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Fred Alger Management’s Magnite MGNI Stock Holding History

Fred Alger Management’s Portfolio MGNI Stock Details MGNI Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2023
Q3 		– Sell
-272,714
Closed -$3.72M – 507
2023
Q2 		$3.72M Sell
272,714
-6,605
-2% -$73.5K 0.02% 277
2023
Q1 		$2.59M Sell
279,319
-57,881
-17% -$617K 0.01% 313
2022
Q4 		$3.57M Buy
337,200
+121
+0% +$1.1K 0.02% 290
2022
Q3 		$2.21M Buy
337,079
+87
+0% +$700 0.01% 331
2022
Q2 		$2.99M Sell
336,992
-98,231
-23% -$1.05M 0.01% 309
2022
Q1 		$5.75M Sell
435,223
-2,078
-0.5% -$28K 0.02% 260
2021
Q4 		$7.65M Sell
437,301
-3,236,788
-88% -$73M 0.02% 259
2021
Q3 		$103M Buy
3,674,089
+139,841
+4% +$4.21M 0.25% 119
2021
Q2 		$120M Buy
3,534,248
+1,227,788
+53% +$41.6M 0.28% 109
2021
Q1 		$96M Buy
2,306,460
+670,614
+41% +$29M 0.25% 118
2020
Q4 		$50.2M Buy
+1,635,846
New +$24.8M 0.13% 149

Other funds holding MGNI

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
GIM
Granahan Investment Management Waltham, Massachusetts $2.07B AUM 56.45% 1-Year Est. Return
EC
Edenbrook Capital Mt. Kisco, New York $321M AUM 79.21% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
RCMNY
Rubric Capital Management (New York) New York $9.44B AUM 68.42% 1-Year Est. Return
NTCM
Nine Ten Capital Management Chicago, Illinois $315M AUM 62.95% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Fred Alger Management's MGNI Position: Q3 2023 in Review

Fred Alger Management sold out of Magnite (MGNI) in Q3 2023, closing a stake of 272,714 shares — an estimated $3.72M sold.

Fred Alger Management first reported a position in MGNI in Q4 2020 and held it in 11 quarters. The position peaked at $120M in Q2 2021. 214 funds tracked by Wall St. Rank hold MGNI as of Q3 2023.

  • Fred Alger Management reported no remaining Magnite position as of Q3 2023 after selling out during the quarter.
  • Fred Alger Management sold 272,714 Magnite shares in Q3 2023, an estimated $3.72M.
  • Fred Alger Management first reported a position in Magnite in Q4 2020 and held it in 11 quarters.
  • Fred Alger Management's Magnite position peaked at $120M in Q2 2021.
  • 214 funds tracked by Wall St. Rank held Magnite as of Q3 2023.

Based on Fred Alger Management's 13F filing for Q3 2023, filed 14 Nov 2023.