Magnite
MGNI
280 hedge funds and large institutions have $1.65B invested in Magnite in 2024 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 106 increasing their positions, 78 reducing their positions, and 30 closing their positions.
47% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 30
36% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 78
19% more capital invested
Capital invested by funds: $1.39B → $1.65B (+$268M)
10.2% more ownership
Funds ownership: 74.51% → 84.71% (+10%)
4% more funds holding
Funds holding: 269 → 280 (+11)
6% more call options, than puts
Call options by funds: $51.1M | Put options by funds: $48.2M
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$49.9M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$36.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$28.4M |
| 4 |
Nomura Asset Management
Tokyo,
Japan
|
+$23.5M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.7M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$16.8M |
| 3 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
-$15M |
| 4 |
Bank of New York Mellon
New York
|
-$5.97M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$5.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$93K | -7,321 | Closed |
|
|
BWP
302
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$53.2K | -4,000 | Closed |
|
|
ADL
303
Asset Dedication LLC
San Francisco,
California
| – | -$52.5K | -3,950 | Closed |
|
|
SP
304
SWS Partners
Columbus,
Ohio
| – | -$7.72K | -581 | Closed |
|
|
IAIM
305
International Assets Investment Management
Orlando,
Florida
| – | -$2.66K | -200 | Closed |
|
|
NC
306
nVerses Capital
Wellington,
Florida
| – | -$2.66K | -200 | Closed |
|
|
RA
307
Rise Advisors
Rochester,
New York
| – | -$1.99K | -150 | Closed |
|
|
MG
308
Mather Group
Chicago,
Illinois
| – | -$1.24K | -115 | Closed |
|
|
BEI
309
Benjamin Edwards Inc
Clayton,
Missouri
| – | -$1K | -54 | Closed |
|
|
IC
310
Innealta Capital
Austin,
Texas
| – | -$53 | -4 | Closed |
|
MGNI Hedge Fund Activity: Q3 2024 in Review
280 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q3 2024, worth a combined $1.65B — up 19% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new MGNI positions and 30 closed out — a net gain of 14 holders — while 106 added to existing stakes and 78 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $49.9M. The largest seller was Fidelity Investments, cutting an estimated $23.7M.
- 280 institutional investors held Magnite (MGNI) as of Q3 2024, up from 269 in Q2 2024.
- Funds reported $1.65B of Magnite stock for Q3 2024, up 19% quarter-over-quarter.
- 44 funds opened new Magnite positions in Q3 2024 and 30 closed out, a net change of +14 holders.
- The largest Magnite buyer in Q3 2024 was Wellington Management Group, an estimated $49.9M added.
- The largest Magnite seller in Q3 2024 was Fidelity Investments, an estimated $23.7M sold.
Based on aggregated 13F filings for Q3 2024.