Magnite
MGNI
269 hedge funds and large institutions have $1.39B invested in Magnite in 2024 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 104 increasing their positions, 64 reducing their positions, and 30 closing their positions.
133% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 30
63% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 64
26% more capital invested
Capital invested by funds: $1.1B → $1.39B (+$289M)
16% more funds holding
Funds holding: 231 → 269 (+38)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
1.53% more ownership
Funds ownership: 72.98% → 74.51% (+1.5%)
5% more call options, than puts
Call options by funds: $38.5M | Put options by funds: $36.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$23M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$9.71M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$9.23M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.17M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$26.4M |
| 2 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$22.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.4M |
| 4 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
-$13.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$7M |
MGNI Hedge Fund Activity: Q2 2024 in Review
269 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q2 2024, worth a combined $1.39B — up 26% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new MGNI positions and 30 closed out — a net gain of 40 holders — while 104 added to existing stakes and 64 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $23M. The largest seller was Burgundy Asset Management, exiting entirely with an estimated $26.4M sold.
- 269 institutional investors held Magnite (MGNI) as of Q2 2024, up from 231 in Q1 2024.
- Funds reported $1.39B of Magnite stock for Q2 2024, up 26% quarter-over-quarter.
- 70 funds opened new Magnite positions in Q2 2024 and 30 closed out, a net change of +40 holders.
- The largest Magnite buyer in Q2 2024 was Boston Partners, an estimated $23M added.
- The largest Magnite seller in Q2 2024 was Burgundy Asset Management, an estimated $26.4M sold.
Based on aggregated 13F filings for Q2 2024.