Melco Resorts & Entertainment
MLCO
218 hedge funds and large institutions have $3.11B invested in Melco Resorts & Entertainment in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 72 increasing their positions, 63 reducing their positions, and 13 closing their positions.
323% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 13
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
25% more capital invested
Capital invested by funds: $2.48B → $3.11B (+$626M)
22% more funds holding
Funds holding: 179 → 218 (+39)
14% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 63
13.25% more ownership
Funds ownership: 0% → 13.25% (+13%)
24% less call options, than puts
Call options by funds: $83.1M | Put options by funds: $109M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$162M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$146M |
| 3 |
O
OppenheimerFunds
New York
|
+$98.3M |
| 4 |
Morgan Stanley
New York
|
+$78.2M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$53.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$77.9M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$75.1M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$47.3M |
| 4 |
FTIM
Flowering Tree Investment Management
Singapore
|
-$10.3M |
| 5 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$10.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MTIM
226
Marathon Trading Investment Management
Radnor,
Pennsylvania
| – | -$188K | -11,700 | Closed |
|
|
3C
227
361 Capital
Denver,
Colorado
| – | -$66K | -4,075 | Closed |
|
228
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$22K | -1,350 | Closed |
|
|
BAM
229
Brave Asset Management
Summit,
New Jersey
| – | -$14K | -900 | Closed |
|
|
NA
230
Navellier & Associates
Reno,
Nevada
| – | -$4K | -255 | Closed |
|
|
QCG
231
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$566 | -33 | -18% |
|
MLCO Hedge Fund Activity: Q4 2016 in Review
218 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q4 2016, worth a combined $3.11B — up 25% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new MLCO positions and 13 closed out — a net gain of 42 holders — while 72 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $162M. The largest seller was Capital Research Global Investors, cutting an estimated $77.9M.
- 218 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q4 2016, up from 179 in Q3 2016.
- Funds reported $3.11B of Melco Resorts & Entertainment stock for Q4 2016, up 25% quarter-over-quarter.
- 55 funds opened new Melco Resorts & Entertainment positions in Q4 2016 and 13 closed out, a net change of +42 holders.
- The largest Melco Resorts & Entertainment buyer in Q4 2016 was Fidelity Investments, an estimated $162M added.
- The largest Melco Resorts & Entertainment seller in Q4 2016 was Capital Research Global Investors, an estimated $77.9M sold.
Based on aggregated 13F filings for Q4 2016.