MGM Resorts International
576 hedge funds and large institutions have $10.1B invested in MGM Resorts International in 2020 Q4 according to their latest regulatory filings, with 135 funds opening new positions, 151 increasing their positions, 209 reducing their positions, and 68 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
99% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 68
45% more capital invested
Capital invested by funds: $7B → $10.1B (+$3.13B)
19% more call options, than puts
Call options by funds: $646M | Put options by funds: $541M
11% more funds holding
Funds holding: 518 → 576 (+58)
0.62% less ownership
Funds ownership: 65.3% → 64.68% (-0.62%)
28% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 209
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$150M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$150M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$145M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$129M |
| 5 |
Morgan Stanley
New York
|
+$67.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$409M |
| 2 |
SIM
SRS Investment Management
New York
|
-$146M |
| 3 |
JP Morgan Chase
New York
|
-$85.8M |
| 4 |
Goldman Sachs
New York
|
-$60.3M |
| 5 |
Citigroup
New York
|
-$29.3M |
MGM Hedge Fund Activity: Q4 2020 in Review
576 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q4 2020, worth a combined $10.1B — up 45% from $7B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new MGM positions and 68 closed out — a net gain of 67 holders — while 151 added to existing stakes and 209 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $150M. The largest seller was T. Rowe Price Associates, cutting an estimated $409M.
- 576 institutional investors held MGM Resorts International (MGM) as of Q4 2020, up from 518 in Q3 2020.
- Funds reported $10.1B of MGM Resorts International stock for Q4 2020, up 45% quarter-over-quarter.
- 135 funds opened new MGM Resorts International positions in Q4 2020 and 68 closed out, a net change of +67 holders.
- The largest MGM Resorts International buyer in Q4 2020 was Canada Pension Plan Investment Board, an estimated $150M added.
- The largest MGM Resorts International seller in Q4 2020 was T. Rowe Price Associates, an estimated $409M sold.
Based on aggregated 13F filings for Q4 2020.