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Melco Resorts & Entertainment

218 hedge funds and large institutions have $3.11B invested in Melco Resorts & Entertainment in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 72 increasing their positions, 63 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

323% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 13

38% more funds holding in top 10

Funds holding in top 10: 811 (+3)

25% more capital invested

Capital invested by funds: $2.48B → $3.11B (+$626M)

22% more funds holding

Funds holding: 179218 (+39)

14% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 63

13.25% more ownership

Funds ownership: 0%13.25% (+13%)

24% less call options, than puts

Call options by funds: $83.1M | Put options by funds: $109M

Holders
218
Holders Change
+39
Holders Change %
+21.79%
% of All Funds
5.45%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.28%
New
55
Increased
72
Reduced
63
Closed
13
Calls
$83.1M
Puts
$109M
Net Calls
-$26M
Net Calls Change
-$12.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Harris Associates
1
Harris Associates
Illinois
$490M -$47.3M -2,753,628 -8%
O
2
OppenheimerFunds
New York
$431M +$98.3M +5,725,000 +27%
Capital Research Global Investors
3
Capital Research Global Investors
California
$241M -$77.9M -4,538,283 -23%
Deutsche Bank
4
Deutsche Bank
Germany
$156M +$146M +8,502,237 +656%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$150M +$162M +9,416,730 New
HIM
6
Hillhouse Investment Management
Cayman Islands
$116M -$8.08M -470,835 -6%
TA
7
Teachers Advisors
New York
$101M +$21.4M +1,249,335 +25%
TCIM
8
TIAA CREF Investment Management
New York
$89.8M +$26.7M +1,557,664 +38%
CFM
9
Coronation Fund Managers
South Africa
$85.5M -$10.1M -587,658 -10%
Bank of America
10
Bank of America
North Carolina
$84M +$42.9M +2,500,089 +90%
Morgan Stanley
11
Morgan Stanley
New York
$74.4M +$78.2M +4,558,345 +3,810%
CS
12
Credit Suisse
Switzerland
$64.3M +$5.47M +318,741 +9%
Goldman Sachs
13
Goldman Sachs
New York
$58.3M +$51M +2,972,757 +429%
TCG
14
Tremblant Capital Group
Florida
$51.7M +$2.93M +170,505 +6%
MCM
15
McKinley Capital Management
Alaska
$50.8M +$53.7M +3,131,381 +5,001%
SAM
16
Southeastern Asset Management
Tennessee
$48.5M -$75.1M -4,377,456 -59%
BIT
17
BlackRock Institutional Trust
California
$46.3M -$59.3K -3,457 -0.1%
State Street
18
State Street
Massachusetts
$45.9M +$1.28M +74,376 +3%
BFA
19
BlackRock Fund Advisors
California
$40.4M +$151K +8,772 +0.3%
FTIM
20
Flowering Tree Investment Management
Singapore
$40.4M -$10.3M -601,319 -19%
NIP
21
Nicholas Investment Partners
California
$39.8M +$12.9M +750,000 +43%
AIM
22
ARGA Investment Management
Connecticut
$37.1M +$56.6K +3,300 +0.1%
YCMGA
23
York Capital Management Global Advisors
New York
$36.9M +$39.9M +2,322,785 New
LCM
24
Laurion Capital Management
New York
$35M +$37.8M +2,201,800 New
Citigroup
25
Citigroup
New York
$32.2M +$927K +54,024 +3%

MLCO Hedge Fund Activity: Q4 2016 in Review

218 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q4 2016, worth a combined $3.11B — up 25% from $2.48B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new MLCO positions and 13 closed out — a net gain of 42 holders — while 72 added to existing stakes and 63 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $162M. The largest seller was Capital Research Global Investors, cutting an estimated $77.9M.

  • 218 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q4 2016, up from 179 in Q3 2016.
  • Funds reported $3.11B of Melco Resorts & Entertainment stock for Q4 2016, up 25% quarter-over-quarter.
  • 55 funds opened new Melco Resorts & Entertainment positions in Q4 2016 and 13 closed out, a net change of +42 holders.
  • The largest Melco Resorts & Entertainment buyer in Q4 2016 was Fidelity Investments, an estimated $162M added.
  • The largest Melco Resorts & Entertainment seller in Q4 2016 was Capital Research Global Investors, an estimated $77.9M sold.

Based on aggregated 13F filings for Q4 2016.