MGM Resorts International
MGM
720 hedge funds and large institutions have $9.7B invested in MGM Resorts International in 2024 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 250 increasing their positions, 255 reducing their positions, and 87 closing their positions.
0.06% more ownership
Funds ownership: 64.75% → 64.82% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
2% less capital invested
Capital invested by funds: $9.88B → $9.7B (-$187M)
2% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 255
2% less first-time investments, than exits
New positions opened: 85 | Existing positions closed: 87
8% less call options, than puts
Call options by funds: $244M | Put options by funds: $264M
2% less funds holding
Funds holding: 732 → 720 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$212M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$94.3M |
| 3 |
Man Group
London,
United Kingdom
|
+$76.6M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$68.4M |
| 5 |
GAM
Goldentree Asset Management
New York
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$319M |
| 2 |
Morgan Stanley
New York
|
-$282M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$213M |
| 4 |
Squarepoint
New York
|
-$68.9M |
| 5 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$54.5M |
MGM Hedge Fund Activity: Q1 2024 in Review
720 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q1 2024, worth a combined $9.7B — down 1.9% from $9.88B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of MGM and 85 opened new positions — a net loss of 2 holders — while 255 trimmed existing stakes and 250 added.
The largest buyer was BlackRock, adding an estimated $212M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $319M sold.
- 720 institutional investors held MGM Resorts International (MGM) as of Q1 2024, down from 732 in Q4 2023.
- Funds reported $9.7B of MGM Resorts International stock for Q1 2024, down 1.9% quarter-over-quarter.
- 85 funds opened new MGM Resorts International positions in Q1 2024 and 87 closed out, a net change of -2 holders.
- The largest MGM Resorts International buyer in Q1 2024 was BlackRock, an estimated $212M added.
- The largest MGM Resorts International seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $319M sold.
Based on aggregated 13F filings for Q1 2024.