Magnite
MGNI
174 hedge funds and large institutions have $578M invested in Magnite in 2020 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 53 increasing their positions, 41 reducing their positions, and 30 closing their positions.
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
60% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 30
29% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 41
18% more capital invested
Capital invested by funds: $490M → $578M (+$87.7M)
12% more call options, than puts
Call options by funds: $9.02M | Put options by funds: $8.02M
11% more funds holding
Funds holding: 157 → 174 (+17)
7.1% more ownership
Funds ownership: 68.37% → 75.47% (+7.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$14.5M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$12M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$10.4M |
| 4 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$10.4M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$9.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$18.1M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.15M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.86M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.61M |
| 5 |
Goldman Sachs
New York
|
-$5.19M |
MGNI Hedge Fund Activity: Q3 2020 in Review
174 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q3 2020, worth a combined $578M — up 18% from $490M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new MGNI positions and 30 closed out — a net gain of 18 holders — while 53 added to existing stakes and 41 trimmed.
The largest buyer was Granahan Investment Management, adding an estimated $14.5M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $18.1M sold.
- 174 institutional investors held Magnite (MGNI) as of Q3 2020, up from 157 in Q2 2020.
- Funds reported $578M of Magnite stock for Q3 2020, up 18% quarter-over-quarter.
- 48 funds opened new Magnite positions in Q3 2020 and 30 closed out, a net change of +18 holders.
- The largest Magnite buyer in Q3 2020 was Granahan Investment Management, an estimated $14.5M added.
- The largest Magnite seller in Q3 2020 was Driehaus Capital Management, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2020.