Vanguard Capital Management Discloses New 5.37% Stake in MGM Resorts International

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G disclosing a new ownership stake in MGM Resorts International (MGM). As of the event date on March 31, 2026, the investment adviser reported beneficial ownership of 13,746,684 shares of common stock, representing 5.37% of the company. The filing indicates that Vanguard holds sole dispositive power over all 13,746,684 shares, while maintaining sole voting power over 1,660,601 shares. The reporting entity clarified that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing includes holdings from various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The total value of the position is estimated at approximately $529.2 million based on the filing data. This represents a significant new position for the filer compared to the previously reported 0% ownership.