Magna International
426 hedge funds and large institutions have $12.3B invested in Magna International in 2018 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 137 increasing their positions, 156 reducing their positions, and 54 closing their positions.
69% more call options, than puts
Call options by funds: $35.9M | Put options by funds: $21.3M
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
9% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 54
0.75% more ownership
Funds ownership: 59.95% → 60.7% (+0.75%)
0% more funds holding
Funds holding: 424 → 426 (+2)
0% less capital invested
Capital invested by funds: $12.4B → $12.3B (-$42.6M)
12% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$99.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$96.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$92.8M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$79.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$49.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$59.3M |
| 2 |
JP Morgan Chase
New York
|
-$47.7M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$45.6M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$45.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$42.8M |
MGA Hedge Fund Activity: Q1 2018 in Review
426 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q1 2018, worth a combined $12.3B — down 0.34% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new MGA positions and 54 closed out — a net gain of 5 holders — while 137 added to existing stakes and 156 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $99.1M. The largest seller was Royal Bank of Canada, cutting an estimated $59.3M.
- 426 institutional investors held Magna International (MGA) as of Q1 2018, up from 424 in Q4 2017.
- Funds reported $12.3B of Magna International stock for Q1 2018, down 0.34% quarter-over-quarter.
- 59 funds opened new Magna International positions in Q1 2018 and 54 closed out, a net change of +5 holders.
- The largest Magna International buyer in Q1 2018 was Bank of New York Mellon, an estimated $99.1M added.
- The largest Magna International seller in Q1 2018 was Royal Bank of Canada, an estimated $59.3M sold.
Based on aggregated 13F filings for Q1 2018.