Magnachip Semiconductor
70 hedge funds and large institutions have $345M invested in Magnachip Semiconductor in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
13% more funds holding
Funds holding: 62 → 70 (+8)
11% more capital invested
Capital invested by funds: $312M → $345M (+$33.3M)
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
4.32% less ownership
Funds ownership: 93.69% → 89.37% (-4.3%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
71% less call options, than puts
Call options by funds: $235K | Put options by funds: $820K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$8.79M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$8.02M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.94M |
| 4 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$3.74M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Lasry Marc
|
-$40.1M |
| 2 |
EC
Engaged Capital
Newport Beach,
California
|
-$9.18M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.09M |
| 4 |
Renaissance Technologies
New York
|
-$2.41M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.25M |
MX Hedge Fund Activity: Q3 2017 in Review
70 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Magnachip Semiconductor (MX) for Q3 2017, worth a combined $345M — up 11% from $312M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MX positions and 9 closed out — a net gain of 8 holders — while 22 added to existing stakes and 24 trimmed.
The largest buyer was Evermore Global Advisors, adding an estimated $8.79M. The largest seller was Lasry Marc, exiting entirely with an estimated $40.1M sold.
- 70 institutional investors held Magnachip Semiconductor (MX) as of Q3 2017, up from 62 in Q2 2017.
- Funds reported $345M of Magnachip Semiconductor stock for Q3 2017, up 11% quarter-over-quarter.
- 17 funds opened new Magnachip Semiconductor positions in Q3 2017 and 9 closed out, a net change of +8 holders.
- The largest Magnachip Semiconductor buyer in Q3 2017 was Evermore Global Advisors, an estimated $8.79M added.
- The largest Magnachip Semiconductor seller in Q3 2017 was Lasry Marc, an estimated $40.1M sold.
Based on aggregated 13F filings for Q3 2017.