Melco Resorts & Entertainment
MLCO
170 hedge funds and large institutions have $2.2B invested in Melco Resorts & Entertainment in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 53 increasing their positions, 59 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
22% more call options, than puts
Call options by funds: $129M | Put options by funds: $106M
5% more funds holding
Funds holding: 162 → 170 (+8)
10% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 59
28% less capital invested
Capital invested by funds: $3.05B → $2.2B (-$849M)
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$79.8M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$71.9M |
| 3 |
SCM
Scopia Capital Management
New York
|
+$51.1M |
| 4 |
TA
Teachers Advisors
New York
|
+$48.5M |
| 5 |
SC
Sculptor Capital
New York
|
+$43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$81.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$61.9M |
| 3 |
OA
Omega Advisors
New York
|
-$36.8M |
| 4 |
SC
Salzman & Co
Pittsford,
New York
|
-$31.6M |
| 5 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
-$27.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Ameriprise
Minneapolis,
Minnesota
| – | -$1.56M | -79,307 | Closed |
|
|
PRCM
177
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$1.41M | -71,800 | Closed |
|
|
RCM
178
Riverpark Capital Management
New York
| – | -$1.33M | -67,943 | Closed |
|
|
DC
179
Deere & Company
Moline,
Illinois
| – | -$1.17M | -59,714 | Closed |
|
|
NCM
180
Newgate Capital Management
Greenwich,
Connecticut
| – | -$628K | -32,008 | Closed |
|
|
HT
181
HAP Trading
New York
| – | -$539K | -27,987 | Closed |
|
|
SFM
182
Soros Fund Management
New York
| – | -$377K | -19,200 | Closed |
|
183
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$285K | -14,521 | Closed |
|
|
JT
184
Jump Trading
Chicago,
Illinois
| – | -$272K | -13,841 | Closed |
|
|
MTIM
185
Marathon Trading Investment Management
Radnor,
Pennsylvania
| – | -$238K | -12,100 | Closed |
|
|
SGH
186
Schonfeld Group Holdings
Jericho,
New York
| – | -$232K | -11,840 | Closed |
|
187
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.19K | -62 | -97% |
|
MLCO Hedge Fund Activity: Q3 2015 in Review
170 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q3 2015, worth a combined $2.2B — down 28% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new MLCO positions and 17 closed out — a net gain of 10 holders — while 53 added to existing stakes and 59 trimmed.
The largest buyer was Harris Associates, adding an estimated $79.8M. The largest seller was PAR Capital Management, cutting an estimated $81.4M.
- 170 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q3 2015, up from 162 in Q2 2015.
- Funds reported $2.2B of Melco Resorts & Entertainment stock for Q3 2015, down 28% quarter-over-quarter.
- 27 funds opened new Melco Resorts & Entertainment positions in Q3 2015 and 17 closed out, a net change of +10 holders.
- The largest Melco Resorts & Entertainment buyer in Q3 2015 was Harris Associates, an estimated $79.8M added.
- The largest Melco Resorts & Entertainment seller in Q3 2015 was PAR Capital Management, an estimated $81.4M sold.
Based on aggregated 13F filings for Q3 2015.