Magna International
MGA
380 hedge funds and large institutions have $8.66B invested in Magna International in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 158 increasing their positions, 121 reducing their positions, and 46 closing their positions.
57% more call options, than puts
Call options by funds: $84.4M | Put options by funds: $53.8M
31% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 121
1.2% more ownership
Funds ownership: 68.68% → 69.88% (+1.2%)
1% more capital invested
Capital invested by funds: $8.61B → $8.66B (+$48.1M)
3% less funds holding
Funds holding: 391 → 380 (-11)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
20% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$224M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$79.7M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$69.5M |
| 4 |
VPI
Value Partners Investments
Winnipeg,
Manitoba, Canada
|
+$46.3M |
| 5 |
AIM
ARGA Investment Management
Stamford,
Connecticut
|
+$41.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$308M |
| 2 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
-$52.1M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$49M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$44.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$36.6M |
MGA Hedge Fund Activity: Q3 2024 in Review
380 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q3 2024, worth a combined $8.66B — up 0.56% from $8.61B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of MGA and 37 opened new positions — a net loss of 9 holders — while 121 trimmed existing stakes and 158 added.
The largest buyer was Pzena Investment Management, adding an estimated $224M. The largest seller was Bank of America, cutting an estimated $308M.
- 380 institutional investors held Magna International (MGA) as of Q3 2024, down from 391 in Q2 2024.
- Funds reported $8.66B of Magna International stock for Q3 2024, up 0.56% quarter-over-quarter.
- 37 funds opened new Magna International positions in Q3 2024 and 46 closed out, a net change of -9 holders.
- The largest Magna International buyer in Q3 2024 was Pzena Investment Management, an estimated $224M added.
- The largest Magna International seller in Q3 2024 was Bank of America, an estimated $308M sold.
Based on aggregated 13F filings for Q3 2024.