Magyar Bancorp
MGYR
21 hedge funds and large institutions have $23.7M invested in Magyar Bancorp in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
11% more funds holding
Funds holding: 19 → 21 (+2)
1.06% more ownership
Funds ownership: 30.96% → 32.02% (+1.1%)
4% more capital invested
Capital invested by funds: $22.9M → $23.7M (+$824K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$618K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$21.6K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10.6K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$63.4K |
| 2 |
Renaissance Technologies
New York
|
-$32.1K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$6.8K |
| 4 |
BlackRock
New York
|
-$4.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$534 |
MGYR Hedge Fund Activity: Q2 2024 in Review
21 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Magyar Bancorp (MGYR) for Q2 2024, worth a combined $23.7M — up 3.6% from $22.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MGYR positions and 1 closed out — a net gain of 2 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $618K. The largest seller was AllianceBernstein, cutting an estimated $63.4K.
- 21 institutional investors held Magyar Bancorp (MGYR) as of Q2 2024, up from 19 in Q1 2024.
- Funds reported $23.7M of Magyar Bancorp stock for Q2 2024, up 3.6% quarter-over-quarter.
- 3 funds opened new Magyar Bancorp positions in Q2 2024 and 1 closed out, a net change of +2 holders.
- The largest Magyar Bancorp buyer in Q2 2024 was Maltese Capital Management, an estimated $618K added.
- The largest Magyar Bancorp seller in Q2 2024 was AllianceBernstein, an estimated $63.4K sold.
Based on aggregated 13F filings for Q2 2024.