MGM Resorts International
333 hedge funds and large institutions have $8.78B invested in MGM Resorts International in 2014 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 114 increasing their positions, 122 reducing their positions, and 46 closing their positions.
16% more call options, than puts
Call options by funds: $449M | Put options by funds: $386M
0% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 46
0% less funds holding
Funds holding: 334 → 333 (-1)
7% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 122
2.09% less ownership
Funds ownership: 69.92% → 67.83% (-2.1%)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
17% less capital invested
Capital invested by funds: $10.6B → $8.78B (-$1.83B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$255M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$113M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$102M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$67.7M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$66.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$377M |
| 2 |
D.E. Shaw & Co
New York
|
-$93.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$71.9M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$55.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$52.7M |
MGM Hedge Fund Activity: Q2 2014 in Review
333 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2014, worth a combined $8.78B — down 17% from $10.6B a quarter earlier.
Fund positioning in MGM was balanced in Q2 2014: 46 funds opened new positions, 46 closed out, 114 added to existing stakes and 122 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $255M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $377M.
- 333 institutional investors held MGM Resorts International (MGM) as of Q2 2014, down from 334 in Q1 2014.
- Funds reported $8.78B of MGM Resorts International stock for Q2 2014, down 17% quarter-over-quarter.
- 46 funds opened new MGM Resorts International positions in Q2 2014 and 46 closed out, a net change of 0 holders.
- The largest MGM Resorts International buyer in Q2 2014 was Winslow Capital Management, an estimated $255M added.
- The largest MGM Resorts International seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $377M sold.
Based on aggregated 13F filings for Q2 2014.