Magellan Health Services, Inc.
MGLN
MGLN was delisted on the 3rd of January, 2022.
187 hedge funds and large institutions have $1.84B invested in Magellan Health Services, Inc. in 2020 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 69 increasing their positions, 72 reducing their positions, and 14 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
89% more call options, than puts
Call options by funds: $2.91M | Put options by funds: $1.54M
44% more capital invested
Capital invested by funds: $1.28B → $1.84B (+$560M)
11% more funds holding
Funds holding: 168 → 187 (+19)
4% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$32.4M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$26.2M |
| 3 |
EC
Engaged Capital
Newport Beach,
California
|
+$12.6M |
| 4 |
BlackRock
New York
|
+$9M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$85M |
| 2 |
JP Morgan Chase
New York
|
-$42M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$11.6M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$11M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$9M |
MGLN Hedge Fund Activity: Q2 2020 in Review
187 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Magellan Health Services, Inc. (MGLN) for Q2 2020, worth a combined $1.84B — up 44% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new MGLN positions and 14 closed out — a net gain of 20 holders — while 69 added to existing stakes and 72 trimmed.
The largest buyer was Point72 Asset Management, adding an estimated $32.4M. The largest seller was Victory Capital Management, cutting an estimated $85M.
- 187 institutional investors held Magellan Health Services, Inc. (MGLN) as of Q2 2020, up from 168 in Q1 2020.
- Funds reported $1.84B of Magellan Health Services, Inc. stock for Q2 2020, up 44% quarter-over-quarter.
- 34 funds opened new Magellan Health Services, Inc. positions in Q2 2020 and 14 closed out, a net change of +20 holders.
- The largest Magellan Health Services, Inc. buyer in Q2 2020 was Point72 Asset Management, an estimated $32.4M added.
- The largest Magellan Health Services, Inc. seller in Q2 2020 was Victory Capital Management, an estimated $85M sold.
Based on aggregated 13F filings for Q2 2020.