MGM Resorts International
360 hedge funds and large institutions have $10.7B invested in MGM Resorts International in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 122 increasing their positions, 132 reducing their positions, and 37 closing their positions.
16% more capital invested
Capital invested by funds: $9.19B → $10.7B (+$1.48B)
11% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 37
0.61% more ownership
Funds ownership: 71.85% → 72.46% (+0.61%)
0% more funds holding
Funds holding: 359 → 360 (+1)
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
8% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 132
22% less call options, than puts
Call options by funds: $513M | Put options by funds: $655M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$370M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$43.7M |
| 3 |
Two Sigma Advisers
New York
|
+$41.3M |
| 4 |
Two Sigma Investments
New York
|
+$31.8M |
| 5 |
SCM
Sandler Capital Management
New York
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$161M |
| 2 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$96.2M |
| 3 |
SC
Sculptor Capital
New York
|
-$79.8M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$79.2M |
| 5 |
HVCM
HG Vora Capital Management
New York
|
-$49.1M |
MGM Hedge Fund Activity: Q3 2016 in Review
360 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2016, worth a combined $10.7B — up 16% from $9.19B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new MGM positions and 37 closed out — a net gain of 4 holders — while 122 added to existing stakes and 132 trimmed.
The largest buyer was Harris Associates, adding an estimated $370M. The largest seller was Capital World Investors, cutting an estimated $161M.
- 360 institutional investors held MGM Resorts International (MGM) as of Q3 2016, up from 359 in Q2 2016.
- Funds reported $10.7B of MGM Resorts International stock for Q3 2016, up 16% quarter-over-quarter.
- 41 funds opened new MGM Resorts International positions in Q3 2016 and 37 closed out, a net change of +4 holders.
- The largest MGM Resorts International buyer in Q3 2016 was Harris Associates, an estimated $370M added.
- The largest MGM Resorts International seller in Q3 2016 was Capital World Investors, an estimated $161M sold.
Based on aggregated 13F filings for Q3 2016.