Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
77 hedge funds and large institutions have $144M invested in Morgans Hotel Group Co. in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 39 increasing their positions, 16 reducing their positions, and 15 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 16
11% more capital invested
Capital invested by funds: $130M → $144M (+$14.5M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
8% less funds holding
Funds holding: 84 → 77 (-7)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
64% less call options, than puts
Call options by funds: $125K | Put options by funds: $345K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Standard Investments
New York
|
+$9.23M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.39M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$4.13M |
| 4 |
GI
Greenwood Investments
Boston,
Massachusetts
|
+$2.99M |
| 5 |
CC
Centaurus Capital
London,
United Kingdom
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
-$5.25M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.69M |
| 3 |
CGI
Caerus Global Investors
New York
|
-$1.49M |
| 4 |
GI
GLG Inc
New York
|
-$1.25M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$645K |
MHGC Hedge Fund Activity: Q3 2013 in Review
77 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q3 2013, worth a combined $144M — up 11% from $130M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MHGC and 8 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 39 added.
The largest buyer was Standard Investments, adding an estimated $9.23M. The largest seller was Southpoint Capital Advisors, exiting entirely with an estimated $5.25M sold.
- 77 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q3 2013, down from 84 in Q2 2013.
- Funds reported $144M of Morgans Hotel Group Co. stock for Q3 2013, up 11% quarter-over-quarter.
- 8 funds opened new Morgans Hotel Group Co. positions in Q3 2013 and 15 closed out, a net change of -7 holders.
- The largest Morgans Hotel Group Co. buyer in Q3 2013 was Standard Investments, an estimated $9.23M added.
- The largest Morgans Hotel Group Co. seller in Q3 2013 was Southpoint Capital Advisors, an estimated $5.25M sold.
Based on aggregated 13F filings for Q3 2013.