Magnachip Semiconductor
52 hedge funds and large institutions have $161M invested in Magnachip Semiconductor in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
13% more funds holding
Funds holding: 46 → 52 (+6)
5% less capital invested
Capital invested by funds: $170M → $161M (-$8.99M)
7.25% less ownership
Funds ownership: 92.79% → 85.54% (-7.3%)
96% less call options, than puts
Call options by funds: $97K | Put options by funds: $2.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.97M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.59M |
| 3 |
EC
Engaged Capital
Newport Beach,
California
|
+$1.86M |
| 4 |
PCM
Proxima Capital Management
New York
|
+$1.06M |
| 5 |
D.E. Shaw & Co
New York
|
+$879K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
-$14.7M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$4.63M |
| 3 |
VAM
Visium Asset Management
New York
|
-$2.73M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.23M |
| 5 |
ICP
Indus Capital Partners
New York
|
-$2.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCMC
51
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
| – | -$14.7M | -2,783,200 | Closed |
|
|
52
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
| – | -$4.63M | -875,000 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$655K | -140,825 | Closed |
|
54
Vanguard Group
Malvern,
Pennsylvania
| – | -$614K | -116,100 | Closed |
|
|
CS
55
Credit Suisse
Zurich,
Switzerland
| – | -$213K | -40,267 | Closed |
|
|
TM
56
Thrax Management
New York
| – | -$179K | -33,929 | Closed |
|
57
Goldman Sachs
New York
| – | -$74K | -14,014 | Closed |
|
58
Citadel Advisors
Miami,
Florida
| – | -$61.8K | -13,274 | Closed |
|
|
CSS
59
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$35K | -6,525 | Closed |
|
60
Walleye Trading
New York
| – | -$26K | -5,588 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | +$372 | +80 | New |
|
MX Hedge Fund Activity: Q1 2016 in Review
52 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Magnachip Semiconductor (MX) for Q1 2016, worth a combined $161M — down 5.3% from $170M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MX positions and 10 closed out — a net gain of 6 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $3.97M. The largest seller was Rubric Capital Management (Connecticut), exiting entirely with an estimated $14.7M sold.
- 52 institutional investors held Magnachip Semiconductor (MX) as of Q1 2016, up from 46 in Q4 2015.
- Funds reported $161M of Magnachip Semiconductor stock for Q1 2016, down 5.3% quarter-over-quarter.
- 16 funds opened new Magnachip Semiconductor positions in Q1 2016 and 10 closed out, a net change of +6 holders.
- The largest Magnachip Semiconductor buyer in Q1 2016 was Kennedy Capital Management, an estimated $3.97M added.
- The largest Magnachip Semiconductor seller in Q1 2016 was Rubric Capital Management (Connecticut), an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2016.