portfolio performance. The fund underperformed the S&P 500 by 10.8% during the quarter.
Tickers: $CZR
Topics: Caesars Entertainment investment decisions JDP Capital Management portfolio changes