MGM Resorts International
663 hedge funds and large institutions have $13.2B invested in MGM Resorts International in 2021 Q2 according to their latest regulatory filings, with 101 funds opening new positions, 211 increasing their positions, 237 reducing their positions, and 80 closing their positions.
26% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 80
14% more capital invested
Capital invested by funds: $11.7B → $13.2B (+$1.59B)
3% more funds holding
Funds holding: 645 → 663 (+18)
1.33% more ownership
Funds ownership: 61.97% → 63.31% (+1.3%)
11% less repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 237
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
29% less call options, than puts
Call options by funds: $403M | Put options by funds: $571M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$368M |
| 2 |
FAM
Fred Alger Management
New York
|
+$155M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$153M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$111M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$573M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$84.7M |
| 3 |
BlackRock
New York
|
-$73.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$68.7M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$41.1M |
MGM Hedge Fund Activity: Q2 2021 in Review
663 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2021, worth a combined $13.2B — up 14% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new MGM positions and 80 closed out — a net gain of 21 holders — while 211 added to existing stakes and 237 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $368M. The largest seller was Harris Associates, cutting an estimated $573M.
- 663 institutional investors held MGM Resorts International (MGM) as of Q2 2021, up from 645 in Q1 2021.
- Funds reported $13.2B of MGM Resorts International stock for Q2 2021, up 14% quarter-over-quarter.
- 101 funds opened new MGM Resorts International positions in Q2 2021 and 80 closed out, a net change of +21 holders.
- The largest MGM Resorts International buyer in Q2 2021 was T. Rowe Price Associates, an estimated $368M added.
- The largest MGM Resorts International seller in Q2 2021 was Harris Associates, an estimated $573M sold.
Based on aggregated 13F filings for Q2 2021.