Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
80 hedge funds and large institutions have $170M invested in Morgans Hotel Group Co. in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 12 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
18% more capital invested
Capital invested by funds: $144M → $170M (+$25.5M)
4% more funds holding
Funds holding: 77 → 80 (+3)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
73% less call options, than puts
Call options by funds: $114K | Put options by funds: $416K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.02M |
| 2 |
HA
Havens Advisors
New York
|
+$2.97M |
| 3 |
SG Americas Securities
New York
|
+$2.54M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.35M |
| 5 |
GI
Greenwood Investments
Boston,
Massachusetts
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
LionEye Capital Management
New York
|
-$1.94M |
| 2 |
CC
Centaurus Capital
London,
United Kingdom
|
-$1.78M |
| 3 |
RP
Raiff Partners
New York
|
-$1.42M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.01M |
| 5 |
First Eagle Investment Management
New York
|
-$940K |
MHGC Hedge Fund Activity: Q4 2013 in Review
80 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q4 2013, worth a combined $170M — up 18% from $144M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MHGC positions and 12 closed out — a net gain of 3 holders — while 31 added to existing stakes and 22 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $3.02M. The largest seller was LionEye Capital Management, exiting entirely with an estimated $1.94M sold.
- 80 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q4 2013, up from 77 in Q3 2013.
- Funds reported $170M of Morgans Hotel Group Co. stock for Q4 2013, up 18% quarter-over-quarter.
- 15 funds opened new Morgans Hotel Group Co. positions in Q4 2013 and 12 closed out, a net change of +3 holders.
- The largest Morgans Hotel Group Co. buyer in Q4 2013 was JP Morgan Chase, an estimated $3.02M added.
- The largest Morgans Hotel Group Co. seller in Q4 2013 was LionEye Capital Management, an estimated $1.94M sold.
Based on aggregated 13F filings for Q4 2013.