MGM Resorts International
292 hedge funds and large institutions have $6.42B invested in MGM Resorts International in 2013 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 100 increasing their positions, 108 reducing their positions, and 32 closing their positions.
50% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 32
42% more capital invested
Capital invested by funds: $4.52B → $6.42B (+$1.9B)
15% more call options, than puts
Call options by funds: $384M | Put options by funds: $334M
5% more funds holding
Funds holding: 279 → 292 (+13)
1.77% more ownership
Funds ownership: 62.47% → 64.24% (+1.8%)
7% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 108
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$98.4M |
| 2 |
SC
Sculptor Capital
New York
|
+$95M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$80.6M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$65.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$64.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$109M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$105M |
| 3 |
PC
Paulson & Co
New York
|
-$73.1M |
| 4 |
IIM
Ivory Investment Management
New York
|
-$46.7M |
| 5 |
Goldman Sachs
New York
|
-$34.8M |
MGM Hedge Fund Activity: Q3 2013 in Review
292 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2013, worth a combined $6.42B — up 42% from $4.52B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new MGM positions and 32 closed out — a net gain of 16 holders — while 100 added to existing stakes and 108 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $98.4M. The largest seller was Janus Henderson Investors US, cutting an estimated $109M.
- 292 institutional investors held MGM Resorts International (MGM) as of Q3 2013, up from 279 in Q2 2013.
- Funds reported $6.42B of MGM Resorts International stock for Q3 2013, up 42% quarter-over-quarter.
- 48 funds opened new MGM Resorts International positions in Q3 2013 and 32 closed out, a net change of +16 holders.
- The largest MGM Resorts International buyer in Q3 2013 was D.E. Shaw & Co, an estimated $98.4M added.
- The largest MGM Resorts International seller in Q3 2013 was Janus Henderson Investors US, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2013.