MGM Resorts International
500 hedge funds and large institutions have $5.56B invested in MGM Resorts International in 2020 Q2 according to their latest regulatory filings, with 121 funds opening new positions, 170 increasing their positions, 158 reducing their positions, and 90 closing their positions.
34% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 90
26% more capital invested
Capital invested by funds: $4.43B → $5.56B (+$1.14B)
6% more funds holding
Funds holding: 470 → 500 (+30)
8% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 158
8.74% less ownership
Funds ownership: 75.96% → 67.22% (-8.7%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
38% less call options, than puts
Call options by funds: $240M | Put options by funds: $389M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
+$163M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$91.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$62.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$29.7M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$75.5M |
| 2 |
EC
Eminence Capital
New York
|
-$74.5M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$63.9M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$60.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$52.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACA
576
Atlas Capital Advisors
Jackson,
Wyoming
| – | -$31K | -2,624 | Closed |
|
|
ASN
577
Advisory Services Network
Atlanta,
Georgia
| – | -$22K | -1,860 | Closed |
|
|
FCA
578
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$16K | -1,336 | Closed |
|
|
AA
579
Advisory Alpha
Holland,
Michigan
| – | -$16.2K | -1,175 | Closed |
|
|
GSWM
580
Golden State Wealth Management
Santa Ana,
California
| – | -$11K | -900 | Closed |
|
|
AIS
581
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | -$8K | -700 | Closed |
|
|
PW
582
Price Wealth
Austin,
Texas
| – | -$8K | -672 | Closed |
|
|
WAP
583
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$8K | -650 | Closed |
|
|
CFB
584
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$4K | -355 | Closed |
|
|
LSA
585
Lion Street Advisors
Austin,
Texas
| – | -$2K | -156 | Closed |
|
|
OSAM
586
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$145 | +9 | New |
|
|
LS
587
Leelyn Smith
Geneva,
Illinois
| – | +$323 | +20 | New |
|
588
Simplex Trading
Chicago,
Illinois
| – | +$515K | +31,898 | +25% |
|
MGM Hedge Fund Activity: Q2 2020 in Review
500 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2020, worth a combined $5.56B — up 26% from $4.43B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new MGM positions and 90 closed out — a net gain of 31 holders — while 170 added to existing stakes and 158 trimmed.
The largest buyer was SRS Investment Management, adding an estimated $163M. The largest seller was T. Rowe Price Associates, cutting an estimated $75.5M.
- 500 institutional investors held MGM Resorts International (MGM) as of Q2 2020, up from 470 in Q1 2020.
- Funds reported $5.56B of MGM Resorts International stock for Q2 2020, up 26% quarter-over-quarter.
- 121 funds opened new MGM Resorts International positions in Q2 2020 and 90 closed out, a net change of +31 holders.
- The largest MGM Resorts International buyer in Q2 2020 was SRS Investment Management, an estimated $163M added.
- The largest MGM Resorts International seller in Q2 2020 was T. Rowe Price Associates, an estimated $75.5M sold.
Based on aggregated 13F filings for Q2 2020.