Cliff Asness's MGM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 8.45 M shares of MGM Resorts International (MGM) worth $292.77 M, representing 0.19% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in MGM, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 5.65 M shares. Largest reduction occurred in Q3 2017, reducing 873,064 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's MGM Resorts International (MGM) Holding Value Over Time
Track share changes against reported price movement
Quarterly MGM Resorts International (MGM) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +574,539 | Add 0.00% | 574,538 | $11.64 |
| Q2 2013 | +343,201 | Add 0.00% | 343,200 | $14.78 |
| Q3 2013 | -123,170 | Reduce 35.89% | 220,030 | $20.44 |
| Q4 2013 | -114,163 | Reduce 51.89% | 105,867 | $23.52 |
| Q1 2014 | +125,700 | Add 118.73% | 231,567 | $25.86 |
| Q2 2014 | -113,800 | Reduce 49.14% | 117,767 | $26.40 |
| Q3 2014 | +74,070 | Add 62.90% | 191,837 | $22.78 |
| Q4 2014 | -155,759 | Reduce 81.19% | 36,078 | $21.37 |
| Q1 2015 | -5,800 | Reduce 16.08% | 30,278 | $21.04 |
| Q2 2015 | -2,967 | Reduce 9.80% | 27,311 | $18.23 |
| Q3 2015 | -27,311 | Sold Out | 27,311 | $0.00 |
| Q4 2015 | +752,474 | New Buy | 752,474 | $22.72 |
| Q1 2016 | +287,019 | Add 38.14% | 1.04 M | $21.44 |
| Q2 2016 | -134,080 | Reduce 12.90% | 905,413 | $22.63 |
| Q3 2016 | +255,950 | Add 28.27% | 1.16 M | $26.03 |
| Q4 2016 | -184,446 | Reduce 15.88% | 976,917 | $28.83 |
| Q1 2017 | -85,479 | Reduce 8.75% | 891,438 | $27.40 |
| Q2 2017 | +39,301 | Add 4.41% | 930,739 | $31.29 |
| Q3 2017 | -873,064 | Reduce 93.80% | 57,675 | $32.60 |
| Q4 2017 | +5,723 | Add 9.92% | 63,398 | $33.39 |
| Q1 2018 | +21,731 | Add 34.28% | 85,129 | $35.02 |
| Q2 2018 | +133,916 | Add 157.31% | 219,045 | $29.03 |
| Q3 2018 | -203,527 | Reduce 92.92% | 15,518 | $27.90 |
| Q4 2018 | +381,652 | Add 2459.41% | 397,170 | $24.26 |
| Q1 2019 | +309,281 | Add 77.87% | 706,451 | $25.66 |
| Q2 2019 | -638,725 | Reduce 90.41% | 67,726 | $28.33 |
| Q3 2019 | +232,332 | Add 343.05% | 300,058 | $27.49 |
| Q4 2019 | -58,506 | Reduce 19.50% | 241,552 | $33.27 |
| Q1 2020 | +15,935 | Add 6.60% | 257,487 | $11.77 |
| Q2 2020 | +243,952 | Add 94.74% | 501,439 | $16.57 |
| Q3 2020 | +97,256 | Add 19.40% | 598,695 | $21.75 |
| Q4 2020 | +75,494 | Add 12.61% | 674,189 | $30.99 |
| Q1 2021 | +344,852 | Add 51.15% | 1.02 M | $37.99 |
| Q2 2021 | -239,526 | Reduce 23.51% | 779,515 | $42.63 |
| Q3 2021 | -333,786 | Reduce 42.82% | 445,729 | $43.15 |
| Q4 2021 | +175,099 | Add 39.28% | 620,828 | $44.88 |
| Q1 2022 | +23,568 | Add 3.80% | 644,396 | $41.94 |
| Q2 2022 | -264,554 | Reduce 41.05% | 379,842 | $28.46 |
| Q3 2022 | -46,650 | Reduce 12.28% | 333,192 | $29.72 |
| Q4 2022 | -214,294 | Reduce 64.32% | 118,898 | $32.88 |
| Q1 2023 | +61,408 | Add 51.65% | 180,306 | $44.27 |
| Q2 2023 | +813,726 | Add 451.30% | 994,032 | $43.90 |
| Q3 2023 | -230,052 | Reduce 23.14% | 763,980 | $36.76 |
| Q4 2023 | -648,044 | Reduce 84.82% | 115,936 | $44.68 |
| Q1 2024 | -70,107 | Reduce 60.47% | 45,829 | $47.21 |
| Q2 2024 | -30,848 | Reduce 67.31% | 14,981 | $44.07 |
| Q3 2024 | -5,010 | Reduce 33.44% | 9,971 | $39.09 |
| Q4 2024 | +1.27 M | Add 12726.85% | 1.28 M | $34.65 |
| Q1 2025 | +1.33 M | Add 104.17% | 2.61 M | $29.09 |
| Q2 2025 | +180,947 | Add 6.93% | 2.79 M | $34.39 |
| Q3 2025 | +5.65 M | Add 202.52% | 8.45 M | $34.66 |
Cliff Asness's MGM Resorts International Investment FAQs
Cliff Asness first purchased MGM Resorts International (MGM) in Q4 2012, acquiring 574,538 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held MGM Resorts International (MGM) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to MGM Resorts International (MGM) was in Q3 2025, adding 8,446,982 shares worth $292.77 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 8,446,982 shares of MGM Resorts International (MGM), valued at approximately $292.77 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, MGM Resorts International (MGM) represents approximately 0.19% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in MGM Resorts International (MGM) was 8,446,982 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.