Magnite
MGNI
143 hedge funds and large institutions have $243M invested in Magnite in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 54 increasing their positions, 47 reducing their positions, and 28 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 47
9.96% more ownership
Funds ownership: 69.6% → 79.56% (+10%)
4% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 28
1% less funds holding
Funds holding: 145 → 143 (-2)
21% less capital invested
Capital invested by funds: $306M → $243M (-$63.1M)
25% less call options, than puts
Call options by funds: $3.73M | Put options by funds: $4.95M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$20.2M |
| 2 |
GIP
General Industrial Partners
London,
United Kingdom
|
+$13.8M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$10M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.99M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$7M |
| 2 |
CPA
Cowen Prime Advisors
New York
|
-$6.25M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.53M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.5M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$5.04M |
MGNI Hedge Fund Activity: Q1 2020 in Review
143 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q1 2020, worth a combined $243M — down 21% from $306M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new MGNI positions and 28 closed out — a net gain of 1 holder — while 54 added to existing stakes and 47 trimmed.
The largest buyer was Granahan Investment Management, adding an estimated $20.2M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $7M sold.
- 143 institutional investors held Magnite (MGNI) as of Q1 2020, down from 145 in Q4 2019.
- Funds reported $243M of Magnite stock for Q1 2020, down 21% quarter-over-quarter.
- 29 funds opened new Magnite positions in Q1 2020 and 28 closed out, a net change of +1 holder.
- The largest Magnite buyer in Q1 2020 was Granahan Investment Management, an estimated $20.2M added.
- The largest Magnite seller in Q1 2020 was Renaissance Technologies, an estimated $7M sold.
Based on aggregated 13F filings for Q1 2020.