Morgans Hotel Group Co.
MHGC
MHGC was delisted on the 30th of November, 2016.
57 hedge funds and large institutions have $28.6M invested in Morgans Hotel Group Co. in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 23 closing their positions.
400% more call options, than puts
Call options by funds: $55K | Put options by funds: $11K
3.73% less ownership
Funds ownership: 42.06% → 38.33% (-3.7%)
11% less funds holding
Funds holding: 64 → 57 (-7)
24% less capital inflows, than outflows
Capital inflows: $6.2M | Capital outflows: $8.13M
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.79M |
| 2 |
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$958K |
| 3 |
Renaissance Technologies
New York
|
+$684K |
| 4 |
Gabelli & Co Investment Advisers
Rye,
New York
|
+$624K |
| 5 |
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$564K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Greenwood Investments
Boston,
Massachusetts
|
-$1.16M |
| 2 |
BlackRock Fund Advisors
San Francisco,
California
|
-$1.13M |
| 3 |
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$1.06M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$854K |
| 5 |
State Street
Boston,
Massachusetts
|
-$804K |
MHGC Hedge Fund Activity: Q2 2016 in Review
57 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Morgans Hotel Group Co. (MHGC) for Q2 2016, worth a combined $28.6M — up 41% from $20.2M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of MHGC and 16 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 11 added.
The largest buyer was Deutsche Bank, adding an estimated $1.79M. The largest seller was Greenwood Investments, cutting an estimated $1.16M.
- 57 institutional investors held Morgans Hotel Group Co. (MHGC) as of Q2 2016, down from 64 in Q1 2016.
- Funds reported $28.6M of Morgans Hotel Group Co. stock for Q2 2016, up 41% quarter-over-quarter.
- 16 funds opened new Morgans Hotel Group Co. positions in Q2 2016 and 23 closed out, a net change of -7 holders.
- The largest Morgans Hotel Group Co. buyer in Q2 2016 was Deutsche Bank, an estimated $1.79M added.
- The largest Morgans Hotel Group Co. seller in Q2 2016 was Greenwood Investments, an estimated $1.16M sold.
Based on aggregated 13F filings for Q2 2016.