SCHEDULE: Davis Selected Advisers Holds 9.3% of MGM Resorts

Davis Selected Advisers has reported a beneficial ownership of 9.3% in MGM Resorts International as of June 30, 2026.

Summary

• Davis Selected Advisers, an investment adviser, has filed a Schedule 13G indicating beneficial ownership of 23,903,317 shares of MGM Resorts International common stock.
• This holding represents 9.3% of the class of securities.
• The filing is an amendment (Amendment No. 7) and the event date requiring the filing is June 30, 2026.
• Davis Selected Advisers has sole voting power over 23,174,011 shares and sole dispositive power over 23,903,317 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, indicating a significant but stable institutional holding without immediate catalysts for major price movement.

Positives

• Significant institutional ownership by Davis Selected Advisers, indicating confidence in MGM Resorts' long-term prospects.
• The holding of 9.3% is substantial and suggests a stable, long-term investment strategy by the reporting entity.

Negatives

• No new information regarding company performance or strategic changes is provided, as this is a routine ownership filing.

Risks

• The filing itself does not introduce new risks, but the concentration of ownership could imply potential influence on corporate decisions, which may or may not align with all shareholder interests.

Future Outlook

This filing is an ownership disclosure and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that significant institutional holdings are common in the hospitality and gaming sector, reflecting investor interest in companies with substantial real estate assets and operational scale like MGM Resorts.

Stakeholder Impact

• Shareholders: The substantial holding by Davis Selected Advisers may influence corporate governance and strategic decisions, potentially impacting shareholder value.

Next Steps

• Davis Selected Advisers will continue to hold and potentially adjust its position in MGM Resorts International.

Key Dates

Keywords

MGM Resorts International, Davis Selected Advisers, Schedule 13G, Institutional Ownership, Common Stock, Beneficial Ownership, Investment Adviser