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MGM Resorts International
MGM

732 hedge funds and large institutions have $9.88B invested in MGM Resorts International in 2023 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 169 increasing their positions, 307 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 87

16% more capital invested

Capital invested by funds: $8.53B → $9.88B (+$1.36B)

7% more funds holding

Funds holding: 685 → 732 (+47)

0% more funds holding in top 10

Funds holding in top 10: 10 → 10 (0)

1.26% less ownership

Funds ownership: 66.01% → 64.75% (-1.3%)

29% less call options, than puts

Call options by funds: $347M | Put options by funds: $491M

45% less repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 307

Holders
732
Holders Change
+47
Holders Change %
+6.86%
% of All Funds
10.67%
Holding in Top 10
10
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.15%
New
142
Increased
169
Reduced
307
Closed
87
Calls
$347M
Puts
$491M
Net Calls
-$144M
Net Calls Change
+$22.9M

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$185M
2
BlackRock
BlackRock
New York
+$85.2M
3
Squarepoint
Squarepoint
New York
+$61.8M
4
Boston Partners
Boston Partners
Massachusetts
+$56.7M
5
Capital World Investors
Capital World Investors
California
+$38.6M

Top Sellers

1
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$275M
2
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
-$44.2M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$43.6M
4
Citadel Advisors
Citadel Advisors
Florida
-$40M
5
Ameriprise
Ameriprise
Minnesota
-$39.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.36B -$31.4M -801,486 -3%
BlackRock
2
BlackRock
New York
$968M +$85.2M +2,172,585 +11%
Morgan Stanley
3
Morgan Stanley
New York
$508M +$185M +4,713,785 +71%
State Street
4
State Street
Massachusetts
$484M -$15.8M -403,269 -4%
DSA
5
Davis Selected Advisers
Arizona
$462M +$19.1M +486,764 +5%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$319M -$275M -7,014,360 -50%
Capital World Investors
7
Capital World Investors
California
$293M +$38.6M +984,617 +18%
CM
8
Corvex Management
New York
$287M – – –
Geode Capital Management
9
Geode Capital Management
Massachusetts
$268M -$1.99M -50,755 -0.8%
Boston Partners
10
Boston Partners
Massachusetts
$242M +$56.7M +1,446,362 +36%
Canada Pension Plan Investment Board
11
Canada Pension Plan Investment Board
Ontario, Canada
$221M +$3.52M +89,751 +2%
Fisher Asset Management
12
Fisher Asset Management
Washington
$195M +$8.38M +213,528 +5%
Invesco
13
Invesco
Georgia
$168M -$6.93M -176,521 -4%
Bank of America
14
Bank of America
North Carolina
$156M +$5.77M +146,960 +4%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$150M -$945K -24,078 -0.7%
Norges Bank
16
Norges Bank
Norway
$140M -$7.37M -187,844 -6%
Northern Trust
17
Northern Trust
Illinois
$114M -$5.91M -150,595 -6%
SAM
18
Southeastern Asset Management
Tennessee
$111M -$3.32M -84,732 -3%
Charles Schwab
19
Charles Schwab
California
$108M +$212K +5,398 +0.2%
Westfield Capital Management
20
Westfield Capital Management
Massachusetts
$107M +$16.4M +416,911 +21%
UBS AM
21
UBS AM
Illinois
$99M -$2.62M -66,673 -3%
BAMCO Inc
22
BAMCO Inc
New York
$90.6M +$4.52M +115,103 +6%
N
23
Nuveen
North Carolina
$85.4M +$2.28M +58,018 +3%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$80.6M -$1.98M -50,589 -3%
Legal & General Group
25
Legal & General Group
United Kingdom
$75.4M +$974K +24,824 +1%
1
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MGM Hedge Fund Activity: Q4 2023 in Review

732 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q4 2023, worth a combined $9.88B — up 16% from $8.53B a quarter earlier.

Buyers outnumbered sellers: 142 funds opened new MGM positions and 87 closed out — a net gain of 55 holders — while 169 added to existing stakes and 307 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $185M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $275M.

  • 732 institutional investors held MGM Resorts International (MGM) as of Q4 2023, up from 685 in Q3 2023.
  • Funds reported $9.88B of MGM Resorts International stock for Q4 2023, up 16% quarter-over-quarter.
  • 142 funds opened new MGM Resorts International positions in Q4 2023 and 87 closed out, a net change of +55 holders.
  • The largest MGM Resorts International buyer in Q4 2023 was Morgan Stanley, an estimated $185M added.
  • The largest MGM Resorts International seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $275M sold.

Based on aggregated 13F filings for Q4 2023.