Billionaire Mason Hawkins’ Top 15 Long-Term Stock Picks 

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9. Melco Resorts & Entertainment Limited (NASDAQ:MLCO)

Number of Hedge Fund Holders: 25 

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) develops, owns, and operates casino gaming and resort facilities in Asia and Europe. As per the third-quarter report for 2024, Southeastern Asset Management owned 6 million shares in the company, worth an estimated $46.8 million and making up 2.2% of its 13F portfolio. The firm is an investor favorite due to operations in strategic places, strong operating revenues, and noteworthy sustainability initiatives. For instance, the total operating revenue for the quarter of 2024 was $1.18 billion, representing an increase of approximately 16% from $1.02 billion for the comparable period in 2023. This particular rise highlighted the improved performance in gaming and non-gaming operations in Macau. To appease activist investors, five integrated resorts owned by the firm in Macau, the Philippines, and Cyprus intend to achieve total carbon neutrality and zero waste across all their properties by 2030.

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