Magnite
MGNI
139 hedge funds and large institutions have $227M invested in Magnite in 2016 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 54 increasing their positions, 43 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
26% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 43
2% more funds holding
Funds holding: 136 → 139 (+3)
0.41% less ownership
Funds ownership: 62.9% → 62.49% (-0.41%)
10% less capital invested
Capital invested by funds: $253M → $227M (-$25.2M)
20% less call options, than puts
Call options by funds: $151K | Put options by funds: $188K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$2.01M |
| 2 |
SC
Sessa Capital
New York
|
+$1.95M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.94M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.66M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
AMI Asset Management
Los Angeles,
California
|
-$8.3M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$5.99M |
| 3 |
Primecap Management
Pasadena,
California
|
-$3.91M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.21M |
| 5 |
Renaissance Technologies
New York
|
-$1.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIM
151
Needham Investment Management
New York
| – | -$124K | -15,000 | Closed |
|
152
Verition Fund Management
Greenwich,
Connecticut
| – | -$113K | -13,670 | Closed |
|
|
BPB
153
Badgley, Phelps & Bell
Seattle,
Washington
| – | -$99K | -11,900 | Closed |
|
|
FRM
154
Fox Run Management
Greenwich,
Connecticut
| – | -$86K | -10,400 | Closed |
|
155
Group One Trading
Chicago,
Illinois
| – | -$78.3K | -10,051 | -99% |
|
156
US Bancorp
Minneapolis,
Minnesota
| – | -$15K | -1,809 | Closed |
|
157
Bessemer Group
Woodbridge,
New Jersey
| – | -$14K | -1,636 | Closed |
|
|
ADL
158
Asset Dedication LLC
San Francisco,
California
| – | -$4K | -500 | Closed |
|
MGNI Hedge Fund Activity: Q4 2016 in Review
139 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q4 2016, worth a combined $227M — down 10% from $253M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MGNI positions and 19 closed out — a net gain of 6 holders — while 54 added to existing stakes and 43 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $2.01M. The largest seller was AMI Asset Management, exiting entirely with an estimated $8.3M sold.
- 139 institutional investors held Magnite (MGNI) as of Q4 2016, up from 136 in Q3 2016.
- Funds reported $227M of Magnite stock for Q4 2016, down 10% quarter-over-quarter.
- 25 funds opened new Magnite positions in Q4 2016 and 19 closed out, a net change of +6 holders.
- The largest Magnite buyer in Q4 2016 was Boston Partners, an estimated $2.01M added.
- The largest Magnite seller in Q4 2016 was AMI Asset Management, an estimated $8.3M sold.
Based on aggregated 13F filings for Q4 2016.