MGM Resorts International
467 hedge funds and large institutions have $11.9B invested in MGM Resorts International in 2019 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 180 increasing their positions, 140 reducing their positions, and 41 closing their positions.
88% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 41
29% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 140
22% more call options, than puts
Call options by funds: $249M | Put options by funds: $203M
8% more funds holding
Funds holding: 431 → 467 (+36)
1.66% more ownership
Funds ownership: 81.01% → 82.67% (+1.7%)
4% less capital invested
Capital invested by funds: $12.4B → $11.9B (-$483M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$177M |
| 2 |
Renaissance Technologies
New York
|
+$62.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$48.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$43.4M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$43.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$386M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$74.8M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$64.4M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$61.7M |
| 5 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$49.8M |
MGM Hedge Fund Activity: Q3 2019 in Review
467 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2019, worth a combined $11.9B — down 3.9% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new MGM positions and 41 closed out — a net gain of 36 holders — while 180 added to existing stakes and 140 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $177M. The largest seller was Capital International Investors, exiting entirely with an estimated $386M sold.
- 467 institutional investors held MGM Resorts International (MGM) as of Q3 2019, up from 431 in Q2 2019.
- Funds reported $11.9B of MGM Resorts International stock for Q3 2019, down 3.9% quarter-over-quarter.
- 77 funds opened new MGM Resorts International positions in Q3 2019 and 41 closed out, a net change of +36 holders.
- The largest MGM Resorts International buyer in Q3 2019 was Point72 Asset Management, an estimated $177M added.
- The largest MGM Resorts International seller in Q3 2019 was Capital International Investors, an estimated $386M sold.
Based on aggregated 13F filings for Q3 2019.