Magna International
MGA
415 hedge funds and large institutions have $13B invested in Magna International in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 175 increasing their positions, 149 reducing their positions, and 59 closing their positions.
19% more call options, than puts
Call options by funds: $48.4M | Put options by funds: $40.8M
17% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 149
1.84% more ownership
Funds ownership: 64.23% → 66.06% (+1.8%)
5% less funds holding
Funds holding: 437 → 415 (-22)
12% less capital invested
Capital invested by funds: $14.7B → $13B (-$1.75B)
24% less funds holding in top 10
Funds holding in top 10: 29 → 22 (-7)
32% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$279M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$135M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$126M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
+$118M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$93.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$161M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$132M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$119M |
| 4 |
Two Sigma Investments
New York
|
-$82.9M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$79.6M |
MGA Hedge Fund Activity: Q3 2015 in Review
415 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q3 2015, worth a combined $13B — down 12% from $14.7B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of MGA and 40 opened new positions — a net loss of 19 holders — while 149 trimmed existing stakes and 175 added.
The largest buyer was Deutsche Bank, adding an estimated $279M. The largest seller was Fidelity Investments, cutting an estimated $161M.
- 415 institutional investors held Magna International (MGA) as of Q3 2015, down from 437 in Q2 2015.
- Funds reported $13B of Magna International stock for Q3 2015, down 12% quarter-over-quarter.
- 40 funds opened new Magna International positions in Q3 2015 and 59 closed out, a net change of -19 holders.
- The largest Magna International buyer in Q3 2015 was Deutsche Bank, an estimated $279M added.
- The largest Magna International seller in Q3 2015 was Fidelity Investments, an estimated $161M sold.
Based on aggregated 13F filings for Q3 2015.