Magna International
MGA
388 hedge funds and large institutions have $10.2B invested in Magna International in 2017 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 130 increasing their positions, 156 reducing their positions, and 41 closing their positions.
43% more call options, than puts
Call options by funds: $29.2M | Put options by funds: $20.4M
39% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 41
2% more funds holding
Funds holding: 380 → 388 (+8)
4% less capital invested
Capital invested by funds: $10.6B → $10.2B (-$391M)
1.19% less ownership
Funds ownership: 62.07% → 60.88% (-1.2%)
17% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 156
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$151M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$108M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$35M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$31.9M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$310M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$86.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$38.6M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$36.5M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$35.2M |
MGA Hedge Fund Activity: Q1 2017 in Review
388 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q1 2017, worth a combined $10.2B — down 3.7% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new MGA positions and 41 closed out — a net gain of 16 holders — while 130 added to existing stakes and 156 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $151M. The largest seller was 1832 Asset Management, cutting an estimated $310M.
- 388 institutional investors held Magna International (MGA) as of Q1 2017, up from 380 in Q4 2016.
- Funds reported $10.2B of Magna International stock for Q1 2017, down 3.7% quarter-over-quarter.
- 57 funds opened new Magna International positions in Q1 2017 and 41 closed out, a net change of +16 holders.
- The largest Magna International buyer in Q1 2017 was Arrowstreet Capital, an estimated $151M added.
- The largest Magna International seller in Q1 2017 was 1832 Asset Management, an estimated $310M sold.
Based on aggregated 13F filings for Q1 2017.