MGM Resorts International (MGM)

Corporate structure

185 entities across 26 jurisdictions, 41 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-11 — see the exhibit.

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Six-year record

Ownership flow

15 institutions tracked — 3 added, 9 reduced, 3 opened a new position.

NORGES BANK, WELLINGTON MANAGEMENT GROUP LLP, SOROS FUND MANAGEMENT LLC hold a position with no prior filing to compare against, so their change is unknown rather than zero — and they are left out of the totals above.

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Other hotels & motels companies

MGM Resorts International files under SIC 7011 — all 16 hotels & motels companies compared on assets and F-score.

Dealer positioning — end of day

Where dealer gamma sat in MGM’s option chain after the close on 2026-09-01, aggregated from the full chain. This is a once-a-day snapshot, not a live read — 359 contracts.

Net gamma (per 1% move)

$3.8M

Gamma flip

43

Call wall

40

Put wall

43

Spot at capture

41.36

Computed from the listed option chain by my own aggregation, once, after the close — it describes where positioning sat that evening and does not update through the next session. The version that rebuilds per strike while the market is open is the intraday gamma product. Not investment advice.

Questions about MGM Resorts International

How many subsidiaries does MGM Resorts International file with the SEC?

185, listed in its most recent exhibit 21. They are incorporated across 26 jurisdictions, led by Mississippi, Massachusetts, Nevada. 41 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is MGM Resorts International financially healthy?

MGM Resorts International scores 6 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of MGM Resorts International?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), STATE STREET CORP (adding), GEODE CAPITAL MANAGEMENT, LLC (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.