MGM Resorts International
336 hedge funds and large institutions have $7.11B invested in MGM Resorts International in 2015 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 140 increasing their positions, 95 reducing their positions, and 54 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 95
28% more call options, than puts
Call options by funds: $220M | Put options by funds: $172M
4% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 54
1% less funds holding
Funds holding: 341 → 336 (-5)
3.89% less ownership
Funds ownership: 73.13% → 69.25% (-3.9%)
6% less capital invested
Capital invested by funds: $7.55B → $7.11B (-$443M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$175M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$113M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$105M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$92.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$89.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$144M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$140M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$100M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$92.1M |
| 5 |
CM
Corvex Management
New York
|
-$82M |
MGM Hedge Fund Activity: Q2 2015 in Review
336 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2015, worth a combined $7.11B — down 5.9% from $7.55B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of MGM and 52 opened new positions — a net loss of 2 holders — while 95 trimmed existing stakes and 140 added.
The largest buyer was Canyon Capital Advisors, adding an estimated $175M. The largest seller was York Capital Management Global Advisors, cutting an estimated $144M.
- 336 institutional investors held MGM Resorts International (MGM) as of Q2 2015, down from 341 in Q1 2015.
- Funds reported $7.11B of MGM Resorts International stock for Q2 2015, down 5.9% quarter-over-quarter.
- 52 funds opened new MGM Resorts International positions in Q2 2015 and 54 closed out, a net change of -2 holders.
- The largest MGM Resorts International buyer in Q2 2015 was Canyon Capital Advisors, an estimated $175M added.
- The largest MGM Resorts International seller in Q2 2015 was York Capital Management Global Advisors, an estimated $144M sold.
Based on aggregated 13F filings for Q2 2015.