Magna International
MGA
358 hedge funds and large institutions have $8.1B invested in Magna International in 2020 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 106 increasing their positions, 152 reducing their positions, and 47 closing their positions.
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
42% more capital invested
Capital invested by funds: $5.7B → $8.1B (+$2.41B)
1.17% more ownership
Funds ownership: 59.16% → 60.33% (+1.2%)
6% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 47
1% less funds holding
Funds holding: 363 → 358 (-5)
19% less call options, than puts
Call options by funds: $7.37M | Put options by funds: $9.13M
30% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 152
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$199M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$143M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$69.5M |
| 4 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$59.9M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$43.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$39.7M |
| 2 |
CIP
Cornerstone Investment Partners
Atlanta,
Georgia
|
-$34.8M |
| 3 |
Goldman Sachs
New York
|
-$30.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$30M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
-$25.3M |
MGA Hedge Fund Activity: Q2 2020 in Review
358 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2020, worth a combined $8.1B — up 42% from $5.7B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of MGA and 44 opened new positions — a net loss of 3 holders — while 152 trimmed existing stakes and 106 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $199M. The largest seller was Fiera Capital (Canada), cutting an estimated $39.7M.
- 358 institutional investors held Magna International (MGA) as of Q2 2020, down from 363 in Q1 2020.
- Funds reported $8.1B of Magna International stock for Q2 2020, up 42% quarter-over-quarter.
- 44 funds opened new Magna International positions in Q2 2020 and 47 closed out, a net change of -3 holders.
- The largest Magna International buyer in Q2 2020 was T. Rowe Price Associates, an estimated $199M added.
- The largest Magna International seller in Q2 2020 was Fiera Capital (Canada), an estimated $39.7M sold.
Based on aggregated 13F filings for Q2 2020.