Orbis Allan Gray’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
2023 Q1	–	Sell	-2,394,200	Closed	-$80.3M	–	79
2022 Q4	$80.3M	Sell	2,394,200 -375,308	-14%	-$13M	0.64%	35
2022 Q3	$82.3M	Sell	2,769,508 -2,325,487	-46%	-$75.6M	0.67%	35
2022 Q2	$148M	Sell	5,094,995 -1,902,542	-27%	-$68.3M	1.19%	28
2022 Q1	$293M	Sell	6,997,537 -1,611,505	-19%	-$69.3M	2.14%	20
2021 Q4	$386M	Sell	8,609,042 -2,220,342	-21%	-$99.7M	2.86%	14
2021 Q3	$467M	Sell	10,829,384 -1,000,802	-8%	-$40.8M	3.21%	12
2021 Q2	$505M	Sell	11,830,186 -2,046,307	-15%	-$84.7M	3.19%	13
2021 Q1	$527M	Sell	13,876,493 -363,407	-3%	-$12.7M	3.77%	10
2020 Q4	$449M	Buy	14,239,900 +5,810,111	+69%	+$150M	3.25%	11
2020 Q3	$183M	Buy	+8,429,789	New	+$167M	1.44%	20