Sec Form 13G Filing - Zimmer Partners LP filing for MGM Growth Properties LLC (MGP) - 2021-01-29

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2
(Amendment No. 1)

UNDER THE SECURITIES EXCHANGE ACT OF 1934


MGM Growth Properties LLC
(Name of Issuer)
 
Class A Shares, no par value
(Title of Class of Securities)
 
55303A105
(CUSIP Number)
 
December 31, 2020
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X]   Rule 13d-1(b)
 [   ]   Rule 13d-1(c)
[   ]   Rule 13d-1(d)




CUSIP No. 55303A105
 
13G

1
NAME OF REPORTING PERSONS

Zimmer Partners, LP
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  [  ]
(b)  [  ]
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0 **
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0 **
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 **
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[  ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%**
12
TYPE OF REPORTING PERSON*
IA, PN

*SEE INSTRUCTIONS BEFORE FILLING OUT
**SEE ITEM 4.



CUSIP No. 55303A105
 
13G

1
NAME OF REPORTING PERSONS

Sequentis Financial LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  [  ]
(b)  [  ]
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0 **
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0 **
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 **
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[  ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%**
12
TYPE OF REPORTING PERSON*
HC, OO


CUSIP No. 55303A105
 
13G

1
NAME OF REPORTING PERSONS
 
Zimmer Partners GP, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  [  ]
(b)  [  ]
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0 **
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0 **
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 **
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[  ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%**
12
TYPE OF REPORTING PERSON*
HC, OO

*SEE INSTRUCTIONS BEFORE FILLING OUT
**SEE ITEM 4.


CUSIP No. 55303A105
 
13G

1
NAME OF REPORTING PERSONS
 
Stuart J. Zimmer
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)  [  ]
(b)  [  ]
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
0 **
7
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
0 **
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 **
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[  ]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%**
12
TYPE OF REPORTING PERSON*
HC, IN

*SEE INSTRUCTIONS BEFORE FILLING OUT
**SEE ITEM 4.


AMENDMENT NO. 1 TO SCHEDULE 13G

This Amendment No. 1 to Schedule 13G (this “Amendment”) is being filed on behalf of Zimmer Partners, LP, a Delaware limited partnership (the “Investment Manager”), Sequentis Financial LLC, a Delaware limited liability company (“Sequentis”), Zimmer Partners GP, LLC, a Delaware limited liability company (the “GP”), and Stuart J. Zimmer (collectively, the “Reporting Persons”).  Sequentis is the sole member of the GP. Stuart J. Zimmer, and a trust for his benefit are the sole members of Sequentis.  The GP is the general partner of the Investment Manager.  The Investment Manager is the investment manager of ZP Master Utility Fund, Ltd. (the “Master Fund”), ZP Master Energy Fund, L.P., and ZP Energy Fund L.P. (the “Energy Funds”) and managed accounts (collectively with the Master Fund and the Energy Funds, the “Zimmer Accounts”).  This Amendment relates to Class A Shares of MGM Growth Properties LLC, a Delaware Limited Liability Corporation, held by the Zimmer Accounts.
Item 1(a)          Name of Issuer.
 MGM Growth Properties LLC

Item 1(b)
Address of Issuer’s Principal Executive Offices.
1980 Festival Plaza Drive, Suite #750
Las Vegas, NV 89135

Item 2(a)         Name of Person Filing.

(1) Zimmer Partners, LP
(2) Sequentis Financial LLC
(3) Zimmer Partners GP, LLC
(4) Stuart J. Zimmer

Item 2(b)         Address of Principal Business Office, or, if none, Residence.

For all Filers:
9 West 57th Street, 33rd Floor
New York, NY 10019

Item 2(c)         Citizenship or Place of Organization.

(1) Zimmer Partners, LP is a Delaware limited partnership.
(2) Sequentis Financial LLC is a Delaware limited liability company
(3) Zimmer Partners GP, LLC is a Delaware limited liability company.
(4) Stuart J. Zimmer is a U.S. citizen.

Item 2(d)          Title of Class of Securities.

 Class A Shares, no par value (“Class A Shares”)



Item 2(e)            CUSIP Number.

   55303A105

Item 3                Reporting Person.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:


(a)  [  ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)  [  ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)  [  ]
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)  [  ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)  [X]
An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E).

(f)   [  ]
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

(g)  [X]
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

(h)  [  ]
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(i)   [  ]
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

(j)   [  ]
Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4
Ownership.


(a)
The Reporting Persons may be deemed the beneficial owners of 0 Class A Shares.

(b)
The Reporting Persons may be deemed the beneficial owners of 0% of the outstanding Class A Shares.

(c)
The Reporting Persons have the shared power to vote and dispose of 0 Class A Shares.


Item 5              Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

Item 6              Ownership of More Than Five Percent on Behalf of Another Person.

The Zimmer Accounts had an indirect interest in dividends and/or sale proceeds of Class A Shares that were held by the Zimmer Accounts.

Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Report on by the Parent Holding Company or Control Person

Not applicable.

Item 8
Identification and Classification of Members of the Group
 
Not applicable.

Item 9
Notice of Dissolution of Group

Not applicable

Item 10
Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


Date:  January 29, 2021


 
Zimmer Partners, LP
 
 
By:  Zimmer Partners GP, LLC, its general partner
 
 
By:  /s/ Barbara Burger
       BARBARA BURGER, Authorized Signatory
 
 
Sequentis Financial LLC
 
 
By:  /s/ Stuart J. Zimmer
       STUART J. ZIMMER, Director       
 
 
Zimmer Partners GP, LLC
 
       
By: Sequentis Financial LLC, Sole  Member
 
/s/ Stuart J. Zimmer
STUART J. ZIMMER, Director

 
/s/ Stuart J. Zimmer
 
Stuart J. Zimmer