Magna International
MGA
446 hedge funds and large institutions have $13.3B invested in Magna International in 2020 Q4 according to their latest regulatory filings, with 127 funds opening new positions, 127 increasing their positions, 147 reducing their positions, and 38 closing their positions.
388% more call options, than puts
Call options by funds: $132M | Put options by funds: $27M
234% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 38
186% more funds holding in top 10
Funds holding in top 10: 7 → 20 (+13)
56% more capital invested
Capital invested by funds: $8.48B → $13.3B (+$4.77B)
23% more funds holding
Funds holding: 364 → 446 (+82)
0.54% more ownership
Funds ownership: 61.6% → 62.15% (+0.54%)
14% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 147
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$214M |
| 2 |
MCM
Moore Capital Management
New York
|
+$91.6M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$60.8M |
| 4 |
Goldman Sachs
New York
|
+$60.7M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$58.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$300M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$190M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$88.5M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$75.8M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$49.3M |
MGA Hedge Fund Activity: Q4 2020 in Review
446 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2020, worth a combined $13.3B — up 56% from $8.48B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new MGA positions and 38 closed out — a net gain of 89 holders — while 127 added to existing stakes and 147 trimmed.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $214M. The largest seller was T. Rowe Price Associates, cutting an estimated $300M.
- 446 institutional investors held Magna International (MGA) as of Q4 2020, up from 364 in Q3 2020.
- Funds reported $13.3B of Magna International stock for Q4 2020, up 56% quarter-over-quarter.
- 127 funds opened new Magna International positions in Q4 2020 and 38 closed out, a net change of +89 holders.
- The largest Magna International buyer in Q4 2020 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $214M added.
- The largest Magna International seller in Q4 2020 was T. Rowe Price Associates, an estimated $300M sold.
Based on aggregated 13F filings for Q4 2020.