MGM Resorts International
483 hedge funds and large institutions have $12.6B invested in MGM Resorts International in 2018 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 176 increasing their positions, 167 reducing their positions, and 72 closing their positions.
14% more call options, than puts
Call options by funds: $488M | Put options by funds: $429M
7% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 72
5% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 167
0% more funds holding
Funds holding: 482 → 483 (+1)
3.88% less ownership
Funds ownership: 82.12% → 78.24% (-3.9%)
23% less capital invested
Capital invested by funds: $16.3B → $12.6B (-$3.69B)
31% less funds holding in top 10
Funds holding in top 10: 26 → 18 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$211M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$168M |
| 3 |
Bank of New York Mellon
New York
|
+$145M |
| 4 |
BlackRock
New York
|
+$102M |
| 5 |
CM
Corvex Management
New York
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$321M |
| 2 |
SCP
Soroban Capital Partners
New York
|
-$307M |
| 3 |
VM
Valinor Management
New York
|
-$182M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$149M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$143M |
MGM Hedge Fund Activity: Q2 2018 in Review
483 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2018, worth a combined $12.6B — down 23% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new MGM positions and 72 closed out — a net gain of 5 holders — while 176 added to existing stakes and 167 trimmed.
The largest buyer was Capital World Investors, adding an estimated $211M. The largest seller was Capital Research Global Investors, cutting an estimated $321M.
- 483 institutional investors held MGM Resorts International (MGM) as of Q2 2018, up from 482 in Q1 2018.
- Funds reported $12.6B of MGM Resorts International stock for Q2 2018, down 23% quarter-over-quarter.
- 77 funds opened new MGM Resorts International positions in Q2 2018 and 72 closed out, a net change of +5 holders.
- The largest MGM Resorts International buyer in Q2 2018 was Capital World Investors, an estimated $211M added.
- The largest MGM Resorts International seller in Q2 2018 was Capital Research Global Investors, an estimated $321M sold.
Based on aggregated 13F filings for Q2 2018.