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Magna International

513 hedge funds and large institutions have $17B invested in Magna International in 2021 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 175 increasing their positions, 183 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more call options, than puts

Call options by funds: $138M | Put options by funds: $54M

67% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 43

4% more funds holding

Funds holding: 491513 (+22)

5% more capital invested

Capital invested by funds: $16.3B → $17B (+$758M)

0.21% more ownership

Funds ownership: 60.79%61% (+0.21%)

4% less repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 183

5% less funds holding in top 10

Funds holding in top 10: 2120 (-1)

Holders
513
Holders Change
+22
Holders Change %
+4.48%
% of All Funds
8.93%
Holding in Top 10
20
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.76%
% of All Funds
0.35%
New
72
Increased
175
Reduced
183
Closed
43
Calls
$138M
Puts
$54M
Net Calls
+$83.9M
Net Calls Change
+$64.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.13B -$18.9M -198,529 -2%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$1.08B -$171M -1,794,674 -13%
Vanguard Group
3
Vanguard Group
Pennsylvania
$793M +$15.7M +164,364 +2%
JFL
4
Jarislowsky, Fraser Ltd
Quebec, Canada
$777M -$2.38M -24,927 -0.3%
Hotchkis & Wiley Capital Management
5
Hotchkis & Wiley Capital Management
California
$637M -$98.1M -1,029,351 -13%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$583M -$102M -1,071,208 -15%
TD Asset Management
7
TD Asset Management
Ontario, Canada
$569M +$7.02M +73,702 +1%
Bank of America
8
Bank of America
North Carolina
$525M +$433M +4,539,771 +403%
BGC
9
Beutel, Goodman & Co
Ontario, Canada
$470M -$25.6M -268,765 -5%
PG
10
Pendal Group
Australia
$443M +$347M +3,637,971 +316%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$416M +$59.4M +622,798 +16%
Manulife (Manufacturers Life Insurance)
12
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$394M -$5.78M -60,678 -2%
Norges Bank
13
Norges Bank
Norway
$337M -$7.69M -80,659 -2%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$311M +$646K +6,775 +0.2%
AllianceBernstein
15
AllianceBernstein
Tennessee
$298M -$34M -356,523 -10%
JP Morgan Chase
16
JP Morgan Chase
New York
$292M -$14.8M -155,215 -5%
Principal Financial Group
17
Principal Financial Group
Iowa
$280M -$35.3M -370,165 -11%
Bank of Nova Scotia
18
Bank of Nova Scotia
Ontario, Canada
$266M +$4.31M +45,193 +2%
CIBC World Market
19
CIBC World Market
Ontario, Canada
$255M -$1.92M -20,133 -0.7%
Caisse de Depot et Placement du Quebec (CDPQ)
20
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$222M -$197M -2,064,400 -46%
Invesco
21
Invesco
Georgia
$219M +$20.1M +211,383 +10%
LBA
22
Letko, Brosseau & Associates
Quebec, Canada
$217M -$18.7M -196,317 -8%
Fidelity International
23
Fidelity International
Bermuda
$181M -$39.1M -410,275 -17%
AACR
24
ACR Alpine Capital Research
Missouri
$172M -$5.37M -56,344 -3%
Legal & General Group
25
Legal & General Group
United Kingdom
$166M +$5.81M +60,909 +4%

MGA Hedge Fund Activity: Q2 2021 in Review

513 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2021, worth a combined $17B — up 4.7% from $16.3B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new MGA positions and 43 closed out — a net gain of 29 holders — while 175 added to existing stakes and 183 trimmed.

The largest buyer was Bank of America, adding an estimated $433M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $197M.

  • 513 institutional investors held Magna International (MGA) as of Q2 2021, up from 491 in Q1 2021.
  • Funds reported $17B of Magna International stock for Q2 2021, up 4.7% quarter-over-quarter.
  • 72 funds opened new Magna International positions in Q2 2021 and 43 closed out, a net change of +29 holders.
  • The largest Magna International buyer in Q2 2021 was Bank of America, an estimated $433M added.
  • The largest Magna International seller in Q2 2021 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $197M sold.

Based on aggregated 13F filings for Q2 2021.