Churchill Downs Incorporated
Churchill Downs Incorporated (CHDN) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · CHDN · as of Sep 30, 2025
Ownership Breakdown
447
Institutional Holders
▲ 6 vs Q2
$5.20B
Total Inst. Value
▼ $348.08M vs Q2
69.70M
Shares Outstanding
freeFloat 94.38%
53.61M
13F Shares Held
▼ 1.33M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
CHDN largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. services-racing, including track operation | 6.38M | 8.89% | 8.89% | $618.67B | Nov 12, 2025 | ▼ 402.3K |
VANGUARD GROUP INC services-racing, including track operation | 6.36M | 8.87% | 8.87% | $616.96B | Nov 7, 2025 | ▼ 289.4K |
CAPITAL INTERNATIONAL INVESTORS services-racing, including track operation | 3.10M | 4.32% | 4.32% | $300.59B | Nov 13, 2025 | ▲ 434.7K |
LONDON CO OF VIRGINIA services-racing, including track operation | 2.85M | 3.98% | 3.98% | $276.49B | Nov 14, 2025 | ▼ 144.0K |
FMR LLC services-racing, including track operation | 1.99M | 2.77% | 2.77% | $192.71B | Nov 13, 2025 | ▼ 544.2K |
STATE STREET CORP services-racing, including track operation | 1.94M | 2.71% | 2.71% | $188.66B | Nov 14, 2025 | ▼ 106.8K |
JENNISON ASSOCIATES LLC services-racing, including track operation | 1.46M | 2.03% | 2.03% | $141.38B | Oct 30, 2025 | ▲ 500.4K |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP services-racing, including track operation | 1.38M | 1.92% | 1.92% | $133.52B | Nov 13, 2025 | ▲ 452.7K |
GEODE CAPITAL MANAGEMENT, LLC services-racing, including track operation | 1.30M | 1.81% | 1.81% | $125.67B | Nov 12, 2025 | ▼ 71.0K |
BOSTON PARTNERS services-racing, including track operation | 1.26M | 1.75% | 1.75% | $122.00B | Nov 13, 2025 | ▲ 11.7K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
22
Increased
+2.73M shares1
New Positions
first time holders27
Decreased
−2.91M shares0
Sold Out
fully exitedNet shares change (top 50)
178.0K
+2.73M / −2.91M
Net new holders
-4
1 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
CHDN insider trading · insider activity
Source: SEC Form 4
7
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Rankin Richard Alex director | Apr 21, 2026 | Award | 2,257 | — | — | 101.5K | Form 4 ↗ |
HARRINGTON DANIEL P director | Apr 21, 2026 | Award | 0 | — | — | 1.15M | Form 4 ↗ |
HARRINGTON DANIEL P director | Apr 21, 2026 | Award | 2,257 | — | — | 126.1K | Form 4 ↗ |
GRISSOM DOUGLAS C director | Apr 21, 2026 | Award | 2,257 | — | — | 42.6K | Form 4 ↗ |
VARGA PAUL C director | Apr 21, 2026 | Award | 2,257 | — | — | 35.6K | Form 4 ↗ |
Lloyd Karole director | Apr 21, 2026 | Award | 2,257 | — | — | 40.3K | Form 4 ↗ |
Carter Andrea M director | Apr 21, 2026 | Award | 2,257 | — | — | 8.0K | Form 4 ↗ |
GRISSOM DOUGLAS C director | Mar 31, 2026 | Award | 382.67 | — | — | 40.4K | Form 4 ↗ |
Mudd William E. President and COO | Mar 19, 2026 | Award | 1,449 | — | — | 37.7K | Form 4 ↗ |
Dall Marcia A EVP, and CFO | Mar 19, 2026 | Award | 1,449 | — | — | 33.7K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Churchill Downs Incorporated (CHDN) is primarily owned by institutional investors, who hold approximately 76.9% of total shares outstanding. Company insiders own approximately 5.62%, while retail and public investors account for the remaining 17.45%.
The largest institutional shareholder of Churchill Downs Incorporated is BLACKROCK, INC., holding approximately 6.38 million shares — equal to 8.89% of outstanding shares — as of September 30, 2025.
A total of 447 institutional investors currently hold CHDN stock, with a combined institutional value of approximately $5.20 billion as of the most recent 13F filing period.
Frequently asked questions
CHDN ownershipChurchill Downs Incorporated (CHDN) is primarily owned by institutional investors, who hold approximately 76.9% of shares. The largest shareholder is BLACKROCK, INC. with a 8.89% stake. Company insiders hold 5.62%. Data sourced from SEC Form 13F as of September 30, 2025.