10% Owner Kenneth Dart Adds $27M in Total Return Swaps
FLUT is trading near its 52-week low of $91.52 (6.4% above the low).
Summary
10% owner Kenneth Dart purchased an additional $27 million in Total Return Swaps, continuing his pattern of increasing economic exposure to Flutter Entertainment.
Key Events · Ownership and Investor Activity · FLUT
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Significant Derivative Purchase
Kenneth Dart, a 10% owner, acquired $27,036,590 worth of Total Return Swaps, representing 279,160 notional shares at a reference price of $96.85 per unit.
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Continued Accumulation
This transaction extends a pattern of substantial derivative purchases by Mr. Dart, who has accumulated over $1.5 billion in net buys over the last 90 days, signaling strong conviction.
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Economic Exposure Increased
The Total Return Swaps provide economic exposure to the company's stock performance without direct share ownership, with a termination date of March 2, 2028.
Analysis · FLUT · Technology
Kenneth Dart, a significant 10% owner, continues to increase his economic exposure to Flutter Entertainment through substantial purchases of Total Return Swaps. This $27 million transaction, following several similar large derivative acquisitions, reinforces a strong accumulation trend by a major shareholder, indicating continued confidence despite recent negative news regarding leadership changes and guidance adjustments.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FLUT was trading at $97.38 on NYSE in the Technology sector, with a market capitalization of approximately $16.9B. The 52-week trading range was $91.52 to $313.69. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.