Magna International
383 hedge funds and large institutions have $14.2B invested in Magna International in 2014 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 140 increasing their positions, 131 reducing their positions, and 42 closing their positions.
74% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 42
44% more funds holding in top 10
Funds holding in top 10: 16 → 23 (+7)
18% more capital invested
Capital invested by funds: $12B → $14.2B (+$2.12B)
7% more funds holding
Funds holding: 357 → 383 (+26)
5.39% more ownership
Funds ownership: 119.26% → 124.64% (+5.4%)
8% more call options, than puts
Call options by funds: $29.6M | Put options by funds: $27.5M
7% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$105M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$99.4M |
| 3 |
JP Morgan Chase
New York
|
+$93.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$89.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$153M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$109M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$52.1M |
| 4 |
Two Sigma Investments
New York
|
-$41.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$39.3M |
MGA Hedge Fund Activity: Q4 2014 in Review
383 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2014, worth a combined $14.2B — up 18% from $12B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new MGA positions and 42 closed out — a net gain of 31 holders — while 140 added to existing stakes and 131 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $105M. The largest seller was Bank of Montreal, cutting an estimated $153M.
- 383 institutional investors held Magna International (MGA) as of Q4 2014, up from 357 in Q3 2014.
- Funds reported $14.2B of Magna International stock for Q4 2014, up 18% quarter-over-quarter.
- 73 funds opened new Magna International positions in Q4 2014 and 42 closed out, a net change of +31 holders.
- The largest Magna International buyer in Q4 2014 was AQR Capital Management, an estimated $105M added.
- The largest Magna International seller in Q4 2014 was Bank of Montreal, an estimated $153M sold.
Based on aggregated 13F filings for Q4 2014.