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MGM Resorts International
MGM

333 hedge funds and large institutions have $9.1B invested in MGM Resorts International in 2015 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 128 increasing their positions, 102 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 35

25% more repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 102

23% more capital invested

Capital invested by funds: $7.37B → $9.1B (+$1.73B)

19% more call options, than puts

Call options by funds: $323M | Put options by funds: $271M

19% more funds holding in top 10

Funds holding in top 10: 16 → 19 (+3)

5% more funds holding

Funds holding: 318 → 333 (+15)

0.08% more ownership

Funds ownership: 71.05% → 71.13% (+0.08%)

Holders
333
Holders Change
+15
Holders Change %
+4.72%
% of All Funds
8.74%
Holding in Top 10
19
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+18.75%
% of All Funds
0.5%
New
57
Increased
128
Reduced
102
Closed
35
Calls
$323M
Puts
$271M
Net Calls
+$52.4M
Net Calls Change
-$17.9M

Top Buyers

Rank Fund Capital Flow
1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$73.2M
2
WCMNY
Westchester Capital Management (New York)
New York
+$57.4M
3
Deutsche Bank
Deutsche Bank
Germany
+$48.3M
4
CCA
Canyon Capital Advisors
Texas
+$24.4M
5
CS
Credit Suisse
Switzerland
+$23.9M

Top Sellers

Rank Fund Capital Flow
1
GCM
Gates Capital Management
New York
-$113M
2
PC
Paulson & Co
New York
-$106M
3
SAM
Sheffield Asset Management
Illinois
-$29.2M
4
Fidelity Investments
Fidelity Investments
Massachusetts
-$23.6M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$20.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
WCMNY
26
Westchester Capital Management (New York)
New York
$59.1M +$57.4M +2,601,600 New
Northern Trust
27
Northern Trust
Illinois
$57.2M -$6.71M -303,991 -11%
AC
28
Ascend Capital
California
$55.4M -$1.31M -59,171 -2%
Lord, Abbett & Co
29
Lord, Abbett & Co
New Jersey
$54.7M +$17.8M +804,651 +50%
Jennison Associates
30
Jennison Associates
New York
$51.9M +$3.28M +148,783 +7%
Bank of America
31
Bank of America
North Carolina
$49.5M +$11M +497,071 +30%
GCM
32
Gates Capital Management
New York
$48.8M -$113M -5,116,525 -70%
Allianz Asset Management
33
Allianz Asset Management
Germany
$47.3M -$4.56M -206,758 -9%
Morgan Stanley
34
Morgan Stanley
New York
$47M -$3.24M -146,960 -7%
GA
35
Glenhill Advisors
New York
$44.7M +$2.71M +122,673 +7%
CS
36
Credit Suisse
Switzerland
$44.1M +$23.9M +1,085,064 +127%
FCM
37
Frontier Capital Management
Massachusetts
$42.5M +$12.9M +584,300 +45%
Legal & General Group
38
Legal & General Group
United Kingdom
$42.3M +$2.03M +91,871 +5%
LBIM
39
Land & Buildings Investment Management
Connecticut
$41.9M -$757K -34,300 -2%
PCM
40
PAR Capital Management
Massachusetts
$40.9M +$882K +40,000 +2%
Bank of New York Mellon
41
Bank of New York Mellon
New York
$40.4M +$170K +7,716 +0.4%
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$39.6M +$4.08M +185,067 +12%
Citadel Advisors
43
Citadel Advisors
Florida
$38.4M +$4.72M +213,861 +15%
PP
44
Prudential plc
United Kingdom
$37.1M -$755K -34,218 -2%
CPM
45
Chesapeake Partners Management
Maryland
$36.6M +$7.02M +318,117 +25%
Millennium Management
46
Millennium Management
New York
$35.1M -$431K -19,529 -1%
SC
47
Shellback Capital
Massachusetts
$33.7M -$9.93M -450,000 -23%
Wells Fargo
48
Wells Fargo
California
$31.9M +$386K +17,474 +1%
HP
49
Hosking Partners
United Kingdom
$30.7M +$118K +5,371 +0.4%
BPCM
50
Beach Point Capital Management
California
$30.7M +$670K +30,354 +2%
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MGM Hedge Fund Activity: Q4 2015 in Review

333 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q4 2015, worth a combined $9.1B — up 23% from $7.37B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new MGM positions and 35 closed out — a net gain of 22 holders — while 128 added to existing stakes and 102 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $73.2M. The largest seller was Gates Capital Management, cutting an estimated $113M.

  • 333 institutional investors held MGM Resorts International (MGM) as of Q4 2015, up from 318 in Q3 2015.
  • Funds reported $9.1B of MGM Resorts International stock for Q4 2015, up 23% quarter-over-quarter.
  • 57 funds opened new MGM Resorts International positions in Q4 2015 and 35 closed out, a net change of +22 holders.
  • The largest MGM Resorts International buyer in Q4 2015 was T. Rowe Price Associates, an estimated $73.2M added.
  • The largest MGM Resorts International seller in Q4 2015 was Gates Capital Management, an estimated $113M sold.

Based on aggregated 13F filings for Q4 2015.