Monarch Casino & Resort
MCRI
172 hedge funds and large institutions have $921M invested in Monarch Casino & Resort in 2024 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 65 reducing their positions, and 27 closing their positions.
11% more capital invested
Capital invested by funds: $831M → $921M (+$90.1M)
1.81% more ownership
Funds ownership: 62.97% → 64.78% (+1.8%)
4% less funds holding
Funds holding: 179 → 172 (-7)
11% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 65
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
81% less call options, than puts
Call options by funds: $337K | Put options by funds: $1.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$36.4M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$11.7M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$8.74M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.14M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.6M |
| 2 |
Cerity Partners
New York
|
-$6.56M |
| 3 |
Bank of New York Mellon
New York
|
-$6.31M |
| 4 |
LHC
Lodge Hill Capital
New York
|
-$4.79M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$4.68M |
MCRI Hedge Fund Activity: Q1 2024 in Review
172 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Monarch Casino & Resort (MCRI) for Q1 2024, worth a combined $921M — up 11% from $831M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of MCRI and 21 opened new positions — a net loss of 6 holders — while 65 trimmed existing stakes and 58 added.
The largest buyer was First Trust Advisors, adding an estimated $36.4M. The largest seller was Morgan Stanley, cutting an estimated $14.6M.
- 172 institutional investors held Monarch Casino & Resort (MCRI) as of Q1 2024, down from 179 in Q4 2023.
- Funds reported $921M of Monarch Casino & Resort stock for Q1 2024, up 11% quarter-over-quarter.
- 21 funds opened new Monarch Casino & Resort positions in Q1 2024 and 27 closed out, a net change of -6 holders.
- The largest Monarch Casino & Resort buyer in Q1 2024 was First Trust Advisors, an estimated $36.4M added.
- The largest Monarch Casino & Resort seller in Q1 2024 was Morgan Stanley, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2024.