Magna International
439 hedge funds and large institutions have $9.7B invested in Magna International in 2022 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 144 increasing their positions, 160 reducing their positions, and 61 closing their positions.
99% more call options, than puts
Call options by funds: $113M | Put options by funds: $56.6M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
0.46% more ownership
Funds ownership: 59.48% → 59.94% (+0.46%)
4% less funds holding
Funds holding: 458 → 439 (-19)
10% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 160
15% less capital invested
Capital invested by funds: $11.4B → $9.7B (-$1.7B)
20% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$134M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$68.3M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$68M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$45.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$104M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$97.6M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$46M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$39.8M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$35.6M |
MGA Hedge Fund Activity: Q2 2022 in Review
439 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Magna International (MGA) for Q2 2022, worth a combined $9.7B — down 15% from $11.4B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of MGA and 49 opened new positions — a net loss of 12 holders — while 160 trimmed existing stakes and 144 added.
The largest buyer was Bank of America, adding an estimated $134M. The largest seller was T. Rowe Price Associates, cutting an estimated $104M.
- 439 institutional investors held Magna International (MGA) as of Q2 2022, down from 458 in Q1 2022.
- Funds reported $9.7B of Magna International stock for Q2 2022, down 15% quarter-over-quarter.
- 49 funds opened new Magna International positions in Q2 2022 and 61 closed out, a net change of -12 holders.
- The largest Magna International buyer in Q2 2022 was Bank of America, an estimated $134M added.
- The largest Magna International seller in Q2 2022 was T. Rowe Price Associates, an estimated $104M sold.
Based on aggregated 13F filings for Q2 2022.