Magic Empire Global Ltd
MEGL
5 hedge funds and large institutions have $10.8K invested in Magic Empire Global Ltd in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
0.04% less ownership
Funds ownership: 0.05% → 0.01% (-0.04%)
17% less funds holding
Funds holding: 6 → 5 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
85% less capital invested
Capital invested by funds: $73.6K → $10.8K (-$62.7K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$3.94K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$73 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$38.5K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$17.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.03K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$134 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Morgan Stanley
New York
| $5.46K | – | – | – |
|
|
2
Barclays
London,
United Kingdom
| $3.28K | +$3.94K | +706 | New |
|
|
EC
3
Elequin Capital
New York
| $1.16K | – | – | – |
|
|
4
Bank of America
Charlotte,
North Carolina
| $884 | -$134 | -24 | -11% |
|
|
5
Wells Fargo
San Francisco,
California
| $58 | +$73 | +13 | New |
|
|
6
Millennium Management
New York
| – | -$38.5K | -5,564 | Closed |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$17.7K | -2,500 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$6.03K | -871 | Closed |
|
MEGL Hedge Fund Activity: Q3 2023 in Review
5 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in Magic Empire Global Ltd (MEGL) for Q3 2023, worth a combined $10.8K — down 85% from $73.6K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MEGL and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Barclays, opening a new position worth an estimated $3.94K. The largest seller was Millennium Management, exiting entirely with an estimated $38.5K sold.
- 5 institutional investors held Magic Empire Global Ltd (MEGL) as of Q3 2023, down from 6 in Q2 2023.
- Funds reported $10.8K of Magic Empire Global Ltd stock for Q3 2023, down 85% quarter-over-quarter.
- 2 funds opened new Magic Empire Global Ltd positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Magic Empire Global Ltd buyer in Q3 2023 was Barclays, an estimated $3.94K added.
- The largest Magic Empire Global Ltd seller in Q3 2023 was Millennium Management, an estimated $38.5K sold.
Based on aggregated 13F filings for Q3 2023.