MGM Resorts International
MGM
691 hedge funds and large institutions have $12.2B invested in MGM Resorts International in 2022 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 208 increasing their positions, 269 reducing their positions, and 84 closing their positions.
8% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 84
0.55% more ownership
Funds ownership: 66.12% → 66.66% (+0.55%)
0% less funds holding
Funds holding: 692 → 691 (-1)
12% less capital invested
Capital invested by funds: $13.9B → $12.2B (-$1.73B)
20% less call options, than puts
Call options by funds: $338M | Put options by funds: $422M
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
23% less repeat investments, than reductions
Existing positions increased: 208 | Existing positions reduced: 269
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$154M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$42.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$33.2M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$32.1M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$31.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$387M |
| 2 |
SIM
SRS Investment Management
New York
|
-$193M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$113M |
| 4 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$72.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$69.4M |
MGM Hedge Fund Activity: Q1 2022 in Review
691 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q1 2022, worth a combined $12.2B — down 12% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new MGM positions and 84 closed out — a net gain of 7 holders — while 208 added to existing stakes and 269 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $154M. The largest seller was Corvex Management, cutting an estimated $387M.
- 691 institutional investors held MGM Resorts International (MGM) as of Q1 2022, down from 692 in Q4 2021.
- Funds reported $12.2B of MGM Resorts International stock for Q1 2022, down 12% quarter-over-quarter.
- 91 funds opened new MGM Resorts International positions in Q1 2022 and 84 closed out, a net change of +7 holders.
- The largest MGM Resorts International buyer in Q1 2022 was Melvin Capital Management, an estimated $154M added.
- The largest MGM Resorts International seller in Q1 2022 was Corvex Management, an estimated $387M sold.
Based on aggregated 13F filings for Q1 2022.