Cohen & Steers (BYD) group discloses 8.47% Boyd Gaming ownership in 13G

Rhea-AI Filing Summary

Cohen & Steers and affiliates report an 8.47% passive ownership stake in Boyd Gaming Corp common stock. The group, led by Cohen & Steers, Inc. and its investment adviser subsidiaries, reports beneficial ownership of 6,295,869 BYD shares, with 5,680,545 shares having sole voting power. All reported shares are held with sole dispositive power and no shared voting or dispositive power. Subsidiaries in New York, the United Kingdom, Hong Kong and Ireland hold the securities for the benefit of underlying account holders, who are entitled to dividends and sale proceeds from the Boyd Gaming shares held on their behalf.

Key Figures

Beneficially owned shares: 6,295,869 shares Percent of class: 8.47% Sole voting power: 5,680,545 shares +3 more

6 metrics

Beneficially owned shares 6,295,869 shares Boyd Gaming Corp common stock reported by Cohen & Steers group

Percent of class 8.47% Boyd Gaming common stock represented by Cohen & Steers group holdings

Sole voting power 5,680,545 shares Boyd Gaming shares over which Cohen & Steers group has sole voting power

Sole dispositive power 6,295,869 shares Boyd Gaming shares over which Cohen & Steers group has sole dispositive power

Capital Management stake 6,231,059 shares Boyd Gaming shares beneficially owned by Cohen & Steers Capital Management, Inc. (8.38%)

UK Limited stake 61,911 shares Boyd Gaming shares beneficially owned by Cohen & Steers UK Limited (0.08%)

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, Investment Company Act of 1940

4 terms

beneficially owned financial

"Ownership (a) | Amount beneficially owned: 6,295,869"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"5 | Sole Voting Power 5,680,545.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"7 | Sole Dispositive Power 6,295,869.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Investment Company Act of 1940 regulatory

"shareholders of an investment company registered under the Investment Company Act of 1940"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

FAQ

What percentage of Boyd Gaming Corp (BYD) does Cohen & Steers beneficially own?

Cohen & Steers and its affiliates report beneficial ownership of 8.47% of Boyd Gaming Corp’s common stock, representing 6,295,869 shares held across several related investment adviser entities.

How many Boyd Gaming (BYD) shares does Cohen & Steers have voting power over?

Cohen & Steers entities report 5,680,545 Boyd Gaming shares with sole voting power and 0 shares with shared voting power, indicating all reported voting authority is held on a non-shared basis.

Which Cohen & Steers entities hold Boyd Gaming (BYD) shares?

The holders are Cohen & Steers, Inc., Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd, Cohen & Steers Asia Ltd, and Cohen & Steers Ireland Ltd, all controlled by Cohen & Steers, Inc. as parent.

Do Cohen & Steers’ clients benefit from the Boyd Gaming (BYD) holdings?

Yes. The Boyd Gaming shares are held by Cohen & Steers adviser subsidiaries for the benefit of their respective account holders, who have rights to dividends and sale proceeds from the securities held.

What is Cohen & Steers Capital Management’s individual stake in Boyd Gaming (BYD)?

Cohen & Steers Capital Management, Inc. reports beneficial ownership of 6,231,059 Boyd Gaming shares, representing 8.38% of the common stock, with all such shares held with sole dispositive power.

Does Cohen & Steers share dispositive power over its Boyd Gaming (BYD) stake?

No. Cohen & Steers and its listed affiliates report 6,295,869 Boyd Gaming shares with sole dispositive power and 0 shares with shared dispositive power, indicating exclusive control over disposition decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 09:00 AM Accepted by SEC EDGAR 08/14/2026 - 09:00 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Boyd Gaming Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

103304101

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 103304101

1

Names of Reporting Persons

Cohen & Steers, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,680,545.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 6,295,869.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,295,869.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.47 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP Number(s): 103304101

1

Names of Reporting Persons

Cohen & Steers Capital Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,651,125.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 6,231,059.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,231,059.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.38 %

12

Type of Reporting Person (See Instructions)

IA, CO

SCHEDULE 13G

CUSIP Number(s): 103304101

1

Names of Reporting Persons

Cohen & Steers UK Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 26,521.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 61,911.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

61,911.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.08 %

12

Type of Reporting Person (See Instructions)

CO, IA

SCHEDULE 13G

CUSIP Number(s): 103304101

1

Names of Reporting Persons

Cohen & Steers Asia Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

CO, IA

SCHEDULE 13G

CUSIP Number(s): 103304101

1

Names of Reporting Persons

Cohen & Steers Ireland Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

IRELAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,899.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,899.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,899.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

FI, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Boyd Gaming Corp
(b)	Address of issuer's principal executive offices: 6465 South Rainbow Boulevard Las Vegas, Nevada 89118
Item 2.
(a)	Name of person filing: Cohen & Steers, Inc. Cohen & Steers Capital Management, Inc. Cohen & Steers UK Ltd Cohen & Steers Asia Ltd Cohen & Steers Ireland Ltd
(b)	Address or principal business office or, if none, residence: The principal address for Cohen & Steers, Inc. and Cohen & Steers Capital Management, Inc. is: 1166 Avenue of the Americas, 30th Floor New York, NY 10036 The principal address for Cohen & Steers UK Ltd. is: The Burlian, 2nd floor, 3 Dering Street, London W1S 1AA United Kingdom The principal address for Cohen & Steers Asia Ltd. is: 3301B, 33rd Floor, The Henderson 2 Murray Road Central, Hong Kong The principal address for Cohen & Steers Ireland Ltd. is: Suite G01 81 Merrion Square South Dublin 2 D02 NR12 Ireland
(c)	Citizenship: Cohen & Steers, Inc: Delaware corporation Cohen & Steers Capital Management, Inc: New York corporation Cohen & Steers UK Ltd: United Kingdom Private Limited Company Cohen & Steers Asia Ltd: Asia Private Limited Company Cohen & Steers Ireland Ltd: Ireland Private Limited Company
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 103304101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Corporation
Item 4.	Ownership
(a)	Amount beneficially owned: 6,295,869
(b)	Percent of class: 8.47 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 5,680,545
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 6,295,869
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Each of Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Asia Ltd. and Cohen & Steers Ireland Ltd. holds the securities of the Issuer to which this statement relates for the benefit of their respective account holders. Such account holders have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities of the Issuer that are held on their behalf.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Cohen & Steers, Inc. holds a 100% interest in Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Asia Ltd. (investment advisors registered under Section 203 of the Investment Advisers Act) and Cohen & Steers Ireland Ltd. (a non-US institution).
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Cohen & Steers, Inc.

Signature:	/s/ Nargis Hilal
Name/Title:	SVP, Global Chief Compliance Officer & Associate General Counsel
Date:	08/14/2026

Cohen & Steers Capital Management, Inc.

Signature:	/s/ Nargis Hilal
Name/Title:	SVP, Global Chief Compliance Officer & Associate General Counsel
Date:	08/14/2026

Cohen & Steers UK Limited

Signature:	/s/ Natalie Okorie
Name/Title:	VP, Compliance Officer
Date:	08/14/2026

Cohen & Steers Asia Limited

Signature:	/s/ Catherine Cheng
Name/Title:	VP, Compliance Officer
Date:	08/14/2026

Cohen & Steers Ireland Limited

Signature:	/s/ Alan Cooper
Name/Title:	VP, Compliance Officer
Date:	08/14/2026