Melco Resorts & Entertainment
MLCO
180 hedge funds and large institutions have $6.57B invested in Melco Resorts & Entertainment in 2016 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 67 increasing their positions, 54 reducing their positions, and 37 closing their positions.
246% more capital invested
Capital invested by funds: $1.9B → $6.57B (+$4.67B)
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
24% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 54
9% less funds holding
Funds holding: 198 → 180 (-18)
16% less call options, than puts
Call options by funds: $73.3M | Put options by funds: $86.8M
43% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$98.6M |
| 2 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
+$95.5M |
| 3 |
TA
Teachers Advisors
New York
|
+$66.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$31.2M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$55.9M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$47.8M |
| 3 |
SCM
Scopia Capital Management
New York
|
-$44.4M |
| 4 |
CII
Capital International Inc
Los Angeles,
California
|
-$23.8M |
| 5 |
Renaissance Technologies
New York
|
-$20.6M |
MLCO Hedge Fund Activity: Q3 2016 in Review
180 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q3 2016, worth a combined $6.57B — up 246% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of MLCO and 21 opened new positions — a net loss of 16 holders — while 54 trimmed existing stakes and 67 added.
The largest buyer was Southeastern Asset Management, adding an estimated $98.6M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $55.9M sold.
- 180 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q3 2016, down from 198 in Q2 2016.
- Funds reported $6.57B of Melco Resorts & Entertainment stock for Q3 2016, up 246% quarter-over-quarter.
- 21 funds opened new Melco Resorts & Entertainment positions in Q3 2016 and 37 closed out, a net change of -16 holders.
- The largest Melco Resorts & Entertainment buyer in Q3 2016 was Southeastern Asset Management, an estimated $98.6M added.
- The largest Melco Resorts & Entertainment seller in Q3 2016 was Mackenzie Financial, an estimated $55.9M sold.
Based on aggregated 13F filings for Q3 2016.