Flutter Entertainment Maintains Status on Goldman Sachs Hedge Fund VIP List
Flutter Entertainment Retains Spot on Exclusive Hedge Fund VIP List
Flutter Entertainment continues to secure its place on Goldman Sachs’ prestigious Hedge Fund VIP list. It stands out as the only gaming company ranked among the top stocks favored by hedge funds, according to the latest data from the 13-F filings submitted to the US Securities and Exchange Commission. This select group of stocks has seen a 15% increase in value this year.
Surpassing Major Technology Giants
The Hedge Fund VIP list highlights the stocks most commonly held as top ten positions by hedge funds. Goldman Sachs strategist Ben Snider notes that this portfolio has outperformed the S&P 500 in nearly two-thirds of the quarters since the list’s inception in 2001. The VIP list serves as a reliable indicator for investors aiming to track where savvy hedge funds are placing their bets.
Dominated largely by technology and consumer companies such as Amazon, Microsoft, and Alphabet, the list features Flutter Entertainment as the sole representative from the gambling industry. Despite facing regulatory challenges and taxation concerns, Flutter ranks as a major holding in twenty-two hedge funds, surpassing well-known giants like Berkshire Hathaway and Netflix.
Significantly, Flutter shifted its primary stock listing to the New York Stock Exchange in May 2024, a move designed to tap into the rapidly expanding US market. With increasing legalization of iGaming and online sports betting across various states, Flutter leverages its strong FanDuel brand to capture emerging opportunities, outpace competitors, and generate long-term value.
Robust Financial Performance Boosts Investor Confidence
The company’s strong investor appeal is backed by impressive financial results. In the second quarter of 2025, Flutter reported revenue of approximately $4.2 billion, marking a 16% rise compared to the previous year. Its adjusted EBITDA grew by 25%, reaching $919 million, and the EBITDA margin expanded to 21.9%, reflecting improved operational efficiency.
CEO Peter Jackson remains positive about the company’s future, highlighting growth momentum in emerging markets like Brazil, where Flutter has established a leadership position, and in Italy, where the company is gaining ground regionally. Although acknowledging challenges posed by economic and regulatory pressures, Jackson expressed confidence in the company’s ability to navigate these obstacles.
Flutter’s consistent financial strength, geographic reach, and clear strategic vision have played a crucial role in sustaining its popularity with hedge funds. The company continues to hold a market-leading position and is one of the few non-technology firms to rank among the most favored hedge fund investments.
