Magna International
451 hedge funds and large institutions have $12.1B invested in Magna International in 2018 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 132 increasing their positions, 171 reducing their positions, and 37 closing their positions.
84% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 37
6% more funds holding
Funds holding: 426 → 451 (+25)
2% less capital invested
Capital invested by funds: $12.3B → $12.1B (-$203M)
1.98% less ownership
Funds ownership: 60.7% → 58.72% (-2%)
23% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 171
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
34% less call options, than puts
Call options by funds: $26.1M | Put options by funds: $39.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$125M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$106M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$70.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$66.7M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$187M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
-$78.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$54.5M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$47.9M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$47.3M |
MGA Hedge Fund Activity: Q2 2018 in Review
451 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2018, worth a combined $12.1B — down 1.6% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new MGA positions and 37 closed out — a net gain of 31 holders — while 132 added to existing stakes and 171 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $125M. The largest seller was Fidelity Investments, cutting an estimated $187M.
- 451 institutional investors held Magna International (MGA) as of Q2 2018, up from 426 in Q1 2018.
- Funds reported $12.1B of Magna International stock for Q2 2018, down 1.6% quarter-over-quarter.
- 68 funds opened new Magna International positions in Q2 2018 and 37 closed out, a net change of +31 holders.
- The largest Magna International buyer in Q2 2018 was Fidelity International, an estimated $125M added.
- The largest Magna International seller in Q2 2018 was Fidelity Investments, an estimated $187M sold.
Based on aggregated 13F filings for Q2 2018.