Magnite
MGNI
224 hedge funds and large institutions have $1.39B invested in Magnite in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 72 increasing their positions, 64 reducing their positions, and 34 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
55% more capital invested
Capital invested by funds: $892M → $1.39B (+$494M)
13% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 64
3.67% more ownership
Funds ownership: 71.36% → 75.03% (+3.7%)
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
0% more funds holding
Funds holding: 223 → 224 (+1)
22% less call options, than puts
Call options by funds: $33.6M | Put options by funds: $42.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$24.6M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$16.7M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$11.1M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
+$8.41M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$17.6M |
| 2 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
-$10.5M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$9.88M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.4M |
| 5 |
Renaissance Technologies
New York
|
-$4.69M |
MGNI Hedge Fund Activity: Q2 2023 in Review
224 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q2 2023, worth a combined $1.39B — up 55% from $892M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MGNI positions and 34 closed out — a net gain of 2 holders — while 72 added to existing stakes and 64 trimmed.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $24.6M. The largest seller was Granahan Investment Management, cutting an estimated $17.6M.
- 224 institutional investors held Magnite (MGNI) as of Q2 2023, up from 223 in Q1 2023.
- Funds reported $1.39B of Magnite stock for Q2 2023, up 55% quarter-over-quarter.
- 36 funds opened new Magnite positions in Q2 2023 and 34 closed out, a net change of +2 holders.
- The largest Magnite buyer in Q2 2023 was Rubric Capital Management (New York), an estimated $24.6M added.
- The largest Magnite seller in Q2 2023 was Granahan Investment Management, an estimated $17.6M sold.
Based on aggregated 13F filings for Q2 2023.