Melco Resorts & Entertainment
MLCO
260 hedge funds and large institutions have $2.87B invested in Melco Resorts & Entertainment in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 97 increasing their positions, 91 reducing their positions, and 61 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
7% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 91
1.2% less ownership
Funds ownership: 12.2% → 11% (-1.2%)
10% less funds holding
Funds holding: 289 → 260 (-29)
25% less capital invested
Capital invested by funds: $3.81B → $2.87B (-$937M)
39% less call options, than puts
Call options by funds: $47.3M | Put options by funds: $77.4M
41% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$76.8M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$67.7M |
| 3 |
ICP
Indus Capital Partners
New York
|
+$61M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$20.7M |
| 5 |
HJGA
Hardman Johnston Global Advisors
Stamford,
Connecticut
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$58.6M |
| 2 |
Alkeon Capital Management
New York
|
-$49.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$43.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$35M |
MLCO Hedge Fund Activity: Q4 2018 in Review
260 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Melco Resorts & Entertainment (MLCO) for Q4 2018, worth a combined $2.87B — down 25% from $3.81B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of MLCO and 36 opened new positions — a net loss of 25 holders — while 91 trimmed existing stakes and 97 added.
The largest buyer was Boston Partners, adding an estimated $76.8M. The largest seller was Wells Fargo, cutting an estimated $58.6M.
- 260 institutional investors held Melco Resorts & Entertainment (MLCO) as of Q4 2018, down from 289 in Q3 2018.
- Funds reported $2.87B of Melco Resorts & Entertainment stock for Q4 2018, down 25% quarter-over-quarter.
- 36 funds opened new Melco Resorts & Entertainment positions in Q4 2018 and 61 closed out, a net change of -25 holders.
- The largest Melco Resorts & Entertainment buyer in Q4 2018 was Boston Partners, an estimated $76.8M added.
- The largest Melco Resorts & Entertainment seller in Q4 2018 was Wells Fargo, an estimated $58.6M sold.
Based on aggregated 13F filings for Q4 2018.