Magnite
MGNI
135 hedge funds and large institutions have $556M invested in Magnite in 2016 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 45 increasing their positions, 44 reducing their positions, and 15 closing their positions.
153% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 15
91% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $891K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more capital invested
Capital invested by funds: $456M → $556M (+$100M)
21% more funds holding
Funds holding: 112 → 135 (+23)
1.71% more ownership
Funds ownership: 63.16% → 64.88% (+1.7%)
2% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$29.5M |
| 2 |
SI
Standard Investments
New York
|
+$9.69M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$7.45M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$4.92M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$15.3M |
| 2 |
TA
Teachers Advisors
New York
|
-$4.73M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$4.22M |
| 4 |
FPCM
Fox Point Capital Management
New York
|
-$4.11M |
| 5 |
Renaissance Technologies
New York
|
-$3.38M |
MGNI Hedge Fund Activity: Q1 2016 in Review
135 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q1 2016, worth a combined $556M — up 22% from $456M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MGNI positions and 15 closed out — a net gain of 23 holders — while 45 added to existing stakes and 44 trimmed.
The largest buyer was Primecap Management, adding an estimated $29.5M. The largest seller was Bank of Montreal, cutting an estimated $15.3M.
- 135 institutional investors held Magnite (MGNI) as of Q1 2016, up from 112 in Q4 2015.
- Funds reported $556M of Magnite stock for Q1 2016, up 22% quarter-over-quarter.
- 38 funds opened new Magnite positions in Q1 2016 and 15 closed out, a net change of +23 holders.
- The largest Magnite buyer in Q1 2016 was Primecap Management, an estimated $29.5M added.
- The largest Magnite seller in Q1 2016 was Bank of Montreal, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2016.