Magna International
MGA
301 hedge funds and large institutions have $11.2B invested in Magna International in 2013 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 110 increasing their positions, 113 reducing their positions, and 39 closing their positions.
28% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 39
3% more funds holding
Funds holding: 292 → 301 (+9)
1.27% more ownership
Funds ownership: 120.42% → 121.69% (+1.3%)
3% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 113
4% less capital invested
Capital invested by funds: $11.6B → $11.2B (-$422M)
8% less call options, than puts
Call options by funds: $22M | Put options by funds: $23.9M
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$66.1M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$57.7M |
| 3 |
TCM
Tetrem Capital Management
Winnipeg,
Manitoba, Canada
|
+$49.7M |
| 4 |
Renaissance Technologies
New York
|
+$47.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$47.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$226M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$108M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.8M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$80.7M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$79.3M |
MGA Hedge Fund Activity: Q4 2013 in Review
301 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2013, worth a combined $11.2B — down 3.6% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new MGA positions and 39 closed out — a net gain of 11 holders — while 110 added to existing stakes and 113 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $66.1M. The largest seller was Beutel, Goodman & Co, cutting an estimated $226M.
- 301 institutional investors held Magna International (MGA) as of Q4 2013, up from 292 in Q3 2013.
- Funds reported $11.2B of Magna International stock for Q4 2013, down 3.6% quarter-over-quarter.
- 50 funds opened new Magna International positions in Q4 2013 and 39 closed out, a net change of +11 holders.
- The largest Magna International buyer in Q4 2013 was Arrowstreet Capital, an estimated $66.1M added.
- The largest Magna International seller in Q4 2013 was Beutel, Goodman & Co, an estimated $226M sold.
Based on aggregated 13F filings for Q4 2013.