MGM Resorts International
431 hedge funds and large institutions have $12.4B invested in MGM Resorts International in 2019 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 145 increasing their positions, 171 reducing their positions, and 71 closing their positions.
12% more capital invested
Capital invested by funds: $11.1B → $12.4B (+$1.36B)
0.67% more ownership
Funds ownership: 80.35% → 81.01% (+0.67%)
3% less call options, than puts
Call options by funds: $194M | Put options by funds: $199M
8% less funds holding
Funds holding: 471 → 431 (-40)
15% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 171
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
48% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$138M |
| 2 |
CM
Corvex Management
New York
|
+$130M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$121M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$118M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$59.1M |
| 2 |
Two Sigma Investments
New York
|
-$51.4M |
| 3 |
JP Morgan Chase
New York
|
-$50.3M |
| 4 |
HVCM
HG Vora Capital Management
New York
|
-$46.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.7M |
MGM Hedge Fund Activity: Q2 2019 in Review
431 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2019, worth a combined $12.4B — up 12% from $11.1B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of MGM and 37 opened new positions — a net loss of 34 holders — while 171 trimmed existing stakes and 145 added.
The largest buyer was Capital World Investors, adding an estimated $138M. The largest seller was Marshall Wace, exiting entirely with an estimated $59.1M sold.
- 431 institutional investors held MGM Resorts International (MGM) as of Q2 2019, down from 471 in Q1 2019.
- Funds reported $12.4B of MGM Resorts International stock for Q2 2019, up 12% quarter-over-quarter.
- 37 funds opened new MGM Resorts International positions in Q2 2019 and 71 closed out, a net change of -34 holders.
- The largest MGM Resorts International buyer in Q2 2019 was Capital World Investors, an estimated $138M added.
- The largest MGM Resorts International seller in Q2 2019 was Marshall Wace, an estimated $59.1M sold.
Based on aggregated 13F filings for Q2 2019.