Magnolia Oil & Gas
322 hedge funds and large institutions have $5.78B invested in Magnolia Oil & Gas in 2024 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 117 increasing their positions, 103 reducing their positions, and 38 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
71% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 38
38% more capital invested
Capital invested by funds: $4.2B → $5.78B (+$1.58B)
35% more call options, than puts
Call options by funds: $8.25M | Put options by funds: $6.11M
15.69% more ownership
Funds ownership: 106.35% → 122.04% (+16%)
14% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 103
8% more funds holding
Funds holding: 297 → 322 (+25)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$265M |
| 2 |
State Street
Boston,
Massachusetts
|
+$72.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$64.8M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$46.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$40.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.3M |
| 3 |
ACG
Aventail Capital Group
New York
|
-$18.4M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$15.6M |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$15.5M |
MGY Hedge Fund Activity: Q1 2024 in Review
322 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Magnolia Oil & Gas (MGY) for Q1 2024, worth a combined $5.78B — up 38% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new MGY positions and 38 closed out — a net gain of 27 holders — while 117 added to existing stakes and 103 trimmed.
The largest buyer was BlackRock, adding an estimated $265M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $40.4M.
- 322 institutional investors held Magnolia Oil & Gas (MGY) as of Q1 2024, up from 297 in Q4 2023.
- Funds reported $5.78B of Magnolia Oil & Gas stock for Q1 2024, up 38% quarter-over-quarter.
- 65 funds opened new Magnolia Oil & Gas positions in Q1 2024 and 38 closed out, a net change of +27 holders.
- The largest Magnolia Oil & Gas buyer in Q1 2024 was BlackRock, an estimated $265M added.
- The largest Magnolia Oil & Gas seller in Q1 2024 was Cardinal Capital Management LLC (Connecticut), an estimated $40.4M sold.
Based on aggregated 13F filings for Q1 2024.