Magic Empire Global Ltd
MEGL
6 hedge funds and large institutions have $73.6K invested in Magic Empire Global Ltd in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 5 closing their positions.
0.1% less ownership
Funds ownership: 0.15% → 0.05% (-0.1%)
25% less funds holding
Funds holding: 8 → 6 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
61% less capital invested
Capital invested by funds: $188K → $73.6K (-$114K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$39.1K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$17.6K |
| 3 |
EC
Elequin Capital
New York
|
+$1.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$67.2K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$25.7K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$22.1K |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$19.7K |
| 5 |
VF
Virtu Financial
New York
|
-$18K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Millennium Management
New York
| $38.5K | +$39.1K | +5,564 | New |
|
|
2
Bank of Montreal
Toronto,
Ontario, Canada
| $17.7K | +$17.6K | +2,500 | New |
|
3
Morgan Stanley
New York
| $8.14K | -$7.63K | -1,084 | -48% |
|
4
UBS Group
Zurich,
Switzerland
| $6.03K | -$2.87K | -408 | -32% |
|
|
EC
5
Elequin Capital
New York
| $1.73K | +$1.76K | +250 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| $1.48K | -$25.7K | -3,652 | -94% |
|
|
SSA
7
Schonfeld Strategic Advisors
New York
| – | -$67.2K | -11,050 | Closed |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$22.1K | -3,605 | Closed |
|
|
CF
9
Cantor Fitzgerald
New York
| – | -$19.7K | -3,246 | Closed |
|
|
VF
10
Virtu Financial
New York
| – | -$18K | -3,021 | Closed |
|
|
XT
11
XTX Topco
George Town,
Cayman Islands
| – | -$15.5K | -2,533 | Closed |
|
MEGL Hedge Fund Activity: Q2 2023 in Review
6 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Magic Empire Global Ltd (MEGL) for Q2 2023, worth a combined $73.6K — down 61% from $188K a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MEGL and 3 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $39.1K. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $67.2K sold.
- 6 institutional investors held Magic Empire Global Ltd (MEGL) as of Q2 2023, down from 8 in Q1 2023.
- Funds reported $73.6K of Magic Empire Global Ltd stock for Q2 2023, down 61% quarter-over-quarter.
- 3 funds opened new Magic Empire Global Ltd positions in Q2 2023 and 5 closed out, a net change of -2 holders.
- The largest Magic Empire Global Ltd buyer in Q2 2023 was Millennium Management, an estimated $39.1K added.
- The largest Magic Empire Global Ltd seller in Q2 2023 was Schonfeld Strategic Advisors, an estimated $67.2K sold.
Based on aggregated 13F filings for Q2 2023.