MGM Resorts International
323 hedge funds and large institutions have $7.76B invested in MGM Resorts International in 2014 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 103 increasing their positions, 114 reducing their positions, and 55 closing their positions.
1.88% more ownership
Funds ownership: 67.83% → 69.71% (+1.9%)
10% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 114
3% less funds holding
Funds holding: 333 → 323 (-10)
12% less capital invested
Capital invested by funds: $8.78B → $7.76B (-$1.02B)
13% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 55
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
27% less call options, than puts
Call options by funds: $455M | Put options by funds: $625M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$257M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$139M |
| 3 |
JP Morgan Chase
New York
|
+$50.4M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$46.2M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$37.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$81.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$65.5M |
| 3 |
Goldman Sachs
New York
|
-$63.4M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$51.5M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$43.8M |
MGM Hedge Fund Activity: Q3 2014 in Review
323 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2014, worth a combined $7.76B — down 12% from $8.78B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of MGM and 48 opened new positions — a net loss of 7 holders — while 114 trimmed existing stakes and 103 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $257M. The largest seller was D.E. Shaw & Co, cutting an estimated $81.6M.
- 323 institutional investors held MGM Resorts International (MGM) as of Q3 2014, down from 333 in Q2 2014.
- Funds reported $7.76B of MGM Resorts International stock for Q3 2014, down 12% quarter-over-quarter.
- 48 funds opened new MGM Resorts International positions in Q3 2014 and 55 closed out, a net change of -7 holders.
- The largest MGM Resorts International buyer in Q3 2014 was T. Rowe Price Associates, an estimated $257M added.
- The largest MGM Resorts International seller in Q3 2014 was D.E. Shaw & Co, an estimated $81.6M sold.
Based on aggregated 13F filings for Q3 2014.