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MGM Resorts International
MGM

685 hedge funds and large institutions have $8.53B invested in MGM Resorts International in 2023 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 191 increasing their positions, 291 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.96% more ownership

Funds ownership: 65.05% → 66.01% (+0.96%)

3% less funds holding

Funds holding: 706 → 685 (-21)

16% less first-time investments, than exits

New positions opened: 81 | Existing positions closed: 96

18% less capital invested

Capital invested by funds: $10.4B → $8.53B (-$1.87B)

34% less repeat investments, than reductions

Existing positions increased: 191 | Existing positions reduced: 291

35% less call options, than puts

Call options by funds: $313M | Put options by funds: $480M

44% less funds holding in top 10

Funds holding in top 10: 18 → 10 (-8)

Holders
685
Holders Change
-21
Holders Change %
-2.97%
% of All Funds
10.87%
Holding in Top 10
10
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-44.44%
% of All Funds
0.16%
New
81
Increased
191
Reduced
291
Closed
96
Calls
$313M
Puts
$480M
Net Calls
-$167M
Net Calls Change
-$105M

Top Buyers

1
DSA
Davis Selected Advisers
Arizona
+$435M
2
Capital World Investors
Capital World Investors
California
+$246M
3
Boston Partners
Boston Partners
Massachusetts
+$165M
4
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$74.5M
5
Citadel Advisors
Citadel Advisors
Florida
+$48.2M

Top Sellers

1
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$242M
2
Vanguard Group
Vanguard Group
Pennsylvania
-$146M
3
Bessemer Group
Bessemer Group
New Jersey
-$141M
4
BlackRock
BlackRock
New York
-$120M
5
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
-$75.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
NA
476
NewEdge Advisors
Louisiana
$248K -$597K -13,519 -67%
CIBC Private Wealth Group
477
CIBC Private Wealth Group
Georgia
$248K +$298K +6,736 New
Capstone Investment Advisors
478
Capstone Investment Advisors
New York
$243K +$292K +6,615 New
Bessemer Group
479
Bessemer Group
New Jersey
$240K -$141M -3,190,374 -100%
NIM
480
NEOS Investment Management
Connecticut
$238K +$286K +6,462 New
P
481
Pitcairn
Pennsylvania
$236K -$29.4K -665 -9%
DEA
482
DoubleLine ETF Adviser
Florida
$236K -$6.63K -150 -2%
OQS
483
Occudo Quantitative Strategies
Florida
$235K -$263K -5,959 -48%
AA
484
Ancora Advisors
Ohio
$234K -$2.96K -67 -1%
NEWAS
485
N.E.W. Advisory Services
Wisconsin
$232K +$279K +6,311 New
IUHSA
486
Itau Unibanco Holding S.A.
Brazil
$232K +$279K +6,306 New
FHA
487
Flagship Harbor Advisors
Massachusetts
$230K +$57.6K +1,304 +26%
CCM
488
Coldstream Capital Management
Washington
$229K -$223K -5,053 -45%
SW
489
SVB Wealth
Massachusetts
$227K -$26.5K -600 -9%
NAS
490
Nicolet Advisory Services
Wisconsin
$225K +$1.1K +25 +0.4%
WAM
491
WNY Asset Management
New York
$221K +$18.8K +425 +8%
BRWA
492
B. Riley Wealth Advisors
Florida
$219K +$35.8K +810 +16%
ONB
493
Old National Bancorp
Indiana
$217K +$261K +5,916 New
GWM
494
Geneos Wealth Management
Colorado
$215K +$36.5K +825 +16%
MAM
495
Meeder Asset Management
Ohio
$213K – – –
OWA
496
One Wealth Advisors
California
$213K +$32.1K +727 +14%
NCM
497
Next Capital Management
New York
$211K – – –
CGL
498
Clarius Group LLC
Washington
$209K -$53.2K -1,204 -17%
PA
499
PFG Advisors
Arizona
$208K +$4.68K +106 +2%
PA
500
Profund Advisors
Maryland
$207K -$87.3K -1,975 -26%
18 19
20
21 22

MGM Hedge Fund Activity: Q3 2023 in Review

685 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2023, worth a combined $8.53B — down 18% from $10.4B a quarter earlier.

Sellers outnumbered buyers: 96 funds closed out of MGM and 81 opened new positions — a net loss of 15 holders — while 291 trimmed existing stakes and 191 added.

The largest buyer was Davis Selected Advisers, opening a new position worth an estimated $435M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $242M.

  • 685 institutional investors held MGM Resorts International (MGM) as of Q3 2023, down from 706 in Q2 2023.
  • Funds reported $8.53B of MGM Resorts International stock for Q3 2023, down 18% quarter-over-quarter.
  • 81 funds opened new MGM Resorts International positions in Q3 2023 and 96 closed out, a net change of -15 holders.
  • The largest MGM Resorts International buyer in Q3 2023 was Davis Selected Advisers, an estimated $435M added.
  • The largest MGM Resorts International seller in Q3 2023 was T. Rowe Price Investment Management, an estimated $242M sold.

Based on aggregated 13F filings for Q3 2023.