Magic Empire Global Ltd
MEGL
8 hedge funds and large institutions have $188K invested in Magic Empire Global Ltd in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 6 closing their positions.
0.08% less ownership
Funds ownership: 0.24% → 0.15% (-0.08%)
26% less capital invested
Capital invested by funds: $254K → $188K (-$66.7K)
27% less funds holding
Funds holding: 11 → 8 (-3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$30.9K |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$28K |
| 3 |
VF
Virtu Financial
New York
|
+$24.1K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$20.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.72K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$63K |
| 2 |
Morgan Stanley
New York
|
-$28.1K |
| 3 |
Millennium Management
New York
|
-$19K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$17.8K |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
1
Schonfeld Strategic Advisors
New York
| $67.2K | +$28K | +3,500 | +46% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $23.5K | +$30.9K | +3,867 | New |
|
3
Citadel Advisors
Miami,
Florida
| $22.1K | -$12.1K | -1,517 | -30% |
|
|
CF
4
Cantor Fitzgerald
New York
| $19.7K | -$14K | -1,754 | -35% |
|
|
VF
5
Virtu Financial
New York
| $18K | +$24.1K | +3,021 | New |
|
|
XT
6
XTX Topco
George Town,
Cayman Islands
| $15.5K | +$20.2K | +2,533 | New |
|
|
7
Morgan Stanley
New York
| $13.7K | -$28.1K | -3,514 | -61% |
|
|
8
UBS Group
Zurich,
Switzerland
| $7.77K | +$1.72K | +215 | +20% |
|
|
9
Renaissance Technologies
New York
| – | -$63K | -12,261 | Closed |
|
|
10
Millennium Management
New York
| – | -$19K | -3,612 | Closed |
|
|
TSS
11
Two Sigma Securities
New York
| – | -$17.8K | -3,442 | Closed |
|
|
QC
12
Quadrature Capital
London,
United Kingdom
| – | -$12.8K | -2,513 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$5K | -924 | Closed |
|
|
IA
14
IFP Advisors
Tampa,
Florida
| – | -$10K | -25 | Closed |
|
MEGL Hedge Fund Activity: Q1 2023 in Review
8 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Magic Empire Global Ltd (MEGL) for Q1 2023, worth a combined $188K — down 26% from $254K a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MEGL and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Bank of America, opening a new position worth an estimated $30.9K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $63K sold.
- 8 institutional investors held Magic Empire Global Ltd (MEGL) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $188K of Magic Empire Global Ltd stock for Q1 2023, down 26% quarter-over-quarter.
- 3 funds opened new Magic Empire Global Ltd positions in Q1 2023 and 6 closed out, a net change of -3 holders.
- The largest Magic Empire Global Ltd buyer in Q1 2023 was Bank of America, an estimated $30.9K added.
- The largest Magic Empire Global Ltd seller in Q1 2023 was Renaissance Technologies, an estimated $63K sold.
Based on aggregated 13F filings for Q1 2023.