Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
85 hedge funds and large institutions have $162M invested in Morgans Hotel Group Co. in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
5% more funds holding
Funds holding: 81 → 85 (+4)
3% less capital invested
Capital invested by funds: $167M → $162M (-$5.81M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
84% less call options, than puts
Call options by funds: $16K | Put options by funds: $99K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$3.03M |
| 2 |
First Eagle Investment Management
New York
|
+$1.14M |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$650K |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$451K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$2.76M |
| 2 |
Millennium Management
New York
|
-$2.13M |
| 3 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$1.12M |
| 4 |
Renaissance Technologies
New York
|
-$875K |
| 5 |
Citigroup
New York
|
-$720K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
76
Fred Alger Management
New York
| $12K | – | – | – |
|
77
Invesco
Atlanta,
Georgia
| $11K | – | – | – |
|
78
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | – | – | – |
|
79
BlackRock
New York
| $9K | -$248 | -32 | -3% |
|
80
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | +$5.51K | +710 | New |
|
|
TFA
81
Transamerica Financial Advisors
St. Petersburg,
Florida
| $4K | – | – | – |
|
82
Dimensional Fund Advisors
Austin,
Texas
| $2K | – | – | – |
|
83
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | -$90K | -11,602 | -99% |
|
|
GSC
84
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | +$869 | +112 | New |
|
|
MC
85
Menta Capital
San Francisco,
California
| – | -$165K | -20,465 | Closed |
|
|
ARTA
86
A.R.T. Advisors
New York
| – | -$119K | -14,893 | Closed |
|
|
PP
87
PDT Partners
New York
| – | -$96K | -11,900 | Closed |
|
88
Group One Trading
Chicago,
Illinois
| – | -$25.6K | -3,304 | -98% |
|
|
TRCT
89
Tower Research Capital (TRC)
New York
| – | -$21K | -2,638 | Closed |
|
MHGC Hedge Fund Activity: Q2 2014 in Review
85 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q2 2014, worth a combined $162M — down 3.5% from $167M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MHGC positions and 4 closed out — a net gain of 4 holders — while 32 added to existing stakes and 28 trimmed.
The largest buyer was Pine River Capital Management, adding an estimated $3.03M. The largest seller was Kerrisdale Advisers, cutting an estimated $2.76M.
- 85 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q2 2014, up from 81 in Q1 2014.
- Funds reported $162M of Morgans Hotel Group Co. stock for Q2 2014, down 3.5% quarter-over-quarter.
- 8 funds opened new Morgans Hotel Group Co. positions in Q2 2014 and 4 closed out, a net change of +4 holders.
- The largest Morgans Hotel Group Co. buyer in Q2 2014 was Pine River Capital Management, an estimated $3.03M added.
- The largest Morgans Hotel Group Co. seller in Q2 2014 was Kerrisdale Advisers, an estimated $2.76M sold.
Based on aggregated 13F filings for Q2 2014.