Our data indicates that hedge funds own 10% of PointsBet...

Our data indicates that hedge funds own 10% of PointsBet Holdings. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. The company's largest shareholder is HG Vora Capital Management, LLC, with ownership of 10%. For context, the second largest shareholder holds about 6.3% of the shares outstanding, followed by an ownership of 5.9% by the third-largest shareholder. Additionally, the company's CEO Samuel Swanell directly holds 0.9% of the total shares outstanding.

That was a year ago....