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Magna International

374 hedge funds and large institutions have $10.5B invested in Magna International in 2016 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 141 increasing their positions, 140 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more funds holding in top 10

Funds holding in top 10: 1120 (+9)

1% more repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 140

6% less capital invested

Capital invested by funds: $11.2B → $10.5B (-$686M)

6.79% less ownership

Funds ownership: 66.94%60.15% (-6.8%)

7% less funds holding

Funds holding: 404374 (-30)

29% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 75

34% less call options, than puts

Call options by funds: $17.7M | Put options by funds: $26.9M

Holders
374
Holders Change
-30
Holders Change %
-7.43%
% of All Funds
9.97%
Holding in Top 10
20
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+81.82%
% of All Funds
0.53%
New
53
Increased
141
Reduced
140
Closed
75
Calls
$17.7M
Puts
$26.9M
Net Calls
-$9.22M
Net Calls Change
-$14.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
101
Citigroup
New York
$14.1M -$13.1M -352,416 -52%
Balyasny Asset Management
102
Balyasny Asset Management
Illinois
$13.9M +$10.4M +279,059 +616%
US Bancorp
103
US Bancorp
Minnesota
$13.2M +$2.62M +70,496 +30%
SCP
104
Seizert Capital Partners
Michigan
$12.8M +$2.07M +55,645 +23%
USAA
105
United Services Automobile Association
Texas
$12.6M +$3.7M +99,500 +51%
Northern Trust
106
Northern Trust
Illinois
$12M +$1.12M +29,970 +12%
Susquehanna International Group
107
Susquehanna International Group
Pennsylvania
$11.7M +$2.96M +79,440 +41%
TRSOTSOK
108
Teachers Retirement System of the State of Kentucky
Kentucky
$11.3M -$2.95M -79,280 -23%
Franklin Resources
109
Franklin Resources
California
$11.2M -$734K -19,736 -7%
BFS
110
Baskin Financial Services
Ontario, Canada
$11M +$363K +9,767 +4%
RCM
111
Redwood Capital Management
New York
$11M +$9.54M +256,500 New
JAM
112
JCIC Asset Management
Ontario, Canada
$10.9M -$222K -5,974 -2%
ADEF
113
Adams Diversified Equity Fund
Maryland
$10.8M
TA
114
Teachers Advisors
New York
$10.6M -$217K -5,837 -2%
HIM
115
Hillsdale Investment Management
Ontario, Canada
$10.2M +$8.41M +226,110 +1,897%
Korea Investment Corp
116
Korea Investment Corp
South Korea
$10.2M +$2.52M +67,777 +40%
Aviva
117
Aviva
United Kingdom
$10.1M +$65.8K +1,769 +0.8%
SEI Investments
118
SEI Investments
Pennsylvania
$9.84M +$886K +23,801 +12%
AIM
119
Atlantic Investment Management
New York
$9.66M +$1.44M +38,773 +21%
EAM
120
EverPoint Asset Management
Connecticut
$9.31M +$5.65M +151,801 +234%
Mackenzie Financial
121
Mackenzie Financial
Ontario, Canada
$9.02M -$122M -3,278,282 -94%
GP
122
GLG Partners
United Kingdom
$8.51M -$883K -23,723 -11%
PAM
123
Panagora Asset Management
Massachusetts
$8.39M +$277K +7,450 +4%
HI
124
HBK Investments
Texas
$7.99M +$3.72M +99,900 +116%
PNC Financial Services Group
125
PNC Financial Services Group
Pennsylvania
$7.89M -$4.33M -116,249 -39%

MGA Hedge Fund Activity: Q1 2016 in Review

374 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q1 2016, worth a combined $10.5B — down 6.1% from $11.2B a quarter earlier.

Sellers outnumbered buyers: 75 funds closed out of MGA and 53 opened new positions — a net loss of 22 holders — while 140 trimmed existing stakes and 141 added.

The largest buyer was Bank of Montreal, adding an estimated $78.3M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $524M.

  • 374 institutional investors held Magna International (MGA) as of Q1 2016, down from 404 in Q4 2015.
  • Funds reported $10.5B of Magna International stock for Q1 2016, down 6.1% quarter-over-quarter.
  • 53 funds opened new Magna International positions in Q1 2016 and 75 closed out, a net change of -22 holders.
  • The largest Magna International buyer in Q1 2016 was Bank of Montreal, an estimated $78.3M added.
  • The largest Magna International seller in Q1 2016 was BNP Paribas Financial Markets, an estimated $524M sold.

Based on aggregated 13F filings for Q1 2016.