MGM Resorts International
MGM
334 hedge funds and large institutions have $10.6B invested in MGM Resorts International in 2014 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 94 increasing their positions, 131 reducing their positions, and 37 closing their positions.
57% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 37
46% more call options, than puts
Call options by funds: $460M | Put options by funds: $314M
39% more capital invested
Capital invested by funds: $7.66B → $10.6B (+$2.95B)
5% more funds holding
Funds holding: 319 → 334 (+15)
3.47% more ownership
Funds ownership: 66.45% → 69.92% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
28% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$388M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$374M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$364M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$177M |
| 5 |
D.E. Shaw & Co
New York
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$135M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$133M |
| 3 |
PC
Paulson & Co
New York
|
-$131M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$126M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$124M |
MGM Hedge Fund Activity: Q1 2014 in Review
334 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q1 2014, worth a combined $10.6B — up 39% from $7.66B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new MGM positions and 37 closed out — a net gain of 21 holders — while 94 added to existing stakes and 131 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $388M. The largest seller was Arrowstreet Capital, cutting an estimated $135M.
- 334 institutional investors held MGM Resorts International (MGM) as of Q1 2014, up from 319 in Q4 2013.
- Funds reported $10.6B of MGM Resorts International stock for Q1 2014, up 39% quarter-over-quarter.
- 58 funds opened new MGM Resorts International positions in Q1 2014 and 37 closed out, a net change of +21 holders.
- The largest MGM Resorts International buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $388M added.
- The largest MGM Resorts International seller in Q1 2014 was Arrowstreet Capital, an estimated $135M sold.
Based on aggregated 13F filings for Q1 2014.