Magna International
MGA
364 hedge funds and large institutions have $8.48B invested in Magna International in 2020 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 123 increasing their positions, 138 reducing their positions, and 39 closing their positions.
43% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $9.3M
21% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 39
2% more funds holding
Funds holding: 358 → 364 (+6)
1.27% more ownership
Funds ownership: 60.33% → 61.6% (+1.3%)
5% more capital invested
Capital invested by funds: $8.1B → $8.48B (+$375M)
11% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 138
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$234M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$96.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$40.3M |
| 4 |
Millennium Management
New York
|
+$40.3M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$86.1M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$62.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$40.1M |
| 4 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
-$40.1M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$26.7M |
MGA Hedge Fund Activity: Q3 2020 in Review
364 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q3 2020, worth a combined $8.48B — up 4.6% from $8.1B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new MGA positions and 39 closed out — a net gain of 8 holders — while 123 added to existing stakes and 138 trimmed.
The largest buyer was Jarislowsky, Fraser Ltd, adding an estimated $234M. The largest seller was Arrowstreet Capital, cutting an estimated $86.1M.
- 364 institutional investors held Magna International (MGA) as of Q3 2020, up from 358 in Q2 2020.
- Funds reported $8.48B of Magna International stock for Q3 2020, up 4.6% quarter-over-quarter.
- 47 funds opened new Magna International positions in Q3 2020 and 39 closed out, a net change of +8 holders.
- The largest Magna International buyer in Q3 2020 was Jarislowsky, Fraser Ltd, an estimated $234M added.
- The largest Magna International seller in Q3 2020 was Arrowstreet Capital, an estimated $86.1M sold.
Based on aggregated 13F filings for Q3 2020.