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MGM Resorts International

318 hedge funds and large institutions have $7.37B invested in MGM Resorts International in 2015 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 129 increasing their positions, 114 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more funds holding in top 10

Funds holding in top 10: 716 (+9)

30% more call options, than puts

Call options by funds: $306M | Put options by funds: $235M

13% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 114

1.81% more ownership

Funds ownership: 69.25%71.05% (+1.8%)

4% more capital invested

Capital invested by funds: $7.11B → $7.37B (+$262M)

5% less funds holding

Funds holding: 336318 (-18)

33% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 46

Holders
318
Holders Change
-18
Holders Change %
-5.36%
% of All Funds
8.88%
Holding in Top 10
16
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+128.57%
% of All Funds
0.45%
New
31
Increased
129
Reduced
114
Closed
46
Calls
$306M
Puts
$235M
Net Calls
+$70.2M
Net Calls Change
+$22.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$49.4M +$6M +299,977 +13%
AC
27
Ascend Capital
California
$46M +$27.9M +1,397,800 +127%
TA
28
Teachers Advisors
New York
$45.3M +$12.7M +634,823 +35%
Allianz Asset Management
29
Allianz Asset Management
Germany
$42.2M -$2.72M -136,200 -6%
Morgan Stanley
30
Morgan Stanley
New York
$40.9M +$2.7M +135,114 +6%
Jennison Associates
31
Jennison Associates
New York
$39.4M +$5.41M +270,654 +15%
Fidelity Investments
32
Fidelity Investments
Massachusetts
$39.3M -$50.4M -2,519,400 -54%
Susquehanna International Group
33
Susquehanna International Group
Pennsylvania
$35.9M +$3.29M +164,850 +9%
SC
34
Shellback Capital
Massachusetts
$35.7M +$16.7M +834,500 +76%
LBIM
35
Land & Buildings Investment Management
Connecticut
$34.7M
GA
36
Glenhill Advisors
New York
$34.1M +$36.9M +1,846,360 New
Bank of New York Mellon
37
Bank of New York Mellon
New York
$32.7M +$2.85M +142,692 +9%
Legal & General Group
38
Legal & General Group
United Kingdom
$32.6M -$919K -46,003 -3%
PCM
39
PAR Capital Management
Massachusetts
$32.5M +$28M +1,399,900 +389%
Bank of America
40
Bank of America
North Carolina
$31.1M -$6.7M -335,057 -17%
PP
41
Prudential plc
United Kingdom
$30.8M -$11.4M -570,293 -25%
Lord, Abbett & Co
42
Lord, Abbett & Co
New Jersey
$29.6M +$3.04M +151,868 +10%
SAM
43
Sheffield Asset Management
Illinois
$29.2M +$4.73M +236,627 +18%
Millennium Management
44
Millennium Management
New York
$28.9M -$43.4M -2,172,983 -58%
D.E. Shaw & Co
45
D.E. Shaw & Co
New York
$28.8M -$37.4M -1,870,661 -55%
Citadel Advisors
46
Citadel Advisors
Florida
$27.2M -$64.2M -3,211,222 -69%
Wells Fargo
47
Wells Fargo
California
$25.6M +$1.8M +90,074 +7%
HP
48
Hosking Partners
United Kingdom
$24.8M +$26.9M +1,345,437 New
BPCM
49
Beach Point Capital Management
California
$24.4M +$10.3M +517,622 +65%
HHC
50
Hutchin Hill Capital
New York
$24M +$25.2M +1,258,900 +2,861%

MGM Hedge Fund Activity: Q3 2015 in Review

318 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2015, worth a combined $7.37B — up 3.7% from $7.11B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of MGM and 31 opened new positions — a net loss of 15 holders — while 114 trimmed existing stakes and 129 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $296M. The largest seller was Capital World Investors, cutting an estimated $340M.

  • 318 institutional investors held MGM Resorts International (MGM) as of Q3 2015, down from 336 in Q2 2015.
  • Funds reported $7.37B of MGM Resorts International stock for Q3 2015, up 3.7% quarter-over-quarter.
  • 31 funds opened new MGM Resorts International positions in Q3 2015 and 46 closed out, a net change of -15 holders.
  • The largest MGM Resorts International buyer in Q3 2015 was T. Rowe Price Associates, an estimated $296M added.
  • The largest MGM Resorts International seller in Q3 2015 was Capital World Investors, an estimated $340M sold.

Based on aggregated 13F filings for Q3 2015.