Melco Resorts & Entertainment
MLCO
211 hedge funds and large institutions have $3.44B invested in Melco Resorts & Entertainment in 2014 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 85 increasing their positions, 64 reducing their positions, and 62 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 64
4% more call options, than puts
Call options by funds: $385M | Put options by funds: $371M
9% less funds holding
Funds holding: 231 → 211 (-20)
30% less capital invested
Capital invested by funds: $4.92B → $3.44B (-$1.47B)
31% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 62
33% less funds holding in top 10
Funds holding in top 10: 18 → 12 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$294M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$101M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$96.6M |
| 4 |
SC
Sculptor Capital
New York
|
+$81.3M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$61.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$252M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$211M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$133M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$93.1M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$91.4M |
MLCO Hedge Fund Activity: Q3 2014 in Review
211 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q3 2014, worth a combined $3.44B — down 30% from $4.92B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of MLCO and 43 opened new positions — a net loss of 19 holders — while 64 trimmed existing stakes and 85 added.
The largest buyer was Harris Associates, opening a new position worth an estimated $294M. The largest seller was Artisan Partners, exiting entirely with an estimated $252M sold.
- 211 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q3 2014, down from 231 in Q2 2014.
- Funds reported $3.44B of Melco Resorts & Entertainment stock for Q3 2014, down 30% quarter-over-quarter.
- 43 funds opened new Melco Resorts & Entertainment positions in Q3 2014 and 62 closed out, a net change of -19 holders.
- The largest Melco Resorts & Entertainment buyer in Q3 2014 was Harris Associates, an estimated $294M added.
- The largest Melco Resorts & Entertainment seller in Q3 2014 was Artisan Partners, an estimated $252M sold.
Based on aggregated 13F filings for Q3 2014.