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Magnite

223 hedge funds and large institutions have $892M invested in Magnite in 2023 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 72 increasing their positions, 67 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.41% more ownership

Funds ownership: 69.95%71.36% (+1.4%)

7% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 67

3% less funds holding

Funds holding: 231223 (-8)

8% less capital invested

Capital invested by funds: $969M → $892M (-$76.6M)

18% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 45

44% less call options, than puts

Call options by funds: $20M | Put options by funds: $35.8M

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
223
Holders Change
-8
Holders Change %
-3.46%
% of All Funds
3.55%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
37
Increased
72
Reduced
67
Closed
45
Calls
$20M
Puts
$35.8M
Net Calls
-$15.7M
Net Calls Change
+$10.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$115M +$302K +28,372 +0.2%
GIM
2
Granahan Investment Management
Massachusetts
$84.6M -$14.1M -1,320,835 -13%
BlackRock
3
BlackRock
New York
$82M +$56.2K +5,272 +0.1%
EC
4
Edenbrook Capital
New York
$63.8M
Fidelity Investments
5
Fidelity Investments
Massachusetts
$63M +$7.2M +675,387 +11%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$39.1M +$25.6M +2,403,904 +132%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$35.3M +$3.5M +328,202 +9%
State Street
8
State Street
Massachusetts
$25.3M +$526K +49,408 +2%
FCM
9
Frontier Capital Management
Massachusetts
$24.8M +$11.6M +1,090,309 +69%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$22.8M +$1.02M +95,577 +4%
N
11
Nuveen
North Carolina
$21.5M -$7.93M -744,399 -24%
Victory Capital Management
12
Victory Capital Management
Texas
$16M +$4.96M +465,681 +37%
KCM
13
Kennedy Capital Management
Missouri
$15M -$13.3K -1,245 -0.1%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$14.9M +$1.29M +120,697 +8%
RA
15
Royce & Associates
New York
$14.2M +$1.96M +183,491 +14%
Northern Trust
16
Northern Trust
Illinois
$11.4M +$89.4K +8,395 +0.7%
Parallax Volatility Advisers
17
Parallax Volatility Advisers
California
$10.9M -$3.87M -363,474 -24%
Norges Bank
18
Norges Bank
Norway
$10.2M -$921K -86,402 -7%
Nordea Investment Management
19
Nordea Investment Management
Sweden
$9.58M +$8.07M +756,961 +262%
Charles Schwab
20
Charles Schwab
California
$8.4M +$11.6K +1,089 +0.1%
KAM
21
Kopion Asset Management
Texas
$8.02M +$854K +80,134 +10%
Citadel Advisors
22
Citadel Advisors
Florida
$8.01M +$2.4M +225,010 +35%
PCM
23
Penn Capital Management
Pennsylvania
$7.6M +$8.54M +801,889 +4,993%
WJWM
24
Williams Jones Wealth Management
New York
$7.59M +$888K +83,371 +11%
Goldman Sachs
25
Goldman Sachs
New York
$6.93M +$240K +22,522 +3%

MGNI Hedge Fund Activity: Q1 2023 in Review

223 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Magnite (MGNI) for Q1 2023, worth a combined $892M — down 7.9% from $969M a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of MGNI and 37 opened new positions — a net loss of 8 holders — while 67 trimmed existing stakes and 72 added.

The largest buyer was Dimensional Fund Advisors, adding an estimated $25.6M. The largest seller was Nine Ten Capital Management, exiting entirely with an estimated $14.3M sold.

  • 223 institutional investors held Magnite (MGNI) as of Q1 2023, down from 231 in Q4 2022.
  • Funds reported $892M of Magnite stock for Q1 2023, down 7.9% quarter-over-quarter.
  • 37 funds opened new Magnite positions in Q1 2023 and 45 closed out, a net change of -8 holders.
  • The largest Magnite buyer in Q1 2023 was Dimensional Fund Advisors, an estimated $25.6M added.
  • The largest Magnite seller in Q1 2023 was Nine Ten Capital Management, an estimated $14.3M sold.

Based on aggregated 13F filings for Q1 2023.