Melvin 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
-800,000
Closed -$23.2M 112
2018
Q2
$23.2M Sell
800,000
-1,838,400
-70% -$59.4M 0.21% 81
2018
Q1
$92.4M Buy
+2,638,400
New +$92.7M 0.88% 35
2017
Q1
Sell
-500,000
Closed -$14.4M 107
2016
Q4
$14.4M Buy
+500,000
New +$13.9M 0.37% 64

Other funds holding MGM

Melvin Capital Management's MGM Position: Q2 2022 in Review

Melvin Capital Management sold out of MGM Resorts International (MGM) in Q2 2022, closing a stake of 3,573,801 shares — an estimated $150M sold.

Melvin Capital Management first reported a position in MGM in Q3 2016 and held it in 7 quarters. The position peaked at $205M in Q1 2018. 615 funds tracked by Wall St. Rank hold MGM as of Q2 2022.

  • Melvin Capital Management reported no remaining MGM Resorts International position as of Q2 2022 after selling out during the quarter.
  • Melvin Capital Management sold 3,573,801 MGM Resorts International shares in Q2 2022, an estimated $150M.
  • Melvin Capital Management first reported a position in MGM Resorts International in Q3 2016 and held it in 7 quarters.
  • Melvin Capital Management's MGM Resorts International position peaked at $205M in Q1 2018.
  • 615 funds tracked by Wall St. Rank held MGM Resorts International as of Q2 2022.

Based on Melvin Capital Management's 13F filing for Q2 2022.