MGM Resorts International
MGM
729 hedge funds and large institutions have $8.93B invested in MGM Resorts International in 2024 Q2 according to their latest regulatory filings, with 97 funds opening new positions, 220 increasing their positions, 292 reducing their positions, and 76 closing their positions.
28% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 76
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
1% more funds holding
Funds holding: 720 → 729 (+9)
0.78% less ownership
Funds ownership: 64.82% → 64.04% (-0.78%)
8% less capital invested
Capital invested by funds: $9.7B → $8.93B (-$770M)
14% less call options, than puts
Call options by funds: $219M | Put options by funds: $253M
25% less repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 292
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$111M |
| 2 |
GAM
Goldentree Asset Management
New York
|
+$35.6M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$29.5M |
| 4 |
Goldman Sachs
New York
|
+$25.7M |
| 5 |
Jane Street
New York
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$207M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$65.7M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$43.6M |
| 4 |
BAMCO Inc
New York
|
-$35.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$32.7M |
MGM Hedge Fund Activity: Q2 2024 in Review
729 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2024, worth a combined $8.93B — down 7.9% from $9.7B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new MGM positions and 76 closed out — a net gain of 21 holders — while 220 added to existing stakes and 292 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $111M. The largest seller was BlackRock, cutting an estimated $207M.
- 729 institutional investors held MGM Resorts International (MGM) as of Q2 2024, up from 720 in Q1 2024.
- Funds reported $8.93B of MGM Resorts International stock for Q2 2024, down 7.9% quarter-over-quarter.
- 97 funds opened new MGM Resorts International positions in Q2 2024 and 76 closed out, a net change of +21 holders.
- The largest MGM Resorts International buyer in Q2 2024 was Citadel Advisors, an estimated $111M added.
- The largest MGM Resorts International seller in Q2 2024 was BlackRock, an estimated $207M sold.
Based on aggregated 13F filings for Q2 2024.