Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
78 hedge funds and large institutions have $61.1M invested in Morgans Hotel Group Co. in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 14 closing their positions.
6% less funds holding
Funds holding: 83 → 78 (-5)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less capital invested
Capital invested by funds: $126M → $61.1M (-$65.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
+$2.38M |
| 2 |
First Eagle Investment Management
New York
|
+$1.98M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$1.02M |
| 4 |
SLCM
Seven Locks Capital Management
New York
|
+$798K |
| 5 |
KA
Kerrisdale Advisers
Miami,
Florida
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.88M |
| 2 |
PCM
Pyrrho Capital Management
New York
|
-$2M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
-$1.52M |
| 4 |
WSA
Wall Street Associates
Lajolla,
California
|
-$1.26M |
| 5 |
HA
Havens Advisors
New York
|
-$975K |
MHGC Hedge Fund Activity: Q3 2015 in Review
78 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q3 2015, worth a combined $61.1M — down 52% from $126M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MHGC and 10 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 24 added.
The largest buyer was Pacific Alternative Asset Management Company (PAAMCO), opening a new position worth an estimated $2.38M. The largest seller was Ameriprise, cutting an estimated $2.88M.
- 78 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q3 2015, down from 83 in Q2 2015.
- Funds reported $61.1M of Morgans Hotel Group Co. stock for Q3 2015, down 52% quarter-over-quarter.
- 10 funds opened new Morgans Hotel Group Co. positions in Q3 2015 and 14 closed out, a net change of -4 holders.
- The largest Morgans Hotel Group Co. buyer in Q3 2015 was Pacific Alternative Asset Management Company (PAAMCO), an estimated $2.38M added.
- The largest Morgans Hotel Group Co. seller in Q3 2015 was Ameriprise, an estimated $2.88M sold.
Based on aggregated 13F filings for Q3 2015.