Published on: August 20, 2025, 02:51h.
Updated on: August 20, 2025, 02:51h.
- VIP list showcases stocks among hedge funds’ leading ten holdings
- Flutter stands as the sole gaming entity included
Flutter Entertainment (NYSE: FLUT) has received another honor: inclusion in the Goldman Sachs Hedge Fund VIP List.
This list, closely monitored by institutional investors, comprises stocks deemed to be of significant importance to hedge funds—assessed by their presence among the top 10 holdings of these funds.
“From a practical perspective, the Hedge Fund VIP list serves as a resource for investors looking to align with ‘smart money’ through 13-F disclosures,” explains Ben Snider, senior equity strategist at Goldman Sachs. “The VIP list is specifically crafted to spotlight 50 stocks whose performance can heavily sway the long positions of various fundamentally-oriented hedge funds.”
As the second quarter’s 13F filing period approaches completion, evidence shows that 22 hedge funds include shares of the parent company of FanDuel among their top ten investments.
Flutter Stock Surpassing Berkshire Hathaway and Netflix
Historically, hedge funds have engaged with gaming equities in both bullish and bearish capacities; however, Flutter is the only gaming stock currently featured on the Goldman VIP list. The accolades for the sportsbook giant do not stop here.
Goldman highlights that with 22 hedge funds recognizing Flutter as one of their leading positions, it surpasses the 21 hedge funds that have a similar stake in Berkshire Hathaway (NYSE: BRK.B) and Netflix (NASDAQ: NFLX).
While it’s plausible that Berkshire Hathaway and Netflix have broader hedge fund ownership compared to Flutter, the gaming stock has rapidly gained recognition after relocating its primary listing to New York from London just over a year ago.
The strategic relocation aimed to attract more attention from U.S. institutional investors, and clearly, that decision is yielding positive results.
Potential for Increased Interest in Flutter Stock
There are compelling reasons to anticipate that Flutter could ascend in the ranks of the Goldman Sachs Hedge Fund VIP List, or at least gain broader acceptance among fund managers and institutional investors. For instance, the stock was incorporated into the Russell 3000 Index in late June, making this quarter the first complete one in which the shares are included in that prominent index.
This has sparked speculation that it is a question of “when,” not “if,” regarding the gaming equity’s inclusion in the S&P 500. Recent additions to that index have featured companies with smaller market capitalizations than FanDuel’s parent, suggesting that S&P Dow Jones Indices may only keep the gaming stock on the sidelines for so long.
Investors looking to explore the full breadth of the Goldman list may consider the Goldman Sachs Hedge Industry VIP ETF (GVIP). Flutter is a top ten holding within this exchange-traded fund (ETF).