Magna International
382 hedge funds and large institutions have $10.4B invested in Magna International in 2016 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 128 increasing their positions, 160 reducing their positions, and 31 closing their positions.
68% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 31
5% more funds holding
Funds holding: 365 → 382 (+17)
8% more call options, than puts
Call options by funds: $37.8M | Put options by funds: $34.8M
2% more capital invested
Capital invested by funds: $10.2B → $10.4B (+$198M)
0.99% more ownership
Funds ownership: 59.96% → 60.95% (+0.99%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
20% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 160
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$128M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$74.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$69.5M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$65.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$63.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$98.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$74.6M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$60.7M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$54.1M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$47.7M |
MGA Hedge Fund Activity: Q4 2016 in Review
382 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2016, worth a combined $10.4B — up 1.9% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new MGA positions and 31 closed out — a net gain of 21 holders — while 128 added to existing stakes and 160 trimmed.
The largest buyer was Skandinaviska Enskilda Banken (SEB), opening a new position worth an estimated $128M. The largest seller was Toronto Dominion Bank, cutting an estimated $98.7M.
- 382 institutional investors held Magna International (MGA) as of Q4 2016, up from 365 in Q3 2016.
- Funds reported $10.4B of Magna International stock for Q4 2016, up 1.9% quarter-over-quarter.
- 52 funds opened new Magna International positions in Q4 2016 and 31 closed out, a net change of +21 holders.
- The largest Magna International buyer in Q4 2016 was Skandinaviska Enskilda Banken (SEB), an estimated $128M added.
- The largest Magna International seller in Q4 2016 was Toronto Dominion Bank, an estimated $98.7M sold.
Based on aggregated 13F filings for Q4 2016.