MGM Resorts International
615 hedge funds and large institutions have $7.73B invested in MGM Resorts International in 2022 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 209 increasing their positions, 243 reducing their positions, and 125 closing their positions.
4.1% less ownership
Funds ownership: 66.65% → 62.55% (-4.1%)
11% less funds holding
Funds holding: 691 → 615 (-76)
14% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 243
19% less call options, than puts
Call options by funds: $163M | Put options by funds: $202M
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
36% less capital invested
Capital invested by funds: $12.2B → $7.73B (-$4.44B)
51% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 125
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$119M |
| 2 |
Morgan Stanley
New York
|
+$71.2M |
| 3 |
FAM
Fred Alger Management
New York
|
+$43.7M |
| 4 |
LPC
Long Pond Capital
New York
|
+$33.3M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$29.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$172M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$122M |
| 3 |
SIM
SRS Investment Management
New York
|
-$75.7M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$68.3M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$63.9M |
MGM Hedge Fund Activity: Q2 2022 in Review
615 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q2 2022, worth a combined $7.73B — down 36% from $12.2B a quarter earlier.
Sellers outnumbered buyers: 125 funds closed out of MGM and 61 opened new positions — a net loss of 64 holders — while 243 trimmed existing stakes and 209 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $119M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $172M sold.
- 615 institutional investors held MGM Resorts International (MGM) as of Q2 2022, down from 691 in Q1 2022.
- Funds reported $7.73B of MGM Resorts International stock for Q2 2022, down 36% quarter-over-quarter.
- 61 funds opened new MGM Resorts International positions in Q2 2022 and 125 closed out, a net change of -64 holders.
- The largest MGM Resorts International buyer in Q2 2022 was T. Rowe Price Associates, an estimated $119M added.
- The largest MGM Resorts International seller in Q2 2022 was Massachusetts Financial Services, an estimated $172M sold.
Based on aggregated 13F filings for Q2 2022.