Magna International
MGA
342 hedge funds and large institutions have $13.2B invested in Magna International in 2014 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 115 increasing their positions, 124 reducing their positions, and 19 closing their positions.
226% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 19
51% more call options, than puts
Call options by funds: $32.2M | Put options by funds: $21.3M
18% more capital invested
Capital invested by funds: $11.2B → $13.2B (+$1.97B)
14% more funds holding
Funds holding: 301 → 342 (+41)
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
0.56% more ownership
Funds ownership: 121.69% → 122.25% (+0.56%)
7% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$188M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$64.8M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$55.5M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$52M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$35.5M |
Top Sellers
MGA Hedge Fund Activity: Q1 2014 in Review
342 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q1 2014, worth a combined $13.2B — up 18% from $11.2B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new MGA positions and 19 closed out — a net gain of 43 holders — while 115 added to existing stakes and 124 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $188M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $235M.
- 342 institutional investors held Magna International (MGA) as of Q1 2014, up from 301 in Q4 2013.
- Funds reported $13.2B of Magna International stock for Q1 2014, up 18% quarter-over-quarter.
- 62 funds opened new Magna International positions in Q1 2014 and 19 closed out, a net change of +43 holders.
- The largest Magna International buyer in Q1 2014 was 1832 Asset Management, an estimated $188M added.
- The largest Magna International seller in Q1 2014 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $235M sold.
Based on aggregated 13F filings for Q1 2014.