Melco Resorts & Entertainment
MLCO
212 hedge funds and large institutions have $2.43B invested in Melco Resorts & Entertainment in 2016 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 54 increasing their positions, 75 reducing their positions, and 22 closing their positions.
95% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 22
10% more funds holding
Funds holding: 193 → 212 (+19)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
10% less capital invested
Capital invested by funds: $2.71B → $2.43B (-$280M)
28% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 75
51% less call options, than puts
Call options by funds: $42.1M | Put options by funds: $85.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$23M |
| 2 |
Citigroup
New York
|
+$12.8M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11.2M |
| 4 |
Millennium Management
New York
|
+$9.93M |
| 5 |
Lazard Asset Management
New York
|
+$8.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$138M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$43.9M |
| 3 |
O
OppenheimerFunds
New York
|
-$26.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$26.3M |
| 5 |
JP Morgan Chase
New York
|
-$20.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPC
226
Banque Pictet & Cie
Geneva 73,
Switzerland
| – | -$206K | -12,270 | Closed |
|
|
MAM
227
Mizuho Asset Management
Tokyo,
Japan
| – | -$35K | -2,100 | Closed |
|
|
RFC
228
Russell Frank Company
Seattle,
Washington
| – | -$29K | -1,700 | Closed |
|
|
IA
229
IFP Advisors
Tampa,
Florida
| – | -$17K | -1,004 | Closed |
|
|
ZB
230
Zions Bancorporation
Salt Lake City,
Utah
| – | -$13K | -1,000 | Closed |
|
|
CCMT
231
CMT Capital Markets Trading
Frankfurt,
Germany
| – | -$12.2K | -806 | Closed |
|
|
AFP
232
Ausdal Financial Partners
Davenport,
Iowa
| – | -$8K | -500 | Closed |
|
|
NMIS
233
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$5K | -300 | Closed |
|
|
GT
234
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$3K | -233 | Closed |
|
235
AssetMark Inc
Concord,
California
| – | -$1K | -76 | Closed |
|
MLCO Hedge Fund Activity: Q1 2016 in Review
212 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q1 2016, worth a combined $2.43B — down 10% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new MLCO positions and 22 closed out — a net gain of 21 holders — while 54 added to existing stakes and 75 trimmed.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $23M. The largest seller was Harris Associates, cutting an estimated $138M.
- 212 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q1 2016, up from 193 in Q4 2015.
- Funds reported $2.43B of Melco Resorts & Entertainment stock for Q1 2016, down 10% quarter-over-quarter.
- 43 funds opened new Melco Resorts & Entertainment positions in Q1 2016 and 22 closed out, a net change of +21 holders.
- The largest Melco Resorts & Entertainment buyer in Q1 2016 was Discovery Capital Management, an estimated $23M added.
- The largest Melco Resorts & Entertainment seller in Q1 2016 was Harris Associates, an estimated $138M sold.
Based on aggregated 13F filings for Q1 2016.