Magnite
MGNI
157 hedge funds and large institutions have $490M invested in Magnite in 2020 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 61 increasing their positions, 30 reducing their positions, and 42 closing their positions.
600% more funds holding in top 10
Funds holding in top 10: 1 → 7 (+6)
458% more call options, than puts
Call options by funds: $7.13M | Put options by funds: $1.28M
103% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 30
102% more capital invested
Capital invested by funds: $243M → $490M (+$247M)
36% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 42
10% more funds holding
Funds holding: 143 → 157 (+14)
11.19% less ownership
Funds ownership: 79.56% → 68.37% (-11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
+$31M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$28.4M |
| 3 |
BlackRock
New York
|
+$22.6M |
| 4 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$19M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$7.39M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.75M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$6.69M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.82M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$4.51M |
MGNI Hedge Fund Activity: Q2 2020 in Review
157 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q2 2020, worth a combined $490M — up 102% from $243M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new MGNI positions and 42 closed out — a net gain of 15 holders — while 61 added to existing stakes and 30 trimmed.
The largest buyer was Nine Ten Capital Management, opening a new position worth an estimated $31M. The largest seller was Geode Capital Management, exiting entirely with an estimated $7.39M sold.
- 157 institutional investors held Magnite (MGNI) as of Q2 2020, up from 143 in Q1 2020.
- Funds reported $490M of Magnite stock for Q2 2020, up 102% quarter-over-quarter.
- 57 funds opened new Magnite positions in Q2 2020 and 42 closed out, a net change of +15 holders.
- The largest Magnite buyer in Q2 2020 was Nine Ten Capital Management, an estimated $31M added.
- The largest Magnite seller in Q2 2020 was Geode Capital Management, an estimated $7.39M sold.
Based on aggregated 13F filings for Q2 2020.