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MGM Resorts International

334 hedge funds and large institutions have $10.6B invested in MGM Resorts International in 2014 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 94 increasing their positions, 131 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 37

46% more call options, than puts

Call options by funds: $460M | Put options by funds: $314M

39% more capital invested

Capital invested by funds: $7.66B → $10.6B (+$2.95B)

5% more funds holding

Funds holding: 319334 (+15)

3.47% more ownership

Funds ownership: 66.45%69.92% (+3.5%)

0% more funds holding in top 10

Funds holding in top 10: 1313 (0)

28% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 131

Holders
334
Holders Change
+15
Holders Change %
+4.7%
% of All Funds
9.65%
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.38%
New
58
Increased
94
Reduced
131
Closed
37
Calls
$460M
Puts
$314M
Net Calls
+$146M
Net Calls Change
+$85.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$2.15B +$388M +15,045,890 +3,192%
Capital World Investors
2
Capital World Investors
California
$964M +$364M +14,130,400 +61%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$884M +$374M +14,508,383 +74%
PC
4
Paulson & Co
New York
$613M -$131M -5,075,800 -18%
Vanguard Group
5
Vanguard Group
Pennsylvania
$529M +$16.5M +642,418 +3%
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$386M +$103M +4,008,345 +37%
Capital Research Global Investors
7
Capital Research Global Investors
California
$297M +$177M +6,876,500 +149%
BIT
8
BlackRock Institutional Trust
California
$266M -$1.57M -60,765 -0.6%
SC
9
Sculptor Capital
New York
$264M +$26.2M +1,015,383 +11%
State Street
10
State Street
Massachusetts
$221M -$75.5M -2,929,994 -26%
Goldman Sachs
11
Goldman Sachs
New York
$192M -$95M -3,689,860 -33%
JHIU
12
Janus Henderson Investors US
Colorado
$149M -$133M -5,159,075 -47%
Bank of America
13
Bank of America
North Carolina
$133M +$54M +2,094,971 +68%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$130M +$3.56M +138,039 +3%
Deutsche Bank
15
Deutsche Bank
Germany
$117M -$126M -4,881,631 -52%
SFM
16
Systematic Financial Management
New Jersey
$98.5M -$8.43M -327,246 -8%
AM
17
Appaloosa Management
Florida
$93.1M -$72.7M -2,823,111 -44%
Two Sigma Investments
18
Two Sigma Investments
New York
$92.2M -$57.3M -2,223,536 -38%
Barclays
19
Barclays
United Kingdom
$85.8M +$18.9M +732,710 +27%
GCM
20
Gates Capital Management
New York
$82.1M -$11.6M -450,000 -12%
Renaissance Technologies
21
Renaissance Technologies
New York
$75.2M -$12M -465,300 -14%
Federated Hermes
22
Federated Hermes
Pennsylvania
$72.9M +$7.81M +303,096 +12%
Morgan Stanley
23
Morgan Stanley
New York
$72.9M +$25.6M +993,396 +54%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$72.2M -$30.9M -1,201,400 -30%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$71.9M -$135M -5,245,544 -65%

MGM Hedge Fund Activity: Q1 2014 in Review

334 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q1 2014, worth a combined $10.6B — up 39% from $7.66B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new MGM positions and 37 closed out — a net gain of 21 holders — while 94 added to existing stakes and 131 trimmed.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $388M. The largest seller was Arrowstreet Capital, cutting an estimated $135M.

  • 334 institutional investors held MGM Resorts International (MGM) as of Q1 2014, up from 319 in Q4 2013.
  • Funds reported $10.6B of MGM Resorts International stock for Q1 2014, up 39% quarter-over-quarter.
  • 58 funds opened new MGM Resorts International positions in Q1 2014 and 37 closed out, a net change of +21 holders.
  • The largest MGM Resorts International buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $388M added.
  • The largest MGM Resorts International seller in Q1 2014 was Arrowstreet Capital, an estimated $135M sold.

Based on aggregated 13F filings for Q1 2014.