Magnite
MGNI
110 hedge funds and large institutions have $199M invested in Magnite in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 32 reducing their positions, and 19 closing their positions.
208% more call options, than puts
Call options by funds: $854K | Put options by funds: $277K
65% more capital invested
Capital invested by funds: $121M → $199M (+$78.3M)
41% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 32
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4% more funds holding
Funds holding: 106 → 110 (+4)
0.54% less ownership
Funds ownership: 63.9% → 63.35% (-0.54%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$3.29M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.86M |
| 3 |
Millennium Management
New York
|
+$2.75M |
| 4 |
Renaissance Technologies
New York
|
+$2.18M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$5.07M |
| 2 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$4.97M |
| 3 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$4.36M |
| 4 |
SC
Sessa Capital
New York
|
-$3.54M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$1.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
126
ACG Wealth
Atlanta,
Georgia
| – | -$60K | -16,150 | Closed |
|
127
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$59K | -15,800 | Closed |
|
|
SCG
128
Saban Capital Group
Los Angeles,
California
| – | -$46K | -12,407 | Closed |
|
|
MAM
129
Meeder Asset Management
Dublin,
Ohio
| – | -$2K | -466 | Closed |
|
MGNI Hedge Fund Activity: Q1 2019 in Review
110 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q1 2019, worth a combined $199M — up 65% from $121M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MGNI positions and 19 closed out — a net gain of 4 holders — while 45 added to existing stakes and 32 trimmed.
The largest buyer was Granahan Investment Management, adding an estimated $3.29M. The largest seller was Caption Management, exiting entirely with an estimated $5.07M sold.
- 110 institutional investors held Magnite (MGNI) as of Q1 2019, up from 106 in Q4 2018.
- Funds reported $199M of Magnite stock for Q1 2019, up 65% quarter-over-quarter.
- 23 funds opened new Magnite positions in Q1 2019 and 19 closed out, a net change of +4 holders.
- The largest Magnite buyer in Q1 2019 was Granahan Investment Management, an estimated $3.29M added.
- The largest Magnite seller in Q1 2019 was Caption Management, an estimated $5.07M sold.
Based on aggregated 13F filings for Q1 2019.