Melco Resorts & Entertainment
MLCO
267 hedge funds and large institutions have $3.38B invested in Melco Resorts & Entertainment in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 98 increasing their positions, 76 reducing their positions, and 29 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 76
14% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 29
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
1% more funds holding
Funds holding: 265 → 267 (+2)
0.2% less ownership
Funds ownership: 12.64% → 12.44% (-0.2%)
12% less capital invested
Capital invested by funds: $3.85B → $3.38B (-$467M)
37% less call options, than puts
Call options by funds: $25.8M | Put options by funds: $41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.3M |
| 2 |
Renaissance Technologies
New York
|
+$23.9M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$20.6M |
| 4 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
+$19.3M |
| 5 |
Morgan Stanley
New York
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$139M |
| 2 |
BlackRock
New York
|
-$53.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$39.7M |
| 4 |
ClearBridge Investments
New York
|
-$25.8M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$24.5M |
MLCO Hedge Fund Activity: Q3 2019 in Review
267 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q3 2019, worth a combined $3.38B — down 12% from $3.85B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MLCO positions and 29 closed out — a net gain of 4 holders — while 98 added to existing stakes and 76 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $49.3M. The largest seller was Nuveen, cutting an estimated $139M.
- 267 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q3 2019, up from 265 in Q2 2019.
- Funds reported $3.38B of Melco Resorts & Entertainment stock for Q3 2019, down 12% quarter-over-quarter.
- 33 funds opened new Melco Resorts & Entertainment positions in Q3 2019 and 29 closed out, a net change of +4 holders.
- The largest Melco Resorts & Entertainment buyer in Q3 2019 was Fidelity Investments, an estimated $49.3M added.
- The largest Melco Resorts & Entertainment seller in Q3 2019 was Nuveen, an estimated $139M sold.
Based on aggregated 13F filings for Q3 2019.