MGM Resorts International
498 hedge funds and large institutions have $15.6B invested in MGM Resorts International in 2017 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 165 increasing their positions, 179 reducing their positions, and 63 closing their positions.
52% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 63
50% more call options, than puts
Call options by funds: $619M | Put options by funds: $411M
10% more funds holding in top 10
Funds holding in top 10: 21 → 23 (+2)
6% more funds holding
Funds holding: 469 → 498 (+29)
1% more capital invested
Capital invested by funds: $15.4B → $15.6B (+$205M)
0.49% more ownership
Funds ownership: 82.25% → 82.74% (+0.49%)
8% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 179
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$190M |
| 2 |
EC
Eminence Capital
New York
|
+$164M |
| 3 |
TP
Third Point
New York
|
+$96.7M |
| 4 |
Goldman Sachs
New York
|
+$96.6M |
| 5 |
SCP
Soroban Capital Partners
New York
|
+$84.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$289M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$219M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$109M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$95.4M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$89.1M |
MGM Hedge Fund Activity: Q4 2017 in Review
498 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q4 2017, worth a combined $15.6B — up 1.3% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new MGM positions and 63 closed out — a net gain of 33 holders — while 165 added to existing stakes and 179 trimmed.
The largest buyer was BlackRock, adding an estimated $190M. The largest seller was PointState Capital, exiting entirely with an estimated $289M sold.
- 498 institutional investors held MGM Resorts International (MGM) as of Q4 2017, up from 469 in Q3 2017.
- Funds reported $15.6B of MGM Resorts International stock for Q4 2017, up 1.3% quarter-over-quarter.
- 96 funds opened new MGM Resorts International positions in Q4 2017 and 63 closed out, a net change of +33 holders.
- The largest MGM Resorts International buyer in Q4 2017 was BlackRock, an estimated $190M added.
- The largest MGM Resorts International seller in Q4 2017 was PointState Capital, an estimated $289M sold.
Based on aggregated 13F filings for Q4 2017.