Melco Resorts & Entertainment
MLCO
240 hedge funds and large institutions have $5.3B invested in Melco Resorts & Entertainment in 2014 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 106 increasing their positions, 72 reducing their positions, and 43 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 72
2% less capital invested
Capital invested by funds: $5.42B → $5.3B (-$118M)
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
10% less call options, than puts
Call options by funds: $95.3M | Put options by funds: $105M
2% less funds holding
Funds holding: 245 → 240 (-5)
41% less funds holding in top 10
Funds holding in top 10: 22 → 13 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$125M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$101M |
| 3 |
Morgan Stanley
New York
|
+$65.1M |
| 4 |
Two Sigma Investments
New York
|
+$50.5M |
| 5 |
SH
SeaTown Holdings
Singapore
|
+$45.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$106M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$87.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$75.1M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$61.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
276
Wolverine Asset Management
Chicago,
Illinois
| – | -$180K | -4,331 | Closed |
|
|
MUMSS
277
Mitsubishi UFJ Morgan Stanley Securities
Tokyo,
Japan
| – | -$103K | -2,640 | Closed |
|
278
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$97K | -2,500 | Closed |
|
|
PWAG
279
Polaris Wealth Advisory Group
San Rafael,
California
| – | -$78K | -2,000 | Closed |
|
|
QT
280
Quantbot Technologies
New York
| – | -$66K | -1,697 | Closed |
|
281
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$14K | -367 | Closed |
|
|
HNB
282
Huntington National Bank
Columbus,
Ohio
| – | -$12K | -300 | Closed |
|
|
ASN
283
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -128 | Closed |
|
|
RFA
284
Reilly Financial Advisors
La Mesa,
California
| – | -$5K | -121 | Closed |
|
|
OSNBOA
285
Old Second National Bank of Aurora
Aurora,
Illinois
| – | -$4K | -90 | Closed |
|
MLCO Hedge Fund Activity: Q1 2014 in Review
240 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q1 2014, worth a combined $5.3B — down 2.2% from $5.42B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MLCO and 41 opened new positions — a net loss of 2 holders — while 72 trimmed existing stakes and 106 added.
The largest buyer was Artisan Partners, adding an estimated $125M. The largest seller was BlackRock Advisors, cutting an estimated $106M.
- 240 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q1 2014, down from 245 in Q4 2013.
- Funds reported $5.3B of Melco Resorts & Entertainment stock for Q1 2014, down 2.2% quarter-over-quarter.
- 41 funds opened new Melco Resorts & Entertainment positions in Q1 2014 and 43 closed out, a net change of -2 holders.
- The largest Melco Resorts & Entertainment buyer in Q1 2014 was Artisan Partners, an estimated $125M added.
- The largest Melco Resorts & Entertainment seller in Q1 2014 was BlackRock Advisors, an estimated $106M sold.
Based on aggregated 13F filings for Q1 2014.