Magnite
MGNI
150 hedge funds and large institutions have $444M invested in Magnite in 2016 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 65 increasing their positions, 30 reducing their positions, and 25 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 30
100% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $565K
72% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 25
11% more funds holding
Funds holding: 135 → 150 (+15)
2.24% more ownership
Funds ownership: 64.88% → 67.12% (+2.2%)
21% less capital invested
Capital invested by funds: $559M → $444M (-$115M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$10.9M |
| 2 |
Millennium Management
New York
|
+$8.71M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.84M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$7.21M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Standard Investments
New York
|
-$19.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.1M |
| 3 |
SC
ShearLink Capital
New York
|
-$10.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.28M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$5.87M |
MGNI Hedge Fund Activity: Q2 2016 in Review
150 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q2 2016, worth a combined $444M — down 21% from $559M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new MGNI positions and 25 closed out — a net gain of 18 holders — while 65 added to existing stakes and 30 trimmed.
The largest buyer was Numeric Investors, opening a new position worth an estimated $10.9M. The largest seller was Standard Investments, cutting an estimated $19.4M.
- 150 institutional investors held Magnite (MGNI) as of Q2 2016, up from 135 in Q1 2016.
- Funds reported $444M of Magnite stock for Q2 2016, down 21% quarter-over-quarter.
- 43 funds opened new Magnite positions in Q2 2016 and 25 closed out, a net change of +18 holders.
- The largest Magnite buyer in Q2 2016 was Numeric Investors, an estimated $10.9M added.
- The largest Magnite seller in Q2 2016 was Standard Investments, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2016.