Magna International
MGA
437 hedge funds and large institutions have $14.7B invested in Magna International in 2015 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 147 increasing their positions, 145 reducing their positions, and 33 closing their positions.
158% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 33
21% more funds holding in top 10
Funds holding in top 10: 24 → 29 (+5)
15% more call options, than puts
Call options by funds: $50.9M | Put options by funds: $44.5M
12% more funds holding
Funds holding: 389 → 437 (+48)
3% more capital invested
Capital invested by funds: $14.3B → $14.7B (+$424M)
1% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 145
0.63% more ownership
Funds ownership: 63.6% → 64.23% (+0.63%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$209M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$162M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$131M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$131M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$94.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$292M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$173M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$99.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$75.9M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$62.4M |
MGA Hedge Fund Activity: Q2 2015 in Review
437 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2015, worth a combined $14.7B — up 3% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new MGA positions and 33 closed out — a net gain of 52 holders — while 147 added to existing stakes and 145 trimmed.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $209M. The largest seller was CIBC World Market, cutting an estimated $292M.
- 437 institutional investors held Magna International (MGA) as of Q2 2015, up from 389 in Q1 2015.
- Funds reported $14.7B of Magna International stock for Q2 2015, up 3% quarter-over-quarter.
- 85 funds opened new Magna International positions in Q2 2015 and 33 closed out, a net change of +52 holders.
- The largest Magna International buyer in Q2 2015 was Senator Investment Group, an estimated $209M added.
- The largest Magna International seller in Q2 2015 was CIBC World Market, an estimated $292M sold.
Based on aggregated 13F filings for Q2 2015.