MGM Resorts International
639 hedge funds and large institutions have $8.16B invested in MGM Resorts International in 2022 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 162 increasing their positions, 271 reducing their positions, and 61 closing their positions.
51% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 61
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
7% more capital invested
Capital invested by funds: $7.64B → $8.16B (+$514M)
2% more funds holding
Funds holding: 625 → 639 (+14)
2.07% less ownership
Funds ownership: 65.37% → 63.3% (-2.1%)
39% less call options, than puts
Call options by funds: $209M | Put options by funds: $344M
40% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 271
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$107M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$103M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$42.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$40.5M |
| 5 |
AM
Atreides Management
Boston,
Massachusetts
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$171M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$64.5M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$54.6M |
| 4 |
SM
Senvest Management
New York
|
-$52.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$47.7M |
MGM Hedge Fund Activity: Q4 2022 in Review
639 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q4 2022, worth a combined $8.16B — up 6.7% from $7.64B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new MGM positions and 61 closed out — a net gain of 31 holders — while 162 added to existing stakes and 271 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $107M. The largest seller was Fred Alger Management, cutting an estimated $171M.
- 639 institutional investors held MGM Resorts International (MGM) as of Q4 2022, up from 625 in Q3 2022.
- Funds reported $8.16B of MGM Resorts International stock for Q4 2022, up 6.7% quarter-over-quarter.
- 92 funds opened new MGM Resorts International positions in Q4 2022 and 61 closed out, a net change of +31 holders.
- The largest MGM Resorts International buyer in Q4 2022 was T. Rowe Price Investment Management, an estimated $107M added.
- The largest MGM Resorts International seller in Q4 2022 was Fred Alger Management, an estimated $171M sold.
Based on aggregated 13F filings for Q4 2022.