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Fred Alger Management’s MGM Resorts International MGM Stock Holding History

Fred Alger Management’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
2024
Q1 		– Sell
-155,958
Closed -$6.97M – 477
2023
Q4 		$6.97M Sell
155,958
-563,358
-78% -$22.1M 0.04% 214
2023
Q3 		$26.4M Sell
719,316
-769,023
-52% -$34M 0.15% 124
2023
Q2 		$65.4M Sell
1,488,339
-548,136
-27% -$23.4M 0.33% 86
2023
Q1 		$90.5M Sell
2,036,475
-1,391,641
-41% -$57.8M 0.48% 55
2022
Q4 		$115M Sell
3,428,116
-4,949,558
-59% -$171M 0.62% 45
2022
Q3 		$249M Sell
8,377,674
-3,122,747
-27% -$102M 1.26% 14
2022
Q2 		$333M Buy
11,500,421
+1,216,783
+12% +$43.7M 1.55% 11
2022
Q1 		$431M Sell
10,283,638
-962,905
-9% -$41.4M 1.38% 11
2021
Q4 		$505M Buy
11,246,543
+2,102,096
+23% +$94.4M 1.26% 14
2021
Q3 		$395M Buy
9,144,447
+210,593
+2% +$8.58M 0.94% 19
2021
Q2 		$381M Buy
8,933,854
+3,735,286
+72% +$155M 0.9% 22
2021
Q1 		$197M Buy
+5,198,568
New +$181M 0.52% 58
2017
Q4 		– Sell
-5,917
Closed -$193K – 575
2017
Q3 		$193K Sell
5,917
-448,933
-99% -$14.4M ﹤0.01% 382
2017
Q2 		$14.2M Buy
+454,850
New +$14.1M 0.07% 156
2016
Q2 		– Sell
-875
Closed -$19K – 552
2016
Q1 		$19K Hold
875
– – ﹤0.01% 486
2015
Q4 		$20K Buy
+875
New +$19.3K ﹤0.01% 501
2015
Q2 		– Sell
-155,035
Closed -$3.26M – 522
2015
Q1 		$3.26M Sell
155,035
-2,276,002
-94% -$47.6M 0.01% 380
2014
Q4 		$52M Buy
2,431,037
+2,430,622
+585,692% +$52.8M 0.25% 95
2014
Q3 		$9K Hold
415
– – ﹤0.01% 548
2014
Q2 		$11K Sell
415
-224,821
-100% -$5.61M ﹤0.01% 565
2014
Q1 		$5.83M Sell
225,236
-3,686,062
-94% -$94.9M 0.03% 337
2013
Q4 		$92M Buy
3,911,298
+3,269,230
+509% +$66.6M 0.47% 69
2013
Q3 		$13.1M Sell
642,068
-119,331
-16% -$2.08M 0.07% 261
2013
Q2 		$11.3M Buy
+761,399
New +$10.8M 0.07% 273

Other funds holding MGM

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Boston Partners
Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return
CM
Corvex Management New York $2.52B AUM 25.53% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Fisher Asset Management
Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

Fred Alger Management's MGM Position: Q1 2024 in Review

Fred Alger Management sold out of MGM Resorts International (MGM) in Q1 2024, closing a stake of 155,958 shares — an estimated $6.97M sold.

Fred Alger Management first reported a position in MGM in Q2 2013 and held it in 24 quarters. The position peaked at $505M in Q4 2021. 720 funds tracked by Wall St. Rank hold MGM as of Q1 2024.

  • Fred Alger Management reported no remaining MGM Resorts International position as of Q1 2024 after selling out during the quarter.
  • Fred Alger Management sold 155,958 MGM Resorts International shares in Q1 2024, an estimated $6.97M.
  • Fred Alger Management first reported a position in MGM Resorts International in Q2 2013 and held it in 24 quarters.
  • Fred Alger Management's MGM Resorts International position peaked at $505M in Q4 2021.
  • 720 funds tracked by Wall St. Rank held MGM Resorts International as of Q1 2024.

Based on Fred Alger Management's 13F filing for Q1 2024, filed 15 May 2024.