Magna International
415 hedge funds and large institutions have $8.88B invested in Magna International in 2018 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 123 increasing their positions, 171 reducing their positions, and 69 closing their positions.
29% more call options, than puts
Call options by funds: $20.5M | Put options by funds: $15.9M
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.63% less ownership
Funds ownership: 59.4% → 58.77% (-0.63%)
9% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 69
2% less funds holding
Funds holding: 425 → 415 (-10)
17% less capital invested
Capital invested by funds: $10.7B → $8.88B (-$1.78B)
28% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 171
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
+$70.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$63.9M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$30.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$30.1M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$29.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$220M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$41.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$40.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$38.2M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$32.8M |
MGA Hedge Fund Activity: Q4 2018 in Review
415 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2018, worth a combined $8.88B — down 17% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of MGA and 63 opened new positions — a net loss of 6 holders — while 171 trimmed existing stakes and 123 added.
The largest buyer was ACR Alpine Capital Research, opening a new position worth an estimated $70.6M. The largest seller was Wellington Management Group, cutting an estimated $220M.
- 415 institutional investors held Magna International (MGA) as of Q4 2018, down from 425 in Q3 2018.
- Funds reported $8.88B of Magna International stock for Q4 2018, down 17% quarter-over-quarter.
- 63 funds opened new Magna International positions in Q4 2018 and 69 closed out, a net change of -6 holders.
- The largest Magna International buyer in Q4 2018 was ACR Alpine Capital Research, an estimated $70.6M added.
- The largest Magna International seller in Q4 2018 was Wellington Management Group, an estimated $220M sold.
Based on aggregated 13F filings for Q4 2018.