Melco Resorts & Entertainment
MLCO
266 hedge funds and large institutions have $2.75B invested in Melco Resorts & Entertainment in 2020 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 95 increasing their positions, 95 reducing their positions, and 45 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
29% more capital invested
Capital invested by funds: $2.13B → $2.75B (+$619M)
0.6% more ownership
Funds ownership: 11.77% → 12.37% (+0.6%)
0% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 95
2% less funds holding
Funds holding: 271 → 266 (-5)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
15% less call options, than puts
Call options by funds: $35.3M | Put options by funds: $41.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJGA
Hardman Johnston Global Advisors
Stamford,
Connecticut
|
+$58.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$36.7M |
| 3 |
ClearBridge Investments
New York
|
+$35.8M |
| 4 |
KSCM
King Street Capital Management
New York
|
+$35.1M |
| 5 |
BlackRock
New York
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$31.4M |
| 2 |
Morgan Stanley
New York
|
-$28.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$26.7M |
| 4 |
Renaissance Technologies
New York
|
-$22.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.9M |
MLCO Hedge Fund Activity: Q2 2020 in Review
266 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q2 2020, worth a combined $2.75B — up 29% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of MLCO and 40 opened new positions — a net loss of 5 holders — while 95 trimmed existing stakes and 95 added.
The largest buyer was Hardman Johnston Global Advisors, adding an estimated $58.3M. The largest seller was Ardevora Asset Management, exiting entirely with an estimated $31.4M sold.
- 266 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q2 2020, down from 271 in Q1 2020.
- Funds reported $2.75B of Melco Resorts & Entertainment stock for Q2 2020, up 29% quarter-over-quarter.
- 40 funds opened new Melco Resorts & Entertainment positions in Q2 2020 and 45 closed out, a net change of -5 holders.
- The largest Melco Resorts & Entertainment buyer in Q2 2020 was Hardman Johnston Global Advisors, an estimated $58.3M added.
- The largest Melco Resorts & Entertainment seller in Q2 2020 was Ardevora Asset Management, an estimated $31.4M sold.
Based on aggregated 13F filings for Q2 2020.