Magnachip Semiconductor
72 hedge funds and large institutions have $299M invested in Magnachip Semiconductor in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
67% more capital invested
Capital invested by funds: $179M → $299M (+$120M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
11.53% more ownership
Funds ownership: 82.51% → 94.04% (+12%)
11% more funds holding
Funds holding: 65 → 72 (+7)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
90% less call options, than puts
Call options by funds: $923K | Put options by funds: $9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$12.5M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$9.97M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$9.88M |
| 4 |
Morgan Stanley
New York
|
+$3.44M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRC
North Run Capital
Boston,
Massachusetts
|
-$13.3M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.66M |
| 3 |
EC
Engaged Capital
Newport Beach,
California
|
-$4.92M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.1M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
76
Ancora Advisors
Cleveland,
Ohio
| – | -$131K | -21,207 | Closed |
|
|
SSA
77
Schonfeld Strategic Advisors
New York
| – | -$89K | -14,401 | Closed |
|
|
TSS
78
Two Sigma Securities
New York
| – | -$80K | -12,881 | Closed |
|
|
TCM
79
Teza Capital Management
Chicago,
Illinois
| – | -$70K | -11,223 | Closed |
|
80
Walleye Trading
New York
| – | -$55K | -8,800 | Closed |
|
|
AIM
81
Acrospire Investment Management
Chicago,
Illinois
| – | -$12K | -1,897 | Closed |
|
|
JFA
82
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$10K | -1,685 | Closed |
|
83
Bank of America
Charlotte,
North Carolina
| – | -$1K | -100 | Closed |
|
84
Parallax Volatility Advisers
San Francisco,
California
| – | +$205 | +26 | New |
|
MX Hedge Fund Activity: Q1 2017 in Review
72 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Magnachip Semiconductor (MX) for Q1 2017, worth a combined $299M — up 67% from $179M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MX positions and 12 closed out — a net gain of 9 holders — while 20 added to existing stakes and 24 trimmed.
The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $12.5M. The largest seller was North Run Capital, cutting an estimated $13.3M.
- 72 institutional investors held Magnachip Semiconductor (MX) as of Q1 2017, up from 65 in Q4 2016.
- Funds reported $299M of Magnachip Semiconductor stock for Q1 2017, up 67% quarter-over-quarter.
- 21 funds opened new Magnachip Semiconductor positions in Q1 2017 and 12 closed out, a net change of +9 holders.
- The largest Magnachip Semiconductor buyer in Q1 2017 was Evermore Global Advisors, an estimated $12.5M added.
- The largest Magnachip Semiconductor seller in Q1 2017 was North Run Capital, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2017.