MGM Resorts International
470 hedge funds and large institutions have $15.4B invested in MGM Resorts International in 2017 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 175 increasing their positions, 138 reducing their positions, and 50 closing their positions.
98% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 50
36% more call options, than puts
Call options by funds: $576M | Put options by funds: $424M
27% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 138
13% more capital invested
Capital invested by funds: $13.6B → $15.4B (+$1.76B)
10% more funds holding
Funds holding: 426 → 470 (+44)
6.39% more ownership
Funds ownership: 75.88% → 82.27% (+6.4%)
0% more funds holding in top 10
Funds holding in top 10: 21 → 21 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$326M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$310M |
| 3 |
BlackRock
New York
|
+$224M |
| 4 |
VM
Valinor Management
New York
|
+$121M |
| 5 |
SCP
Soroban Capital Partners
New York
|
+$94.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$411M |
| 2 |
Two Sigma Investments
New York
|
-$148M |
| 3 |
Two Sigma Advisers
New York
|
-$55.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$54.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$50.1M |
MGM Hedge Fund Activity: Q3 2017 in Review
470 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2017, worth a combined $15.4B — up 13% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new MGM positions and 50 closed out — a net gain of 49 holders — while 175 added to existing stakes and 138 trimmed.
The largest buyer was State Street, adding an estimated $326M. The largest seller was T. Rowe Price Associates, cutting an estimated $411M.
- 470 institutional investors held MGM Resorts International (MGM) as of Q3 2017, up from 426 in Q2 2017.
- Funds reported $15.4B of MGM Resorts International stock for Q3 2017, up 13% quarter-over-quarter.
- 99 funds opened new MGM Resorts International positions in Q3 2017 and 50 closed out, a net change of +49 holders.
- The largest MGM Resorts International buyer in Q3 2017 was State Street, an estimated $326M added.
- The largest MGM Resorts International seller in Q3 2017 was T. Rowe Price Associates, an estimated $411M sold.
Based on aggregated 13F filings for Q3 2017.