Cohen & Steers, Inc. Reduces Stake in Caesars Entertainment to 2.33%
On June 5, 2026, Cohen & Steers, Inc. filed a Schedule 13G/A with the SEC, reporting a significant reduction in its stake in Caesars Entertainment, Inc. (CZR). As of the event date on May 31, 2026, the firm beneficially owns 4,745,710 shares of common stock, representing a 2.33% ownership stake. This is a substantial decrease from its previous position of 12,253,629 shares, which accounted for approximately 6.02% of the company. The filing indicates that Cohen & Steers, Inc. holds sole voting power over 4,498,526 shares and sole dispositive power over the full 4,745,710 shares. The reporting entity includes several subsidiaries, including Cohen & Steers Capital Management, Inc., which holds the majority of the remaining position. Because the aggregate ownership has fallen below the 5% threshold, the filer has indicated that they no longer hold a reportable stake above that level. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.