Magna International
425 hedge funds and large institutions have $12.4B invested in Magna International in 2017 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 137 increasing their positions, 155 reducing their positions, and 23 closing their positions.
226% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 23
165% more call options, than puts
Call options by funds: $65.3M | Put options by funds: $24.6M
13% more funds holding
Funds holding: 377 → 425 (+48)
4% more capital invested
Capital invested by funds: $11.9B → $12.4B (+$517M)
0.46% more ownership
Funds ownership: 59.49% → 59.95% (+0.46%)
12% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 155
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$169M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$59.3M |
| 3 |
JP Morgan Chase
New York
|
+$39.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.1M |
| 5 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$33.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$150M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$60.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$49.7M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$42.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$33.7M |
MGA Hedge Fund Activity: Q4 2017 in Review
425 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q4 2017, worth a combined $12.4B — up 4.4% from $11.9B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new MGA positions and 23 closed out — a net gain of 52 holders — while 137 added to existing stakes and 155 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $169M. The largest seller was CIBC Asset Management, cutting an estimated $150M.
- 425 institutional investors held Magna International (MGA) as of Q4 2017, up from 377 in Q3 2017.
- Funds reported $12.4B of Magna International stock for Q4 2017, up 4.4% quarter-over-quarter.
- 75 funds opened new Magna International positions in Q4 2017 and 23 closed out, a net change of +52 holders.
- The largest Magna International buyer in Q4 2017 was T. Rowe Price Associates, an estimated $169M added.
- The largest Magna International seller in Q4 2017 was CIBC Asset Management, an estimated $150M sold.
Based on aggregated 13F filings for Q4 2017.