Highfields Capital Management’s MGM Resorts International MGM Stock Holding History

Highfields Capital 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
2019 Q2	–	Sell	-1,200,000	Closed	-$30.8M	–	8
2019 Q1	$30.8M	Sell	1,200,000 -1,000,000	-45%	-$27.4M	4.23%	8
2018 Q4	$53.4M	Sell	2,200,000 -1,214,000	-36%	-$31.7M	2.51%	16
2018 Q3	$95.3M	Buy	+3,414,000	New	+$99M	1.78%	22
2017 Q1	–	Sell	-2,610,306	Closed	-$75.3M	–	81
2016 Q4	$75.3M	Sell	2,610,306 -3,850,000	-60%	-$107M	0.62%	40
2016 Q3	$168M	Hold	6,460,306	–	–	1.58%	21
2016 Q2	$146M	Hold	6,460,306	–	–	1.27%	28
2016 Q1	$139M	Hold	6,460,306	–	–	1.29%	26
2015 Q4	$147M	Hold	6,460,306	–	–	1.26%	25
2015 Q3	$119M	Buy	6,460,306 +4,577,000	+243%	+$91.5M	1.05%	31
2015 Q2	$34.4M	Buy	+1,883,306	New	+$38.2M	0.31%	47

Other funds holding MGM

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Corvex Management New York $3.27B AUM 38.53% 1-Year Est. Return

Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

CCA

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

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $33B AUM 40.62% 1-Year Est. Return

Highfields Capital Management's MGM Position: Q2 2019 in Review

Highfields Capital Management sold out of MGM Resorts International (MGM) in Q2 2019, closing a stake of 1,200,000 shares — an estimated $30.8M sold.

Highfields Capital Management first reported a position in MGM in Q2 2015 and held it in 10 quarters. The position peaked at $168M in Q3 2016. 431 funds tracked by Wall St. Rank hold MGM as of Q2 2019.

Highfields Capital Management reported no remaining MGM Resorts International position as of Q2 2019 after selling out during the quarter.
Highfields Capital Management sold 1,200,000 MGM Resorts International shares in Q2 2019, an estimated $30.8M.
Highfields Capital Management first reported a position in MGM Resorts International in Q2 2015 and held it in 10 quarters.
Highfields Capital Management's MGM Resorts International position peaked at $168M in Q3 2016.
431 funds tracked by Wall St. Rank held MGM Resorts International as of Q2 2019.

Based on Highfields Capital Management's 13F filing for Q2 2019, filed 12 Aug 2019.