DAVIS SELECTED ADVISERS: MGM RESORTS INTERNATIONAL (MGM): Quarterly 13F Position History
As of Q1 2026, DAVIS SELECTED ADVISERS reported 24,295,338 shares of MGM RESORTS INTERNATIONAL (MGM), worth $899.2M and representing 4.1% of its 13F equity book. Quarter-over-quarter share count change: 2,524,864 (-9.4%) . The position first appeared in Q3 2023 and has been disclosed across 11 13F-HR filings in Pactolio's tracked window.
- 24,295,338Shares Held (Latest Filing)
- $899.2MReported Market Value (Latest Filing)
- 4.1%Portfolio Weight (% of 13F Equity Book)
- 2,524,864Quarter-over-Quarter Share Change
- -$79.5MQuarter-over-Quarter Value Change
- 26,820,202Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 11 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 24,295,338 | 2,524,864 | -9.4% | $899.2M | 4.1% | $37.0 |
| Q4 2025 | 26,820,202 | +2,866,750 | +12.0% | $978.7M | 4.4% | $36.5 |
| Q3 2025 | 23,953,452 | +132,343 | +0.6% | $830.2M | 4.3% | $34.7 |
| Q2 2025 | 23,821,109 | +3,006,052 | +14.4% | $819.2M | 4.4% | $34.4 |
| Q1 2025 | 20,815,057 | +894,344 | +4.5% | $617.0M | 3.6% | $29.6 |
| Q4 2024 | 19,920,713 | +882,417 | +4.6% | $690.3M | 4.0% | $34.6 |
| Q3 2024 | 19,038,296 | +7,126,737 | +59.8% | $744.2M | 4.2% | $39.1 |
| Q2 2024 | 11,911,559 | +16,280 | +0.1% | $529.3M | 3.1% | $44.4 |
| Q1 2024 | 11,895,279 | +1,563,170 | +15.1% | $561.6M | 3.1% | $47.2 |
| Q4 2023 | 10,332,109 | +486,764 | +4.9% | $461.6M | 2.6% | $44.7 |
| Q3 2023 | 9,845,345 | — | — | $361.9M | 2.3% | $36.8 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did DAVIS SELECTED ADVISERS first disclose a MGM position in 13F-HR filings?
DAVIS SELECTED ADVISERS first reported MGM RESORTS INTERNATIONAL (MGM) on its 13F-HR filing for the period ending 2023-09-30 (Q3 2023). The position has appeared on 11 reported quarters within Pactolio's tracked window.
What was DAVIS SELECTED ADVISERS's most recent quarter-over-quarter share-count change in MGM?
Between Q4 2025 and Q1 2026, DAVIS SELECTED ADVISERS reduced its MGM position by 2,524,864 shares (-9.4%), leaving 24,295,338 shares at a market value of $899.2M.
Does the implied price-per-share represent DAVIS SELECTED ADVISERS's cost basis in MGM?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.