Magna International
491 hedge funds and large institutions have $16.3B invested in Magna International in 2021 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 160 increasing their positions, 165 reducing their positions, and 50 closing their positions.
102% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 50
29% more call options, than puts
Call options by funds: $88.7M | Put options by funds: $68.9M
23% more capital invested
Capital invested by funds: $13.3B → $16.3B (+$3.03B)
10% more funds holding
Funds holding: 446 → 491 (+45)
5% more funds holding in top 10
Funds holding in top 10: 20 → 21 (+1)
3% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 165
1.35% less ownership
Funds ownership: 62.15% → 60.79% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$454M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$167M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$141M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$98M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$97.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$356M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$308M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$275M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$105M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$85.6M |
MGA Hedge Fund Activity: Q1 2021 in Review
491 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q1 2021, worth a combined $16.3B — up 23% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new MGA positions and 50 closed out — a net gain of 51 holders — while 160 added to existing stakes and 165 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $454M. The largest seller was T. Rowe Price Associates, cutting an estimated $356M.
- 491 institutional investors held Magna International (MGA) as of Q1 2021, up from 446 in Q4 2020.
- Funds reported $16.3B of Magna International stock for Q1 2021, up 23% quarter-over-quarter.
- 101 funds opened new Magna International positions in Q1 2021 and 50 closed out, a net change of +51 holders.
- The largest Magna International buyer in Q1 2021 was Mackenzie Financial, an estimated $454M added.
- The largest Magna International seller in Q1 2021 was T. Rowe Price Associates, an estimated $356M sold.
Based on aggregated 13F filings for Q1 2021.