Clark Capital Management Group Invests $6.19M in Monarch Casino & Resort

The investment firm takes a 0.32% stake in the Nevada-based casino operator.

Mar. 16, 2026 at 9:09am

Got story updates? Submit your updates here. ›

Clark Capital Management Group Inc. has acquired a new position in Monarch Casino & Resort, Inc. (NASDAQ:MCRI), purchasing 58,505 shares valued at approximately $6,192,000. This represents a 0.32% stake in the Nevada-based casino and resort company.

Why it matters

The investment by Clark Capital Management Group, a prominent institutional investor, signals confidence in Monarch Casino & Resort's growth potential and financial performance. As a publicly traded company, Monarch's stock movements and ownership changes are closely watched by industry analysts and investors.

The details

According to a recent SEC filing, Clark Capital Management Group acquired the new position in Monarch Casino & Resort during the third quarter. The investment firm now owns 0.32% of the company's outstanding shares. Monarch Casino & Resort operates the Atlantis Casino Resort Spa, an integrated casino resort located in Reno, Nevada, featuring a full-service casino, hotel, dining, and entertainment amenities.

  • Clark Capital Management Group acquired the Monarch Casino & Resort shares in the third quarter of the year.

The players

Clark Capital Management Group Inc.

An investment management firm that provides a range of investment strategies and solutions to institutional and individual clients.

Monarch Casino & Resort, Inc.

A publicly traded owner and operator of the Atlantis Casino Resort Spa, an integrated casino resort located in Reno, Nevada.

Got photos? Submit your photos here. ›

The takeaway

The investment by Clark Capital Management Group in Monarch Casino & Resort reflects the firm's belief in the casino operator's growth potential and financial stability. As a publicly traded company, Monarch's stock performance and ownership changes are closely watched by industry analysts and investors.