Magnite
MGNI
107 hedge funds and large institutions have $220M invested in Magnite in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 34 increasing their positions, 37 reducing their positions, and 31 closing their positions.
11% more capital invested
Capital invested by funds: $199M → $220M (+$21M)
3.55% more ownership
Funds ownership: 63.35% → 66.91% (+3.6%)
9% more call options, than puts
Call options by funds: $383K | Put options by funds: $352K
8% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 37
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
3% less funds holding
Funds holding: 110 → 107 (-3)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.67M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.67M |
| 4 |
CPA
Cowen Prime Advisors
New York
|
+$4.52M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$5.38M |
| 2 |
D.E. Shaw & Co
New York
|
-$5.05M |
| 3 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$4.71M |
| 4 |
Millennium Management
New York
|
-$3.62M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.92M |
MGNI Hedge Fund Activity: Q2 2019 in Review
107 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q2 2019, worth a combined $220M — up 11% from $199M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MGNI and 28 opened new positions — a net loss of 3 holders — while 37 trimmed existing stakes and 34 added.
The largest buyer was BlackRock, adding an estimated $13.1M. The largest seller was B. Riley Financial, cutting an estimated $5.38M.
- 107 institutional investors held Magnite (MGNI) as of Q2 2019, down from 110 in Q1 2019.
- Funds reported $220M of Magnite stock for Q2 2019, up 11% quarter-over-quarter.
- 28 funds opened new Magnite positions in Q2 2019 and 31 closed out, a net change of -3 holders.
- The largest Magnite buyer in Q2 2019 was BlackRock, an estimated $13.1M added.
- The largest Magnite seller in Q2 2019 was B. Riley Financial, an estimated $5.38M sold.
Based on aggregated 13F filings for Q2 2019.