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User

Christopher Davis

Clipper Fund

Christopher Davis MGM Resorts International stake

total: 58

Clipper Fund MGM trades

Total transactions:
6
New positions:
1
Added:
4
Reduced:
1
Held since:
2023 Q3
Held for:
11 quarters
Latest activity:
2026 Q1
According to 2026 Q1 report, Christopher Davis holds 1,575,447 MGM Resorts International (MGM) shares with a market value of roughly $58.31M accounting for 4.37% of the overall portfolio. To date, the estimated cost basis is nearly $37.82 for "buy" trades and estimated average "sell" price is $37.01. Clipper Fund first purchased MGM in 2023 Q3, initially acquiring 775,630 shares. Since the initial investment in MGM Resorts International (MGM), Clipper Fund has made 5 more transactions.

How many MGM shares does Christopher Davis currently hold?

According to 2026 Q1 report, Christopher Davis holds 1,575,447 shares of MGM Resorts International (MGM), valued at around $58.31M.

When did Christopher Davis buy MGM Resorts International (MGM)?

Christopher Davis first invested in MGM Resorts International (MGM) in 2023 Q3 at the reported quarter-end price of $36.76 per share.

What's the cost basis of Clipper Fund's MGM stake?

The estimated cost basis for MGM Resorts International (MGM) stake is around $37.82 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$37.82
Weighted AVG sell price:
$37.01

Christopher Davis's historical trades in MGM Resorts International

6 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q1
4.37%
1,575,447
$37.01
$58,307,293
-13.38% (-243,363)
-0.67%
2025 Q2
5.18%
1,818,810
$34.39
$62,548,876
+27.56% (+393,000)
+1.12%
2024 Q3
4.74%
1,425,810
$39.09
$55,734,913
+48.97% (+468,670)
+1.56%
2024 Q1
3.83%
957,140
$47.21
$45,186,579
+15.95% (+131,650)
+0.53%
2023 Q4
3.45%
825,490
$44.68
$36,882,893
+6.43% (+49,860)
+0.21%
2023 Q3
2.96%
775,630
$36.76
$28,512,159
new
+2.96%
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.