Monarch Casino & Resort
MCRI
162 hedge funds and large institutions have $655M invested in Monarch Casino & Resort in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 53 reducing their positions, and 24 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 53
2.32% less ownership
Funds ownership: 64.05% → 61.72% (-2.3%)
4% less funds holding
Funds holding: 168 → 162 (-6)
8% less capital invested
Capital invested by funds: $709M → $655M (-$54.6M)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
+$6.91M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$4.31M |
| 3 |
BlackRock
New York
|
+$4M |
| 4 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$3.72M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.44M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.48M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$4.31M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.01M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$3.44M |
MCRI Hedge Fund Activity: Q3 2022 in Review
162 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Monarch Casino & Resort (MCRI) for Q3 2022, worth a combined $655M — down 7.7% from $709M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MCRI and 19 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 66 added.
The largest buyer was Davenport & Co, adding an estimated $6.91M. The largest seller was Lord, Abbett & Co, cutting an estimated $7.44M.
- 162 institutional investors held Monarch Casino & Resort (MCRI) as of Q3 2022, down from 168 in Q2 2022.
- Funds reported $655M of Monarch Casino & Resort stock for Q3 2022, down 7.7% quarter-over-quarter.
- 19 funds opened new Monarch Casino & Resort positions in Q3 2022 and 24 closed out, a net change of -5 holders.
- The largest Monarch Casino & Resort buyer in Q3 2022 was Davenport & Co, an estimated $6.91M added.
- The largest Monarch Casino & Resort seller in Q3 2022 was Lord, Abbett & Co, an estimated $7.44M sold.
Based on aggregated 13F filings for Q3 2022.