Magna International
MGA
433 hedge funds and large institutions have $10.9B invested in Magna International in 2022 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 111 increasing their positions, 177 reducing their positions, and 42 closing their positions.
80% more call options, than puts
Call options by funds: $59.4M | Put options by funds: $33M
74% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 42
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
33% more capital invested
Capital invested by funds: $8.19B → $10.9B (+$2.69B)
6% more funds holding
Funds holding: 407 → 433 (+26)
2.17% more ownership
Funds ownership: 61.41% → 63.58% (+2.2%)
37% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 177
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$230M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$149M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$95.8M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$80.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$53.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$74.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$35.4M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$32.8M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$31.5M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$25.9M |
MGA Hedge Fund Activity: Q4 2022 in Review
433 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2022, worth a combined $10.9B — up 33% from $8.19B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new MGA positions and 42 closed out — a net gain of 31 holders — while 111 added to existing stakes and 177 trimmed.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $230M. The largest seller was Royal Bank of Canada, cutting an estimated $74.1M.
- 433 institutional investors held Magna International (MGA) as of Q4 2022, up from 407 in Q3 2022.
- Funds reported $10.9B of Magna International stock for Q4 2022, up 33% quarter-over-quarter.
- 73 funds opened new Magna International positions in Q4 2022 and 42 closed out, a net change of +31 holders.
- The largest Magna International buyer in Q4 2022 was Pzena Investment Management, an estimated $230M added.
- The largest Magna International seller in Q4 2022 was Royal Bank of Canada, an estimated $74.1M sold.
Based on aggregated 13F filings for Q4 2022.