Fir Tree Capital Management’s MGM Resorts International MGM Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2018
Q3
Sell
-2,891,931
Closed -$84M 74
2018
Q2
$84M Sell
2,891,931
-1,315,000
-31% -$42.5M 3.74% 11
2018
Q1
$147M Buy
4,206,931
+580,000
+16% +$20.4M 6.09% 7
2017
Q4
$121M Buy
3,626,931
+2,167,085
+148% +$69.8M 3.26% 10
2017
Q3
$47.6M Buy
+1,459,846
New +$47M 1.36% 21

Other funds holding MGM

Fir Tree Capital Management's MGM Position: Q3 2018 in Review

Fir Tree Capital Management sold out of MGM Resorts International (MGM) in Q3 2018, closing a stake of 2,891,931 shares — an estimated $84M sold.

Fir Tree Capital Management first reported a position in MGM in Q3 2017 and held it in 4 quarters. The position peaked at $147M in Q1 2018. 464 funds tracked by Wall St. Rank hold MGM as of Q3 2018.

  • Fir Tree Capital Management reported no remaining MGM Resorts International position as of Q3 2018 after selling out during the quarter.
  • Fir Tree Capital Management sold 2,891,931 MGM Resorts International shares in Q3 2018, an estimated $84M.
  • Fir Tree Capital Management first reported a position in MGM Resorts International in Q3 2017 and held it in 4 quarters.
  • Fir Tree Capital Management's MGM Resorts International position peaked at $147M in Q1 2018.
  • 464 funds tracked by Wall St. Rank held MGM Resorts International as of Q3 2018.

Based on Fir Tree Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.