MGM Resorts International
MGM
483 hedge funds and large institutions have $16.3B invested in MGM Resorts International in 2018 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 156 increasing their positions, 185 reducing their positions, and 69 closing their positions.
177% more call options, than puts
Call options by funds: $971M | Put options by funds: $351M
13% more funds holding in top 10
Funds holding in top 10: 23 → 26 (+3)
4% more capital invested
Capital invested by funds: $15.6B → $16.3B (+$650M)
0.62% less ownership
Funds ownership: 82.74% → 82.12% (-0.62%)
3% less funds holding
Funds holding: 498 → 483 (-15)
13% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 69
16% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 185
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$516M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$350M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$208M |
| 4 |
MCM
Melvin Capital Management
New York
|
+$118M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$93.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$508M |
| 2 |
SIG
Senator Investment Group
New York
|
-$246M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$233M |
| 4 |
TP
Third Point
New York
|
-$100M |
| 5 |
Barclays
London,
United Kingdom
|
-$90.3M |
MGM Hedge Fund Activity: Q1 2018 in Review
483 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q1 2018, worth a combined $16.3B — up 4.2% from $15.6B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of MGM and 60 opened new positions — a net loss of 9 holders — while 185 trimmed existing stakes and 156 added.
The largest buyer was Capital World Investors, adding an estimated $516M. The largest seller was Capital Research Global Investors, cutting an estimated $508M.
- 483 institutional investors held MGM Resorts International (MGM) as of Q1 2018, down from 498 in Q4 2017.
- Funds reported $16.3B of MGM Resorts International stock for Q1 2018, up 4.2% quarter-over-quarter.
- 60 funds opened new MGM Resorts International positions in Q1 2018 and 69 closed out, a net change of -9 holders.
- The largest MGM Resorts International buyer in Q1 2018 was Capital World Investors, an estimated $516M added.
- The largest MGM Resorts International seller in Q1 2018 was Capital Research Global Investors, an estimated $508M sold.
Based on aggregated 13F filings for Q1 2018.