{"id":66,"date":"2019-10-09T13:24:11","date_gmt":"2019-10-09T13:24:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=66"},"modified":"2026-04-24T10:30:09","modified_gmt":"2026-04-24T13:30:09","slug":"harvest-fund-management-melco-shares","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/harvest-fund-management-melco-shares","title":{"rendered":"Harvest Fund Management buys Melco shares"},"content":{"rendered":"\n

The institutional investor acquired 426,600 shares of the company\u2019s stock, valued at approximately \u20ac 8,44 million<\/strong>. <\/p>\n\n\n\n\n\n\n\n

China.- According to Harvest Fund Management Co’s most recent report, the company acquired a new stake in Melco Resorts & Entertainment Limited during the second quarter.<\/p>\n\n\n\n

Harvest Fund Management Co. Ltd owed approximately 0.09% of Melco Resorts & Entertainment. Now, and as of its most recent filing with the Securities and Exchange Commission, Melco Resorts & Entertainment comprises approximately 1.1% of Harvest Fund Management Co. Ltd\u2019s portfolio, making the stock its 17th biggest position.<\/p>\n\n\n\n

Melco\u2019s Shares &\nShareholders<\/strong><\/h4>\n\n\n\n

In addition, several other institutional investors have also made changes to their positions in Melco<\/strong><\/em><\/a>.<\/strong><\/em> <\/p>\n\n\n\n

Nuveen Asset\nManagement LLC<\/strong> purchased a new stake in Melco Resorts &\nEntertainment in the second quarter valued at about \u20ac 200 million. <\/p>\n\n\n\n

Broad Peak Investment Management LTD.<\/strong> raised its stake in Melco Resorts & Entertainment by 48.1% in the second quarter. The institution now owns 3,978,814 shares of the company\u2019s stock valued at \u20ac 78,8 million<\/strong> after buying an additional 1,292,958 shares during the last quarter. <\/p>\n\n\n\n

Coronation Fund Managers Ltd.<\/strong> raised its stake in Melco Resorts & Entertainment by 11.9% in the second quarter. It now owns 3,884,374 shares of the company\u2019s stock valued at \u20ac 76,8 million after buying an additional 413,469 shares.<\/p>\n\n\n\n

Matthews International Capital Management LLC raised<\/strong> its stake in Melco Resorts & Entertainment by 2,521.3% in the second quarter. The investor now owns 3,520,700 shares of the company\u2019s stock valued at \u20ac 69,6 million<\/strong> after buying an additional 3,386,387 shares.<\/p>\n\n\n\n

Finally, Point72 Asset Management L.P.<\/strong> purchased a new stake in Melco Resorts & Entertainment in the second quarter valued at about \u20ac 40,9 million. <\/strong><\/p>\n\n\n\n

35.69% of Melco Resorts & Entertainment\u2019s stock<\/strong> is currently owned by institutional investors.<\/p>\n","protected":false},"excerpt":{"rendered":"

The institutional investor acquired 426,600 shares of the company\u2019s stock, valued at approximately \u20ac 8,44 million.<\/p>\n","protected":false},"author":133,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Several institutional investors, including Harvest Fund Management Co. Ltd, Nuveen Asset Management LLC, and Point72 Asset Management L.P., significantly acquired or increased their stakes in Melco Resorts & Entertainment Limited during the second quarter. These transactions highlight a notable shift in institutional ownership, with 35.69% of Melco's stock now held by such entities, reflecting evolving capital market sentiment towards the integrated resort operator.","focusai_entities":"Melco Resorts & Entertainment Limited, Harvest Fund Management Co. Ltd, Nuveen Asset Management LLC, Broad Peak Investment Management LTD., Coronation Fund Managers Ltd., Matthews International Capital Management LLC, Point72 Asset Management L.P., Securities and Exchange Commission","focusai_location":"China","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Melco's Capital Structure Impact?","query":"What are the implications of this increased institutional ownership on Melco Resorts & Entertainment's governance framework and long-term capital allocation strategy?"},{"label":"Sector Investment Trends?","query":"Does this concentrated institutional investment in Melco signal a broader trend of capital market confidence in the integrated resort sector, particularly in Asian markets?"}],"footnotes":""},"categories":[160,28,163],"tags":[29,292,291],"class_list":["post-66","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-finance-news","tag-casino","tag-investors","tag-shares"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/66","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/133"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/66\/revisions"}],"predecessor-version":[{"id":20085,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/66\/revisions\/20085"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}