MGM Resorts International
MGM
319 hedge funds and large institutions have $7.66B invested in MGM Resorts International in 2013 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 100 increasing their positions, 112 reducing their positions, and 34 closing their positions.
91% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 34
63% more funds holding in top 10
Funds holding in top 10: 8 → 13 (+5)
20% more capital invested
Capital invested by funds: $6.38B → $7.66B (+$1.28B)
13% more call options, than puts
Call options by funds: $537M | Put options by funds: $476M
9% more funds holding
Funds holding: 292 → 319 (+27)
2.5% more ownership
Funds ownership: 63.95% → 66.45% (+2.5%)
11% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$121M |
| 2 |
D.E. Shaw & Co
New York
|
+$91.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$87.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$74.3M |
| 5 |
SC
Sculptor Capital
New York
|
+$72.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$284M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$75.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$45.2M |
| 4 |
Citigroup
New York
|
-$38.1M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$36M |
MGM Hedge Fund Activity: Q4 2013 in Review
319 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q4 2013, worth a combined $7.66B — up 20% from $6.38B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new MGM positions and 34 closed out — a net gain of 31 holders — while 100 added to existing stakes and 112 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $121M. The largest seller was Janus Henderson Investors US, cutting an estimated $284M.
- 319 institutional investors held MGM Resorts International (MGM) as of Q4 2013, up from 292 in Q3 2013.
- Funds reported $7.66B of MGM Resorts International stock for Q4 2013, up 20% quarter-over-quarter.
- 65 funds opened new MGM Resorts International positions in Q4 2013 and 34 closed out, a net change of +31 holders.
- The largest MGM Resorts International buyer in Q4 2013 was T. Rowe Price Associates, an estimated $121M added.
- The largest MGM Resorts International seller in Q4 2013 was Janus Henderson Investors US, an estimated $284M sold.
Based on aggregated 13F filings for Q4 2013.