Davis Selected Advisers filed Amendment No. 8 to its Schedule 13G with the SEC on November 6, 2026, disclosing beneficial ownership of 24,043,354 shares of MGM Resorts International common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Davis Selected Advisers reported ownership of 24,043,354 shares of MGM Resorts International common stock.
  • Percent of class: The reported holdings represent 9.6% of the outstanding class of common stock.
  • Sole voting power: Davis Selected Advisers holds sole power to vote or direct the vote of 23,274,889 shares.
  • Sole dispositive power: The firm holds sole power to dispose of all 24,043,354 shares reported.
  • Event date: The filing event triggering this amendment is dated September 30, 2026.
  • Filer type: Davis Selected Advisers is classified as an investment adviser (IA), organized in Colorado, with a principal office in Tucson, Arizona.

Davis Selected Advisers Discloses Large Passive Stake in MGM Resorts

Davis Selected Advisers, an investment adviser incorporated in Colorado and headquartered at 2949 East Elvira Road, Suite 101, Tucson, Arizona 85756, filed Amendment No. 8 to its Schedule 13G regarding its holdings in MGM Resorts International (NYSE:MGM). According to the filing, the event requiring the amendment occurred on September 30, 2026, and the statement was signed by Vice President Michaela McLoughry on November 6, 2026.

The filing reports that Davis Selected Advisers beneficially owns 24,043,354 shares of MGM Resorts International common stock (CUSIP 552953101), representing 9.6% of the class. Of those shares, the adviser holds sole voting power over 23,274,889 shares and sole dispositive power over the full 24,043,354 shares. The filing reports no shared voting or shared dispositive power.

In the certification included in the filing, Davis Selected Advisers stated that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." MGM Resorts International is headquartered at 3600 Las Vegas Blvd S, Las Vegas, Nevada 89109, according to the filing.

What Was Disclosed

Davis Selected Advisers filed an amended Schedule 13G disclosing beneficial ownership of 24,043,354 shares, or 9.6%, of MGM Resorts International common stock as of September 30, 2026, with sole voting power over 23,274,889 shares and sole dispositive power over all reported shares.