
What smart money is saying about Las Vegas Sands
2 funds in our archive have pitched Las Vegas Sands, most recently Nightview Capital NITE ETF in June 2026.
Las Vegas Sands Corporation, in conjunction with its various subsidiaries, specializes in the development, ownership, and ongoing management of comprehensive integrated resort properties across both Asian and United States markets. The company maintains a significant portfolio of establishments in Macao, People's Republic of China, including The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao (which encompasses the Four Seasons Hotel Macao, Cotai Strip), and the Sands Macao. Furthermore, its Asian operations extend to Singapore, where it presides over the iconic Marina Bay Sands. Domestically, Las Vegas Sands also operates key assets within Las Vegas, Nevada: The Venetian Resort Hotel Casino, prominently situated on the renowned Las Vegas Strip, and the Sands Expo and Convention Center. These expansive integrated resorts are meticulously designed to offer a full spectrum of guest experiences, boasting luxurious accommodations, extensive gaming facilities, diverse entertainment venues, high-end retail shopping complexes, state-of-the-art convention and exhibition spaces, gourmet restaurants helmed by celebrity chefs, and numerous other guest conveniences. Established in 1988, Las Vegas Sands Corp. maintains its corporate headquarters in Las Vegas, Nevada.
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Position history
Between Q4 2024 and Q3 2026, 2 fund letters reported a position in Las Vegas Sands, with 1 buy (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
| Q2 2026 | 1 | 1 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 2 positions · 1 move
- September 2026
Listed in Baron Focused Growth Fund’s reported holdings.
Las Vegas Sands - New positionNightview Capital NITE ETFJune 2026
“We also leaned into a theme the market seems to have forgotten about entirely: businesses whose product is a physical, human experience. We bought Las Vegas Sands and MGM Resorts , and we added meaningfully to Wynn Resorts .”
Las Vegas Sands
Fund coverage · 2 theses
- Nightview Capital NITE ETFJune 2026
Las Vegas Sands owns integrated resorts with concrete-based moats and scarce licenses that support in-person gaming.
Read the full thesis - LVS AdvisoryDecember 2024
Las Vegas Sands (LVS) is leveraging Macau's recovery and its leadership in Singapore to capitalize on high-end tourism growth through strategic investments and operational excellence.
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