Melco Resorts & Entertainment
MLCO
198 hedge funds and large institutions have $1.9B invested in Melco Resorts & Entertainment in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 98 increasing their positions, 44 reducing their positions, and 37 closing their positions.
123% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 44
7% less funds holding
Funds holding: 212 → 198 (-14)
22% less capital invested
Capital invested by funds: $2.43B → $1.9B (-$532M)
32% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
52% less call options, than puts
Call options by funds: $34.2M | Put options by funds: $71.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$112M |
| 2 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$37.1M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$37M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$28.2M |
| 5 |
Renaissance Technologies
New York
|
+$23.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
-$135M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$67M |
| 3 |
Lazard Asset Management
New York
|
-$31.9M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$25M |
| 5 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$20.8M |
MLCO Hedge Fund Activity: Q2 2016 in Review
198 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q2 2016, worth a combined $1.9B — down 22% from $2.43B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of MLCO and 25 opened new positions — a net loss of 12 holders — while 44 trimmed existing stakes and 98 added.
The largest buyer was Harris Associates, adding an estimated $112M. The largest seller was Scopia Capital Management, cutting an estimated $135M.
- 198 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q2 2016, down from 212 in Q1 2016.
- Funds reported $1.9B of Melco Resorts & Entertainment stock for Q2 2016, down 22% quarter-over-quarter.
- 25 funds opened new Melco Resorts & Entertainment positions in Q2 2016 and 37 closed out, a net change of -12 holders.
- The largest Melco Resorts & Entertainment buyer in Q2 2016 was Harris Associates, an estimated $112M added.
- The largest Melco Resorts & Entertainment seller in Q2 2016 was Scopia Capital Management, an estimated $135M sold.
Based on aggregated 13F filings for Q2 2016.