MGM Resorts International
690 hedge funds and large institutions have $7.96B invested in MGM Resorts International in 2024 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 215 increasing their positions, 294 reducing their positions, and 110 closing their positions.
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
2.96% more ownership
Funds ownership: 64.04% → 67% (+3%)
6% less funds holding
Funds holding: 731 → 690 (-41)
11% less capital invested
Capital invested by funds: $8.93B → $7.96B (-$969M)
27% less repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 294
29% less call options, than puts
Call options by funds: $280M | Put options by funds: $393M
31% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$282M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$98.9M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$93.4M |
| 4 |
GAM
Goldentree Asset Management
New York
|
+$55M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$40.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$181M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$173M |
| 3 |
Man Group
London,
United Kingdom
|
-$63.7M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$58.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$29.9M |
MGM Hedge Fund Activity: Q3 2024 in Review
690 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in MGM Resorts International (MGM) for Q3 2024, worth a combined $7.96B — down 11% from $8.93B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of MGM and 76 opened new positions — a net loss of 34 holders — while 294 trimmed existing stakes and 215 added.
The largest buyer was Davis Selected Advisers, adding an estimated $282M. The largest seller was BlackRock, cutting an estimated $181M.
- 690 institutional investors held MGM Resorts International (MGM) as of Q3 2024, down from 731 in Q2 2024.
- Funds reported $7.96B of MGM Resorts International stock for Q3 2024, down 11% quarter-over-quarter.
- 76 funds opened new MGM Resorts International positions in Q3 2024 and 110 closed out, a net change of -34 holders.
- The largest MGM Resorts International buyer in Q3 2024 was Davis Selected Advisers, an estimated $282M added.
- The largest MGM Resorts International seller in Q3 2024 was BlackRock, an estimated $181M sold.
Based on aggregated 13F filings for Q3 2024.