Magna International
MGA
355 hedge funds and large institutions have $14.5B invested in Magna International in 2014 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 121 increasing their positions, 136 reducing their positions, and 29 closing their positions.
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
34% more call options, than puts
Call options by funds: $42.3M | Put options by funds: $31.5M
16% more funds holding in top 10
Funds holding in top 10: 19 → 22 (+3)
10% more capital invested
Capital invested by funds: $13.2B → $14.5B (+$1.34B)
4% more funds holding
Funds holding: 342 → 355 (+13)
0.86% more ownership
Funds ownership: 122.25% → 123.11% (+0.86%)
11% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 136
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$230M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$215M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$117M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$93.3M |
| 5 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$235M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$193M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$119M |
| 4 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$61M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$48M |
MGA Hedge Fund Activity: Q2 2014 in Review
355 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2014, worth a combined $14.5B — up 10% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new MGA positions and 29 closed out — a net gain of 15 holders — while 121 added to existing stakes and 136 trimmed.
The largest buyer was Credit Suisse, adding an estimated $230M. The largest seller was Toronto Dominion Bank, cutting an estimated $235M.
- 355 institutional investors held Magna International (MGA) as of Q2 2014, up from 342 in Q1 2014.
- Funds reported $14.5B of Magna International stock for Q2 2014, up 10% quarter-over-quarter.
- 44 funds opened new Magna International positions in Q2 2014 and 29 closed out, a net change of +15 holders.
- The largest Magna International buyer in Q2 2014 was Credit Suisse, an estimated $230M added.
- The largest Magna International seller in Q2 2014 was Toronto Dominion Bank, an estimated $235M sold.
Based on aggregated 13F filings for Q2 2014.