Magyar Bancorp
MGYR
12 hedge funds and large institutions have $9.12M invested in Magyar Bancorp in 2021 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
10.75% less ownership
Funds ownership: 24.77% → 14.02% (-11%)
14% less funds holding
Funds holding: 14 → 12 (-2)
44% less capital invested
Capital invested by funds: $16.2M → $9.12M (-$7.09M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$359K |
| 2 |
BlackRock
New York
|
+$68.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$365 |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$111 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$7.41M |
| 2 |
RWB
RMR Wealth Builders
Montclair,
New Jersey
|
-$28K |
| 3 |
State Street
Boston,
Massachusetts
|
-$26.8K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$786 |
MGYR Hedge Fund Activity: Q2 2021 in Review
12 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Magyar Bancorp (MGYR) for Q2 2021, worth a combined $9.12M — down 44% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MGYR and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was M3F Inc, adding an estimated $359K. The largest seller was PL Capital Advisors, exiting entirely with an estimated $7.41M sold.
- 12 institutional investors held Magyar Bancorp (MGYR) as of Q2 2021, down from 14 in Q1 2021.
- Funds reported $9.12M of Magyar Bancorp stock for Q2 2021, down 44% quarter-over-quarter.
- 0 funds opened new Magyar Bancorp positions in Q2 2021 and 2 closed out, a net change of -2 holders.
- The largest Magyar Bancorp buyer in Q2 2021 was M3F Inc, an estimated $359K added.
- The largest Magyar Bancorp seller in Q2 2021 was PL Capital Advisors, an estimated $7.41M sold.
Based on aggregated 13F filings for Q2 2021.