Magnite
MGNI
136 hedge funds and large institutions have $253M invested in Magnite in 2016 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 63 increasing their positions, 34 reducing their positions, and 41 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 34
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4.44% less ownership
Funds ownership: 67.34% → 62.9% (-4.4%)
9% less funds holding
Funds holding: 150 → 136 (-14)
34% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 41
43% less capital invested
Capital invested by funds: $446M → $253M (-$193M)
44% less call options, than puts
Call options by funds: $389K | Put options by funds: $690K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$13.3M |
| 2 |
OFM
Okumus Fund Management
Grand Cayman,
Cayman Islands
|
+$11.4M |
| 3 |
Morgan Stanley
New York
|
+$8.33M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.93M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Standard Investments
New York
|
-$43.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$18.7M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$12.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$12.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.9M |
MGNI Hedge Fund Activity: Q3 2016 in Review
136 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q3 2016, worth a combined $253M — down 43% from $446M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of MGNI and 27 opened new positions — a net loss of 14 holders — while 34 trimmed existing stakes and 63 added.
The largest buyer was Numeric Investors, adding an estimated $13.3M. The largest seller was Standard Investments, exiting entirely with an estimated $43.8M sold.
- 136 institutional investors held Magnite (MGNI) as of Q3 2016, down from 150 in Q2 2016.
- Funds reported $253M of Magnite stock for Q3 2016, down 43% quarter-over-quarter.
- 27 funds opened new Magnite positions in Q3 2016 and 41 closed out, a net change of -14 holders.
- The largest Magnite buyer in Q3 2016 was Numeric Investors, an estimated $13.3M added.
- The largest Magnite seller in Q3 2016 was Standard Investments, an estimated $43.8M sold.
Based on aggregated 13F filings for Q3 2016.