Magna International
365 hedge funds and large institutions have $10.2B invested in Magna International in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 122 increasing their positions, 158 reducing their positions, and 43 closing their positions.
78% more funds holding in top 10
Funds holding in top 10: 9 → 16 (+7)
28% more call options, than puts
Call options by funds: $46.4M | Put options by funds: $36.2M
22% more capital invested
Capital invested by funds: $8.33B → $10.2B (+$1.85B)
0.93% more ownership
Funds ownership: 59.03% → 59.96% (+0.93%)
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
2% less funds holding
Funds holding: 372 → 365 (-7)
23% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 158
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$185M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$101M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$88.7M |
| 4 |
RP
RR Partners
New York
|
+$86.6M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$128M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$58M |
| 3 |
Morgan Stanley
New York
|
-$46.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$41.3M |
| 5 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$36.1M |
MGA Hedge Fund Activity: Q3 2016 in Review
365 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q3 2016, worth a combined $10.2B — up 22% from $8.33B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MGA and 41 opened new positions — a net loss of 2 holders — while 158 trimmed existing stakes and 122 added.
The largest buyer was CIBC World Market, adding an estimated $185M. The largest seller was Bank of Montreal, cutting an estimated $128M.
- 365 institutional investors held Magna International (MGA) as of Q3 2016, down from 372 in Q2 2016.
- Funds reported $10.2B of Magna International stock for Q3 2016, up 22% quarter-over-quarter.
- 41 funds opened new Magna International positions in Q3 2016 and 43 closed out, a net change of -2 holders.
- The largest Magna International buyer in Q3 2016 was CIBC World Market, an estimated $185M added.
- The largest Magna International seller in Q3 2016 was Bank of Montreal, an estimated $128M sold.
Based on aggregated 13F filings for Q3 2016.