Magna International
MGA
394 hedge funds and large institutions have $8.9B invested in Magna International in 2019 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 124 increasing their positions, 175 reducing their positions, and 77 closing their positions.
44% more call options, than puts
Call options by funds: $30.1M | Put options by funds: $20.8M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.31% less ownership
Funds ownership: 55.9% → 55.59% (-0.31%)
3% less capital invested
Capital invested by funds: $9.14B → $8.9B (-$241M)
10% less funds holding
Funds holding: 440 → 394 (-46)
29% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 175
58% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$105M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$72.7M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$65.3M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$54.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$199M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$64.8M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$43.4M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$42M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$39.3M |
MGA Hedge Fund Activity: Q2 2019 in Review
394 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2019, worth a combined $8.9B — down 2.6% from $9.14B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of MGA and 32 opened new positions — a net loss of 45 holders — while 175 trimmed existing stakes and 124 added.
The largest buyer was CIBC Asset Management, adding an estimated $105M. The largest seller was AQR Capital Management, exiting entirely with an estimated $199M sold.
- 394 institutional investors held Magna International (MGA) as of Q2 2019, down from 440 in Q1 2019.
- Funds reported $8.9B of Magna International stock for Q2 2019, down 2.6% quarter-over-quarter.
- 32 funds opened new Magna International positions in Q2 2019 and 77 closed out, a net change of -45 holders.
- The largest Magna International buyer in Q2 2019 was CIBC Asset Management, an estimated $105M added.
- The largest Magna International seller in Q2 2019 was AQR Capital Management, an estimated $199M sold.
Based on aggregated 13F filings for Q2 2019.