MAGNETEK INC COM STK NEW
MAG was delisted on the 1st of September, 2015.
33 hedge funds and large institutions have $41.4M invested in MAGNETEK INC COM STK NEW in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
3% less funds holding
Funds holding: 34 → 33 (-1)
22% less capital invested
Capital invested by funds: $53.1M → $41.4M (-$11.7M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$487K |
| 2 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
+$463K |
| 3 |
RA
Royce & Associates
New York
|
+$440K |
| 4 |
Renaissance Technologies
New York
|
+$168K |
| 5 |
WA
WealthTrust Axiom
Wayne,
Pennsylvania
|
+$99.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMDMG
Austin W. Marxe & David M. Greenhouse
New York
|
-$1.02M |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
-$668K |
| 3 |
AG
Algert Global
San Francisco,
California
|
-$403K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$240K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
26
BlackRock Advisors
Wilmington,
Delaware
| $19K | – | – | – |
|
|
OIA
27
Optimum Investment Advisors
Chicago,
Illinois
| $17K | – | – | – |
|
28
EARNEST Partners
Atlanta,
Georgia
| $11K | -$4.67K | -200 | -25% |
|
29
BNP Paribas Financial Markets
Paris,
France
| $2.82K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $2K | -$15.4K | -659 | -87% |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
GC
32
Globeflex Capital
San Diego,
California
| $1K | – | – | – |
|
|
AG
33
Algert Global
San Francisco,
California
| – | -$403K | -16,823 | Closed |
|
|
BCM
34
Bridgeway Capital Management
Houston,
Texas
| – | -$240K | -10,000 | Closed |
|
|
35
Geode Capital Management
Boston,
Massachusetts
| – | -$222K | -9,309 | Closed |
|
36
Morgan Stanley
New York
| – | +$117 | +5 | New |
|
MAG Hedge Fund Activity: Q1 2014 in Review
33 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in MAGNETEK INC COM STK NEW (MAG) for Q1 2014, worth a combined $41.4M — down 22% from $53.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MAG and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Mill Road Capital Management, opening a new position worth an estimated $487K. The largest seller was Austin W. Marxe & David M. Greenhouse, cutting an estimated $1.02M.
- 33 institutional investors held MAGNETEK INC COM STK NEW (MAG) as of Q1 2014, down from 34 in Q4 2013.
- Funds reported $41.4M of MAGNETEK INC COM STK NEW stock for Q1 2014, down 22% quarter-over-quarter.
- 3 funds opened new MAGNETEK INC COM STK NEW positions in Q1 2014 and 4 closed out, a net change of -1 holder.
- The largest MAGNETEK INC COM STK NEW buyer in Q1 2014 was Mill Road Capital Management, an estimated $487K added.
- The largest MAGNETEK INC COM STK NEW seller in Q1 2014 was Austin W. Marxe & David M. Greenhouse, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2014.