MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP was delisted on the 28th of April, 2022.
228 hedge funds and large institutions have $3.45B invested in MGM Growth Properties LLC Class A common shares representing limited liability company interests in 2020 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 98 increasing their positions, 64 reducing their positions, and 25 closing their positions.
87% more call options, than puts
Call options by funds: $8.29M | Put options by funds: $4.43M
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
53% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 64
40% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 25
5% more funds holding
Funds holding: 218 → 228 (+10)
2% more capital invested
Capital invested by funds: $3.38B → $3.45B (+$62.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$69.5M |
| 2 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$36.2M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$35.8M |
| 4 |
LPC
Long Pond Capital
New York
|
+$35.6M |
| 5 |
Neuberger Berman Group
New York
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$136M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$73.5M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$37M |
| 4 |
Morgan Stanley
New York
|
-$27.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11.5M |
MGP Hedge Fund Activity: Q3 2020 in Review
228 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP) for Q3 2020, worth a combined $3.45B — up 1.9% from $3.38B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MGP positions and 25 closed out — a net gain of 10 holders — while 98 added to existing stakes and 64 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $69.5M. The largest seller was Zimmer Partners, exiting entirely with an estimated $136M sold.
- 228 institutional investors held MGM Growth Properties LLC Class A common shares representing limited liability company interests (MGP) as of Q3 2020, up from 218 in Q2 2020.
- Funds reported $3.45B of MGM Growth Properties LLC Class A common shares representing limited liability company interests stock for Q3 2020, up 1.9% quarter-over-quarter.
- 35 funds opened new MGM Growth Properties LLC Class A common shares representing limited liability company interests positions in Q3 2020 and 25 closed out, a net change of +10 holders.
- The largest MGM Growth Properties LLC Class A common shares representing limited liability company interests buyer in Q3 2020 was HG Vora Capital Management, an estimated $69.5M added.
- The largest MGM Growth Properties LLC Class A common shares representing limited liability company interests seller in Q3 2020 was Zimmer Partners, an estimated $136M sold.
Based on aggregated 13F filings for Q3 2020.