Melco Resorts & Entertainment
MLCO
232 hedge funds and large institutions have $3.5B invested in Melco Resorts & Entertainment in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 86 increasing their positions, 68 reducing their positions, and 28 closing their positions.
75% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 28
26% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 68
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
12% more capital invested
Capital invested by funds: $3.11B → $3.5B (+$386M)
11% more call options, than puts
Call options by funds: $61.2M | Put options by funds: $54.9M
6% more funds holding
Funds holding: 218 → 232 (+14)
0.45% less ownership
Funds ownership: 13.25% → 12.8% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$266M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$91.4M |
| 3 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
+$50.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$35.6M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$383M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$164M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$35M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$26.5M |
| 5 |
Citigroup
New York
|
-$24.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIS
251
Morningstar Investment Services
Chicago,
Illinois
| – | -$232K | -14,612 | Closed |
|
|
PAS
252
Point72 Asia (Singapore)
Singapore
| – | -$201K | -12,650 | Closed |
|
|
HMC
253
Harvard Management Company
Boston,
Massachusetts
| – | -$192K | -12,100 | Closed |
|
254
Invesco
Atlanta,
Georgia
| – | -$167K | -10,481 | Closed |
|
|
SW
255
SVB Wealth
Boston,
Massachusetts
| – | -$159K | -10,001 | Closed |
|
|
X
256
Xponance
Philadelphia,
Pennsylvania
| – | -$85K | -5,082 | Closed |
|
|
NFG
257
Next Financial Group
Houston,
Texas
| – | -$8K | -515 | Closed |
|
|
PWM
258
Perigon Wealth Management
San Francisco,
California
| – | -$6K | -364 | Closed |
|
|
HNB
259
Huntington National Bank
Columbus,
Ohio
| – | -$5K | -300 | Closed |
|
|
WA
260
WFG Advisors
Dallas,
Texas
| – | -$2K | -140 | Closed |
|
MLCO Hedge Fund Activity: Q1 2017 in Review
232 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q1 2017, worth a combined $3.5B — up 12% from $3.11B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new MLCO positions and 28 closed out — a net gain of 21 holders — while 86 added to existing stakes and 68 trimmed.
The largest buyer was BlackRock, adding an estimated $266M. The largest seller was OppenheimerFunds, cutting an estimated $383M.
- 232 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q1 2017, up from 218 in Q4 2016.
- Funds reported $3.5B of Melco Resorts & Entertainment stock for Q1 2017, up 12% quarter-over-quarter.
- 49 funds opened new Melco Resorts & Entertainment positions in Q1 2017 and 28 closed out, a net change of +21 holders.
- The largest Melco Resorts & Entertainment buyer in Q1 2017 was BlackRock, an estimated $266M added.
- The largest Melco Resorts & Entertainment seller in Q1 2017 was OppenheimerFunds, an estimated $383M sold.
Based on aggregated 13F filings for Q1 2017.