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MGM Resorts International

341 hedge funds and large institutions have $7.55B invested in MGM Resorts International in 2015 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 110 increasing their positions, 107 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 52

23% more call options, than puts

Call options by funds: $344M | Put options by funds: $279M

9% more funds holding

Funds holding: 313341 (+28)

3% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 107

0% more capital invested

Capital invested by funds: $7.53B → $7.55B (+$27.5M)

0.86% less ownership

Funds ownership: 73.99%73.13% (-0.86%)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

Holders
341
Holders Change
+28
Holders Change %
+8.95%
% of All Funds
9.09%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.21%
New
83
Increased
110
Reduced
107
Closed
52
Calls
$344M
Puts
$279M
Net Calls
+$64.8M
Net Calls Change
+$246M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$1.42B +$72.4M +3,460,300 +5%
Capital World Investors
2
Capital World Investors
California
$771M +$40M +1,912,000 +6%
Capital Research Global Investors
3
Capital Research Global Investors
California
$535M +$116M +5,536,300 +28%
Vanguard Group
4
Vanguard Group
Pennsylvania
$491M +$28.6M +1,364,935 +6%
YCMGA
5
York Capital Management Global Advisors
New York
$209M +$208M +9,942,595 New
Goldman Sachs
6
Goldman Sachs
New York
$207M -$23.1M -1,104,532 -10%
BIT
7
BlackRock Institutional Trust
California
$196M +$13M +622,064 +7%
SC
8
Sculptor Capital
New York
$157M +$59.5M +2,840,838 +62%
BCPEM
9
Bain Capital Public Equity Management
Massachusetts
$155M +$99.8M +4,766,182 +182%
State Street
10
State Street
Massachusetts
$134M +$681K +32,516 +0.5%
PC
11
Paulson & Co
New York
$131M -$15.7M -750,000 -11%
Morgan Stanley
12
Morgan Stanley
New York
$122M +$87M +4,154,859 +255%
CI
13
Cambiar Investors
Colorado
$120M +$25.8M +1,231,406 +28%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$103M -$13M -619,615 -11%
TAL
15
TIG Advisors LLC
New York
$100M +$99.8M +4,768,668 New
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$99.2M -$4.84M -231,042 -5%
TCIM
17
TIAA CREF Investment Management
New York
$94.2M +$56.8M +2,712,474 +153%
DCM
18
Discovery Capital Management
Connecticut
$92.1M +$91.7M +4,378,800 New
GCM
19
Gates Capital Management
New York
$89.6M +$22.1M +1,054,532 +33%
CM
20
Corvex Management
New York
$82M +$81.6M +3,898,782 New
JP Morgan Chase
21
JP Morgan Chase
New York
$74.5M -$40.8M -1,950,683 -36%
Citadel Advisors
22
Citadel Advisors
Florida
$72.2M -$59.8M -2,857,898 -45%
BFA
23
BlackRock Fund Advisors
California
$69M +$3.03M +144,795 +5%
PP
24
Prudential plc
United Kingdom
$65.2M +$9.16M +437,463 +16%
Norges Bank
25
Norges Bank
Norway
$64.5M +$2.74M +130,894 +4%

MGM Hedge Fund Activity: Q1 2015 in Review

341 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q1 2015, worth a combined $7.55B — up 0.37% from $7.53B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new MGM positions and 52 closed out — a net gain of 31 holders — while 110 added to existing stakes and 107 trimmed.

The largest buyer was York Capital Management Global Advisors, opening a new position worth an estimated $208M. The largest seller was Senator Investment Group, exiting entirely with an estimated $150M sold.

  • 341 institutional investors held MGM Resorts International (MGM) as of Q1 2015, up from 313 in Q4 2014.
  • Funds reported $7.55B of MGM Resorts International stock for Q1 2015, up 0.37% quarter-over-quarter.
  • 83 funds opened new MGM Resorts International positions in Q1 2015 and 52 closed out, a net change of +31 holders.
  • The largest MGM Resorts International buyer in Q1 2015 was York Capital Management Global Advisors, an estimated $208M added.
  • The largest MGM Resorts International seller in Q1 2015 was Senator Investment Group, an estimated $150M sold.

Based on aggregated 13F filings for Q1 2015.