Magna International
389 hedge funds and large institutions have $14.3B invested in Magna International in 2015 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 137 increasing their positions, 151 reducing their positions, and 44 closing their positions.
20% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 44
12% more call options, than puts
Call options by funds: $54.2M | Put options by funds: $48.6M
4% more funds holding in top 10
Funds holding in top 10: 23 → 24 (+1)
2% more funds holding
Funds holding: 383 → 389 (+6)
1% more capital invested
Capital invested by funds: $14.2B → $14.3B (+$141M)
9% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 151
61.04% less ownership
Funds ownership: 124.64% → 63.6% (-61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$214M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$166M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$98.3M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$51.4M |
| 5 |
Two Sigma Investments
New York
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$173M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$115M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$67.1M |
| 4 |
CCMIC
Cardinal Capital Management Inc (Canada)
Winnipeg,
Manitoba, Canada
|
-$59.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$56.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
426
Manchester Capital Management
Manchester,
Vermont
| – | -$41K | -752 | Closed |
|
427
Parallax Volatility Advisers
San Francisco,
California
| – | -$16.5K | -320 | Closed |
|
|
WTB
428
Washington Trust Bank
Spokane,
Washington
| – | -$14K | -250 | Closed |
|
|
BPBT
429
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$13K | -248 | Closed |
|
|
MBT
430
Monroe Bank & Trust
Monroe,
Michigan
| – | -$11K | -210 | Closed |
|
|
ECM
431
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$5K | -88 | Closed |
|
|
PFG
432
Piershale Financial Group
Barrington,
Illinois
| – | -$4K | -72 | Closed |
|
|
FNBT
433
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$1K | -18 | Closed |
|
MGA Hedge Fund Activity: Q1 2015 in Review
389 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q1 2015, worth a combined $14.3B — up 1% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new MGA positions and 44 closed out — a net gain of 9 holders — while 137 added to existing stakes and 151 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $214M. The largest seller was AJO LP, cutting an estimated $173M.
- 389 institutional investors held Magna International (MGA) as of Q1 2015, up from 383 in Q4 2014.
- Funds reported $14.3B of Magna International stock for Q1 2015, up 1% quarter-over-quarter.
- 53 funds opened new Magna International positions in Q1 2015 and 44 closed out, a net change of +9 holders.
- The largest Magna International buyer in Q1 2015 was Vanguard Group, an estimated $214M added.
- The largest Magna International seller in Q1 2015 was AJO LP, an estimated $173M sold.
Based on aggregated 13F filings for Q1 2015.