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Magna International
MGA

419 hedge funds and large institutions have $11.9B invested in Magna International in 2023 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 144 increasing their positions, 146 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 39

43% more funds holding in top 10

Funds holding in top 10: 7 → 10 (+3)

24% more call options, than puts

Call options by funds: $70.6M | Put options by funds: $56.7M

14% more capital invested

Capital invested by funds: $10.4B → $11.9B (+$1.5B)

5% more funds holding

Funds holding: 400 → 419 (+19)

1.19% more ownership

Funds ownership: 67.4% → 68.6% (+1.2%)

1% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 146

Holders
419
Holders Change
+19
Holders Change %
+4.75%
% of All Funds
6.11%
Holding in Top 10
10
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+42.86%
% of All Funds
0.15%
New
63
Increased
144
Reduced
146
Closed
39
Calls
$70.6M
Puts
$56.7M
Net Calls
+$13.9M
Net Calls Change
-$22.2M

Top Buyers

Rank Fund Capital Flow
1
Pzena Investment Management
Pzena Investment Management
New York
+$165M
2
TD Asset Management
TD Asset Management
Ontario, Canada
+$85.4M
3
Morgan Stanley
Morgan Stanley
New York
+$78.8M
4
Fidelity International
Fidelity International
Bermuda
+$49.2M
5
Harris Associates
Harris Associates
Illinois
+$38.7M

Top Sellers

Rank Fund Capital Flow
1
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
-$86.1M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$54.9M
3
Renaissance Technologies
Renaissance Technologies
New York
-$19.3M
4
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
-$16.9M
5
Principal Financial Group
Principal Financial Group
Iowa
-$16.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
TFA
451
Toth Financial Advisory
Virginia
– -$3.38K -63 Closed
CAL
452
Capital Analysts LLC
Pennsylvania
– -$3K -58 Closed
PP
453
PFS Partners
New Jersey
– -$2.41K -45 Closed
AFG
454
Albion Financial Group
Utah
– -$2.09K -39 Closed
EWM
455
Evermay Wealth Management
Virginia
– -$1.88K -35 Closed
CCP
456
Carmel Capital Partners
California
– -$1.61K -30 Closed
ETC
457
Exchange Traded Concepts
Oklahoma
– -$1.39K -26 Closed
AAP
458
Arax Advisory Partners
Colorado
– -$697 -13 Closed
15 16 17 18
19

MGA Hedge Fund Activity: Q4 2023 in Review

419 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2023, worth a combined $11.9B — up 14% from $10.4B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new MGA positions and 39 closed out — a net gain of 24 holders — while 144 added to existing stakes and 146 trimmed.

The largest buyer was Pzena Investment Management, adding an estimated $165M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $86.1M.

  • 419 institutional investors held Magna International (MGA) as of Q4 2023, up from 400 in Q3 2023.
  • Funds reported $11.9B of Magna International stock for Q4 2023, up 14% quarter-over-quarter.
  • 63 funds opened new Magna International positions in Q4 2023 and 39 closed out, a net change of +24 holders.
  • The largest Magna International buyer in Q4 2023 was Pzena Investment Management, an estimated $165M added.
  • The largest Magna International seller in Q4 2023 was Canada Pension Plan Investment Board, an estimated $86.1M sold.

Based on aggregated 13F filings for Q4 2023.