Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
71 hedge funds and large institutions have $54.3M invested in Morgans Hotel Group Co. in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
9% less funds holding
Funds holding: 78 → 71 (-7)
11% less capital invested
Capital invested by funds: $61M → $54.3M (-$6.76M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$611K |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$517K |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$220K |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$219K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$193K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$323K | -97,157 | Closed |
|
|
AA
77
Ancora Advisors
Cleveland,
Ohio
| – | -$210K | -63,144 | Closed |
|
78
SEI Investments
Oaks,
Pennsylvania
| – | -$168K | -50,706 | Closed |
|
|
PAM
79
Paradigm Asset Management
New York
| – | -$162K | -48,700 | Closed |
|
|
KPF
80
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$130K | -39,052 | Closed |
|
|
CG
81
Clinton Group
New York
| – | -$83K | -24,999 | Closed |
|
|
TFA
82
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$2K | -500 | Closed |
|
|
FMA
83
FNY Managed Accounts
New York
| – | -$332 | -100 | Closed |
|
MHGC Hedge Fund Activity: Q4 2015 in Review
71 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q4 2015, worth a combined $54.3M — down 11% from $61M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MHGC and 8 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 20 added.
The largest buyer was Millennium Management, adding an estimated $611K. The largest seller was Seven Locks Capital Management, exiting entirely with an estimated $2.76M sold.
- 71 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q4 2015, down from 78 in Q3 2015.
- Funds reported $54.3M of Morgans Hotel Group Co. stock for Q4 2015, down 11% quarter-over-quarter.
- 8 funds opened new Morgans Hotel Group Co. positions in Q4 2015 and 13 closed out, a net change of -5 holders.
- The largest Morgans Hotel Group Co. buyer in Q4 2015 was Millennium Management, an estimated $611K added.
- The largest Morgans Hotel Group Co. seller in Q4 2015 was Seven Locks Capital Management, an estimated $2.76M sold.
Based on aggregated 13F filings for Q4 2015.