MGM Resorts International
MGM
732 hedge funds and large institutions have $9.88B invested in MGM Resorts International in 2023 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 169 increasing their positions, 307 reducing their positions, and 87 closing their positions.
63% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 87
16% more capital invested
Capital invested by funds: $8.53B → $9.88B (+$1.36B)
7% more funds holding
Funds holding: 685 → 732 (+47)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
1.26% less ownership
Funds ownership: 66.01% → 64.75% (-1.3%)
29% less call options, than puts
Call options by funds: $347M | Put options by funds: $491M
45% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 307
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$185M |
| 2 |
BlackRock
New York
|
+$85.2M |
| 3 |
Squarepoint
New York
|
+$61.8M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$56.7M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$38.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$275M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$44.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$40M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$39.8M |
MGM Hedge Fund Activity: Q4 2023 in Review
732 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q4 2023, worth a combined $9.88B — up 16% from $8.53B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new MGM positions and 87 closed out — a net gain of 55 holders — while 169 added to existing stakes and 307 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $185M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $275M.
- 732 institutional investors held MGM Resorts International (MGM) as of Q4 2023, up from 685 in Q3 2023.
- Funds reported $9.88B of MGM Resorts International stock for Q4 2023, up 16% quarter-over-quarter.
- 142 funds opened new MGM Resorts International positions in Q4 2023 and 87 closed out, a net change of +55 holders.
- The largest MGM Resorts International buyer in Q4 2023 was Morgan Stanley, an estimated $185M added.
- The largest MGM Resorts International seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $275M sold.
Based on aggregated 13F filings for Q4 2023.