MGM Resorts International
471 hedge funds and large institutions have $4.43B invested in MGM Resorts International in 2020 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 175 increasing their positions, 151 reducing their positions, and 124 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 151
5% less funds holding
Funds holding: 498 → 471 (-27)
6.54% less ownership
Funds ownership: 82.5% → 75.96% (-6.5%)
17% less first-time investments, than exits
New positions opened: 103 | Existing positions closed: 124
30% less call options, than puts
Call options by funds: $116M | Put options by funds: $166M
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
69% less capital invested
Capital invested by funds: $14.2B → $4.43B (-$9.73B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$162M |
| 2 |
LPC
Long Pond Capital
New York
|
+$89.7M |
| 3 |
SIM
SRS Investment Management
New York
|
+$84.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$68.1M |
| 5 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$59.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$663M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$414M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$263M |
| 4 |
Goldman Sachs
New York
|
-$142M |
| 5 |
Renaissance Technologies
New York
|
-$128M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFSIG
576
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$4K | -108 | Closed |
|
|
GDP
577
Great Diamond Partners
Portland,
Maine
| – | -$3K | -104 | Closed |
|
|
TFA
578
Tobias Financial Advisors
Plantation,
Florida
| – | -$3K | -100 | Closed |
|
|
EWA
579
Evolution Wealth Advisors
Aventura,
Florida
| – | -$3K | -86 | Closed |
|
|
ADL
580
Asset Dedication LLC
San Francisco,
California
| – | -$2K | -73 | Closed |
|
|
BBHC
581
Brown Brothers Harriman & Co
New York
| – | -$2K | -73 | Closed |
|
|
WCM
582
Wealthcare Capital Management
Richmond,
Virginia
| – | -$2K | -66 | Closed |
|
|
OIA
583
Optimum Investment Advisors
Chicago,
Illinois
| – | -$1K | -38 | Closed |
|
|
FPFS
584
First Personal Financial Services
Charlotte,
North Carolina
| – | -$1K | -31 | Closed |
|
585
Fidelity International
Hamilton,
Bermuda
| – | -$1K | -29 | Closed |
|
|
HWM
586
HighMark Wealth Management
St. Paul,
Minnesota
| – | +$26 | +1 | +1% |
|
|
SCA
587
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | +$772 | +30 | New |
|
|
M
588
MOTCO
San Antonio,
Texas
| – | +$1.08K | +42 | New |
|
MGM Hedge Fund Activity: Q1 2020 in Review
471 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q1 2020, worth a combined $4.43B — down 69% from $14.2B a quarter earlier.
Sellers outnumbered buyers: 124 funds closed out of MGM and 103 opened new positions — a net loss of 21 holders — while 151 trimmed existing stakes and 175 added.
The largest buyer was Eminence Capital, opening a new position worth an estimated $162M. The largest seller was Capital World Investors, cutting an estimated $663M.
- 471 institutional investors held MGM Resorts International (MGM) as of Q1 2020, down from 498 in Q4 2019.
- Funds reported $4.43B of MGM Resorts International stock for Q1 2020, down 69% quarter-over-quarter.
- 103 funds opened new MGM Resorts International positions in Q1 2020 and 124 closed out, a net change of -21 holders.
- The largest MGM Resorts International buyer in Q1 2020 was Eminence Capital, an estimated $162M added.
- The largest MGM Resorts International seller in Q1 2020 was Capital World Investors, an estimated $663M sold.
Based on aggregated 13F filings for Q1 2020.