Magna International
MGA
407 hedge funds and large institutions have $8.19B invested in Magna International in 2022 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 157 increasing their positions, 142 reducing their positions, and 59 closing their positions.
142% more call options, than puts
Call options by funds: $78.1M | Put options by funds: $32.2M
11% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 142
1.47% more ownership
Funds ownership: 59.94% → 61.41% (+1.5%)
7% less funds holding
Funds holding: 439 → 407 (-32)
12% less capital invested
Capital invested by funds: $9.3B → $8.19B (-$1.11B)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
47% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$61.2M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$40.5M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$39.2M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$35.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$46.3M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$40M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.5M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$26.5M |
| 5 |
A
AustralianSuper
Melbourne,
Australia
|
-$18M |
MGA Hedge Fund Activity: Q3 2022 in Review
407 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q3 2022, worth a combined $8.19B — down 12% from $9.3B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of MGA and 31 opened new positions — a net loss of 28 holders — while 142 trimmed existing stakes and 157 added.
The largest buyer was Fidelity International, adding an estimated $61.2M. The largest seller was CIBC Asset Management, cutting an estimated $46.3M.
- 407 institutional investors held Magna International (MGA) as of Q3 2022, down from 439 in Q2 2022.
- Funds reported $8.19B of Magna International stock for Q3 2022, down 12% quarter-over-quarter.
- 31 funds opened new Magna International positions in Q3 2022 and 59 closed out, a net change of -28 holders.
- The largest Magna International buyer in Q3 2022 was Fidelity International, an estimated $61.2M added.
- The largest Magna International seller in Q3 2022 was CIBC Asset Management, an estimated $46.3M sold.
Based on aggregated 13F filings for Q3 2022.