MGM Resorts International
358 hedge funds and large institutions have $9.19B invested in MGM Resorts International in 2016 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 146 increasing their positions, 104 reducing their positions, and 34 closing their positions.
82% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 34
40% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 104
8% more funds holding
Funds holding: 331 → 358 (+27)
7% more capital invested
Capital invested by funds: $8.57B → $9.19B (+$628M)
0.22% more ownership
Funds ownership: 71.7% → 71.92% (+0.22%)
5% less funds holding in top 10
Funds holding in top 10: 20 → 19 (-1)
27% less call options, than puts
Call options by funds: $381M | Put options by funds: $519M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$105M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$54.2M |
| 3 |
HCM
Highline Capital Management
New York
|
+$49.8M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$48.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$47.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$130M |
| 2 |
Goldman Sachs
New York
|
-$80.9M |
| 3 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$70.1M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$55.9M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$54.5M |
MGM Hedge Fund Activity: Q2 2016 in Review
358 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2016, worth a combined $9.19B — up 7.3% from $8.57B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new MGM positions and 34 closed out — a net gain of 28 holders — while 146 added to existing stakes and 104 trimmed.
The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $105M. The largest seller was Sculptor Capital, cutting an estimated $130M.
- 358 institutional investors held MGM Resorts International (MGM) as of Q2 2016, up from 331 in Q1 2016.
- Funds reported $9.19B of MGM Resorts International stock for Q2 2016, up 7.3% quarter-over-quarter.
- 62 funds opened new MGM Resorts International positions in Q2 2016 and 34 closed out, a net change of +28 holders.
- The largest MGM Resorts International buyer in Q2 2016 was Chartwell Investment Partners, an estimated $105M added.
- The largest MGM Resorts International seller in Q2 2016 was Sculptor Capital, an estimated $130M sold.
Based on aggregated 13F filings for Q2 2016.