Cohen & Steers, Inc. Reduces Stake in Caesars Entertainment to 2.33%

2026-06-05SEC Filing SCHEDULE 13G/A (0001284812-26-000128)

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.

Ticker mentioned:CZRInstitution mentioned:COHEN & STEERS, INC.
Related industry:Resorts & Casinos