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

Palestra 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 Q1	–	Sell	-17,000	Closed	-$412K	–	26
2018 Q4	$412K	Sell	17,000 -3,121,000	-99%	-$81.4M	0.02%	19
2018 Q3	$87.6M	Buy	3,138,000 +433,000	+16%	+$12.6M	4.05%	14
2018 Q2	$78.5M	Buy	2,705,000 +350,000	+15%	+$11.3M	3.43%	17
2018 Q1	$82.5M	Sell	2,355,000 -315,000	-12%	-$11.1M	4.57%	12
2017 Q4	$89.2M	Buy	2,670,000 +580,000	+28%	+$18.7M	5%	8
2017 Q3	$68.1M	Buy	+2,090,000	New	+$67.2M	4.22%	14

Other funds holding MGM

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Corvex Management New York $2.52B AUM 25.53% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

CCA

Canyon Capital Advisors Dallas, Texas $772M AUM 32.81% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

Palestra Capital Management's MGM Position: Q1 2019 in Review

Palestra Capital Management sold out of MGM Resorts International (MGM) in Q1 2019, closing a stake of 17,000 shares — an estimated $412K sold.

Palestra Capital Management first reported a position in MGM in Q3 2017 and held it in 6 quarters. The position peaked at $89.2M in Q4 2017. 471 funds tracked by Wall St. Rank hold MGM as of Q1 2019.

Palestra Capital Management reported no remaining MGM Resorts International position as of Q1 2019 after selling out during the quarter.
Palestra Capital Management sold 17,000 MGM Resorts International shares in Q1 2019, an estimated $412K.
Palestra Capital Management first reported a position in MGM Resorts International in Q3 2017 and held it in 6 quarters.
Palestra Capital Management's MGM Resorts International position peaked at $89.2M in Q4 2017.
471 funds tracked by Wall St. Rank held MGM Resorts International as of Q1 2019.

Based on Palestra Capital Management's 13F filing for Q1 2019, filed 15 May 2019.