Magna International
376 hedge funds and large institutions have $10.5B invested in Magna International in 2017 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 123 increasing their positions, 154 reducing their positions, and 57 closing their positions.
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
6% more call options, than puts
Call options by funds: $67.3M | Put options by funds: $63.3M
4% more capital invested
Capital invested by funds: $10.2B → $10.5B (+$381M)
2.01% less ownership
Funds ownership: 60.88% → 58.87% (-2%)
3% less funds holding
Funds holding: 388 → 376 (-12)
18% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 57
20% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$304M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$68.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$51.7M |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$48.2M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$106M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$85.2M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$83M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$75.7M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$73.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Twin Tree Management
Dallas,
Texas
| – | -$46.9K | -1,079 | Closed |
|
|
BL
427
Balentine LLC
Atlanta,
Georgia
| – | -$40K | -919 | Closed |
|
|
AA
428
Apriem Advisors
Irvine,
California
| – | -$13K | -300 | Closed |
|
|
CG
429
Cutler Group
San Francisco,
California
| – | -$11.3K | -261 | Closed |
|
|
WOC
430
West Oak Capital
Westlake Village,
California
| – | -$8.72K | -202 | Closed |
|
|
SWA
431
Sutton Wealth Advisors
Tampa,
Florida
| – | -$5.18K | -120 | Closed |
|
|
BWP
432
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$5K | -114 | Closed |
|
|
WT
433
Whittier Trust
South Pasadena,
California
| – | -$4K | -93 | Closed |
|
|
EWM
434
Evercore Wealth Management
New York
| – | -$2K | -38 | Closed |
|
MGA Hedge Fund Activity: Q2 2017 in Review
376 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2017, worth a combined $10.5B — up 3.7% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of MGA and 47 opened new positions — a net loss of 10 holders — while 154 trimmed existing stakes and 123 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $304M. The largest seller was Toronto Dominion Bank, cutting an estimated $106M.
- 376 institutional investors held Magna International (MGA) as of Q2 2017, down from 388 in Q1 2017.
- Funds reported $10.5B of Magna International stock for Q2 2017, up 3.7% quarter-over-quarter.
- 47 funds opened new Magna International positions in Q2 2017 and 57 closed out, a net change of -10 holders.
- The largest Magna International buyer in Q2 2017 was T. Rowe Price Associates, an estimated $304M added.
- The largest Magna International seller in Q2 2017 was Toronto Dominion Bank, an estimated $106M sold.
Based on aggregated 13F filings for Q2 2017.