MGM Resorts International
482 hedge funds and large institutions have $12.6B invested in MGM Resorts International in 2018 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 176 increasing their positions, 166 reducing their positions, and 73 closing their positions.
14% more call options, than puts
Call options by funds: $488M | Put options by funds: $429M
6% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 166
4% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 73
0% less funds holding
Funds holding: 483 → 482 (-1)
3.88% less ownership
Funds ownership: 82.12% → 78.24% (-3.9%)
22% less capital invested
Capital invested by funds: $16.3B → $12.6B (-$3.65B)
31% less funds holding in top 10
Funds holding in top 10: 26 → 18 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$211M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$168M |
| 3 |
Bank of New York Mellon
New York
|
+$145M |
| 4 |
BlackRock
New York
|
+$102M |
| 5 |
CM
Corvex Management
New York
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$321M |
| 2 |
SCP
Soroban Capital Partners
New York
|
-$307M |
| 3 |
VM
Valinor Management
New York
|
-$182M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$149M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$143M |
MGM Hedge Fund Activity: Q2 2018 in Review
482 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2018, worth a combined $12.6B — down 22% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new MGM positions and 73 closed out — a net gain of 3 holders — while 176 added to existing stakes and 166 trimmed.
The largest buyer was Capital World Investors, adding an estimated $211M. The largest seller was Capital Research Global Investors, cutting an estimated $321M.
- 482 institutional investors held MGM Resorts International (MGM) as of Q2 2018, down from 483 in Q1 2018.
- Funds reported $12.6B of MGM Resorts International stock for Q2 2018, down 22% quarter-over-quarter.
- 76 funds opened new MGM Resorts International positions in Q2 2018 and 73 closed out, a net change of +3 holders.
- The largest MGM Resorts International buyer in Q2 2018 was Capital World Investors, an estimated $211M added.
- The largest MGM Resorts International seller in Q2 2018 was Capital Research Global Investors, an estimated $321M sold.
Based on aggregated 13F filings for Q2 2018.