Magnachip Semiconductor
62 hedge funds and large institutions have $312M invested in Magnachip Semiconductor in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 19 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
4% more capital invested
Capital invested by funds: $299M → $312M (+$13.2M)
0.35% less ownership
Funds ownership: 94.04% → 93.69% (-0.35%)
14% less funds holding
Funds holding: 72 → 62 (-10)
28% less call options, than puts
Call options by funds: $1.35M | Put options by funds: $1.87M
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.1M |
| 2 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$6.65M |
| 3 |
BlackRock
New York
|
+$6.52M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.87M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
-$8.2M |
| 2 |
NRC
North Run Capital
Boston,
Massachusetts
|
-$7.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.36M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.4M |
| 5 |
KAM
Kavi Asset Management
New York
|
-$2.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
76
Caprock Group
Boise,
Idaho
| – | -$122K | -12,755 | Closed |
|
|
SB
77
Suntrust Banks
Atlanta,
Georgia
| – | -$102K | -10,679 | Closed |
|
|
PCM
78
Prelude Capital Management
New York
| – | -$66K | -6,913 | Closed |
|
79
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$18.7K | -2,094 | -97% |
|
80
Barclays
London,
United Kingdom
| – | -$2K | -200 | Closed |
|
MX Hedge Fund Activity: Q2 2017 in Review
62 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Magnachip Semiconductor (MX) for Q2 2017, worth a combined $312M — up 4.4% from $299M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of MX and 9 opened new positions — a net loss of 10 holders — while 17 trimmed existing stakes and 28 added.
The largest buyer was AllianceBernstein, opening a new position worth an estimated $7.1M. The largest seller was Engaged Capital, cutting an estimated $8.2M.
- 62 institutional investors held Magnachip Semiconductor (MX) as of Q2 2017, down from 72 in Q1 2017.
- Funds reported $312M of Magnachip Semiconductor stock for Q2 2017, up 4.4% quarter-over-quarter.
- 9 funds opened new Magnachip Semiconductor positions in Q2 2017 and 19 closed out, a net change of -10 holders.
- The largest Magnachip Semiconductor buyer in Q2 2017 was AllianceBernstein, an estimated $7.1M added.
- The largest Magnachip Semiconductor seller in Q2 2017 was Engaged Capital, an estimated $8.2M sold.
Based on aggregated 13F filings for Q2 2017.