Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
83 hedge funds and large institutions have $126M invested in Morgans Hotel Group Co. in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
2% more funds holding
Funds holding: 81 → 83 (+2)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
16% less capital invested
Capital invested by funds: $149M → $126M (-$23.2M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$1.21M |
| 2 |
PCM
Pyrrho Capital Management
New York
|
+$907K |
| 3 |
LCM
LG Capital Management
Owings Mills,
Maryland
|
+$881K |
| 4 |
Renaissance Technologies
New York
|
+$429K |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$363K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BBT Capital Management
Fort Worth,
Texas
|
-$2.56M |
| 2 |
SLCM
Seven Locks Capital Management
New York
|
-$2.48M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
-$969K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$799K |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$698K |
MHGC Hedge Fund Activity: Q2 2015 in Review
83 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q2 2015, worth a combined $126M — down 16% from $149M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MHGC positions and 8 closed out — a net gain of 2 holders — while 28 added to existing stakes and 28 trimmed.
The largest buyer was Eidelman Virant Capital, adding an estimated $1.21M. The largest seller was BBT Capital Management, exiting entirely with an estimated $2.56M sold.
- 83 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q2 2015, up from 81 in Q1 2015.
- Funds reported $126M of Morgans Hotel Group Co. stock for Q2 2015, down 16% quarter-over-quarter.
- 10 funds opened new Morgans Hotel Group Co. positions in Q2 2015 and 8 closed out, a net change of +2 holders.
- The largest Morgans Hotel Group Co. buyer in Q2 2015 was Eidelman Virant Capital, an estimated $1.21M added.
- The largest Morgans Hotel Group Co. seller in Q2 2015 was BBT Capital Management, an estimated $2.56M sold.
Based on aggregated 13F filings for Q2 2015.