Magna International
396 hedge funds and large institutions have $9.5B invested in Magna International in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 113 increasing their positions, 159 reducing their positions, and 44 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
46% more call options, than puts
Call options by funds: $48.2M | Put options by funds: $32.9M
7% more capital invested
Capital invested by funds: $8.9B → $9.5B (+$605M)
1.22% more ownership
Funds ownership: 55.59% → 56.81% (+1.2%)
9% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 44
1% more funds holding
Funds holding: 394 → 396 (+2)
29% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$141M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$140M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$41.4M |
| 4 |
CCMIC
Cardinal Capital Management Inc (Canada)
Winnipeg,
Manitoba, Canada
|
+$36.2M |
| 5 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$92.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$91.3M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$79.1M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$66.2M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$33.9M |
MGA Hedge Fund Activity: Q3 2019 in Review
396 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q3 2019, worth a combined $9.5B — up 6.8% from $8.9B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new MGA positions and 44 closed out — a net gain of 4 holders — while 113 added to existing stakes and 159 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $141M. The largest seller was TD Asset Management, cutting an estimated $92.5M.
- 396 institutional investors held Magna International (MGA) as of Q3 2019, up from 394 in Q2 2019.
- Funds reported $9.5B of Magna International stock for Q3 2019, up 6.8% quarter-over-quarter.
- 48 funds opened new Magna International positions in Q3 2019 and 44 closed out, a net change of +4 holders.
- The largest Magna International buyer in Q3 2019 was Arrowstreet Capital, an estimated $141M added.
- The largest Magna International seller in Q3 2019 was TD Asset Management, an estimated $92.5M sold.
Based on aggregated 13F filings for Q3 2019.