Covalent Partners’s MGM Resorts International MGM Stock Holding History

Covalent Partners’s Portfolio MGM Stock Details MGM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-286,902	Closed	-$6.52M	–	35
2015 Q4	$6.52M	Sell	286,902 -326,000	-53%	-$7.19M	1.66%	19
2015 Q3	$11.3M	Sell	612,902 -607,000	-50%	-$12.1M	2.38%	21
2015 Q2	$22.3M	Sell	1,219,902 -41,000	-3%	-$833K	4.02%	8
2015 Q1	$26.5M	Sell	1,260,902 -695,000	-36%	-$14.5M	5.39%	7
2014 Q4	$41.8M	Buy	1,955,902 +529,402	+37%	+$11.5M	9.48%	2
2014 Q3	$32.5M	Buy	1,426,500 +199,500	+16%	+$4.97M	7.79%	3
2014 Q2	$32.4M	Buy	1,227,000 +431,000	+54%	+$10.8M	8.26%	2
2014 Q1	$20.6M	Buy	796,000 +70,500	+10%	+$1.82M	6.05%	6
2013 Q4	$17.1M	Buy	725,500 +190,000	+35%	+$3.87M	5.66%	7
2013 Q3	$10.9M	Hold	535,500	–	–	3.8%	13
2013 Q2	$7.92M	Buy	+535,500	New	+$7.57M	2.77%	16

Other funds holding MGM

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

Sculptor Capital New York $12.3B AUM 40.26% 1-Year Est. Return

CCA

Canyon Capital Advisors Dallas, Texas $882M AUM 62.77% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BCPEM

Bain Capital Public Equity Management Boston, Massachusetts $1.05B AUM 25.71% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

TCIM

TIAA CREF Investment Management New York $141B AUM 14.18% 1-Year Est. Return

Covalent Partners's MGM Position: Q1 2016 in Review

Covalent Partners sold out of MGM Resorts International (MGM) in Q1 2016, closing a stake of 286,902 shares — an estimated $6.52M sold.

Covalent Partners first reported a position in MGM in Q2 2013 and held it in 11 quarters. The position peaked at $41.8M in Q4 2014. 332 funds tracked by Wall St. Rank hold MGM as of Q1 2016.

Covalent Partners reported no remaining MGM Resorts International position as of Q1 2016 after selling out during the quarter.
Covalent Partners sold 286,902 MGM Resorts International shares in Q1 2016, an estimated $6.52M.
Covalent Partners first reported a position in MGM Resorts International in Q2 2013 and held it in 11 quarters.
Covalent Partners's MGM Resorts International position peaked at $41.8M in Q4 2014.
332 funds tracked by Wall St. Rank held MGM Resorts International as of Q1 2016.

Based on Covalent Partners's 13F filing for Q1 2016, filed 13 May 2016.