Magna International
MGA
409 hedge funds and large institutions have $9.88B invested in Magna International in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 145 increasing their positions, 152 reducing their positions, and 57 closing their positions.
168% more call options, than puts
Call options by funds: $76.7M | Put options by funds: $28.6M
0.69% more ownership
Funds ownership: 63.58% → 64.27% (+0.69%)
5% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 152
6% less funds holding
Funds holding: 433 → 409 (-24)
9% less capital invested
Capital invested by funds: $10.9B → $9.88B (-$995M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
33% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$132M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$108M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$60.5M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$33.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$63M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$60.5M |
| 3 |
Amundi
Paris,
France
|
-$44.4M |
| 4 |
JP Morgan Chase
New York
|
-$41M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$36.2M |
MGA Hedge Fund Activity: Q1 2023 in Review
409 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q1 2023, worth a combined $9.88B — down 9.2% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of MGA and 38 opened new positions — a net loss of 19 holders — while 152 trimmed existing stakes and 145 added.
The largest buyer was Fidelity International, adding an estimated $132M. The largest seller was Massachusetts Financial Services, cutting an estimated $63M.
- 409 institutional investors held Magna International (MGA) as of Q1 2023, down from 433 in Q4 2022.
- Funds reported $9.88B of Magna International stock for Q1 2023, down 9.2% quarter-over-quarter.
- 38 funds opened new Magna International positions in Q1 2023 and 57 closed out, a net change of -19 holders.
- The largest Magna International buyer in Q1 2023 was Fidelity International, an estimated $132M added.
- The largest Magna International seller in Q1 2023 was Massachusetts Financial Services, an estimated $63M sold.
Based on aggregated 13F filings for Q1 2023.