Magnachip Semiconductor
104 hedge funds and large institutions have $131M invested in Magnachip Semiconductor in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 30 closing their positions.
11% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 36
13.46% less ownership
Funds ownership: 74.89% → 61.42% (-13%)
15% less funds holding
Funds holding: 122 → 104 (-18)
40% less capital invested
Capital invested by funds: $219M → $131M (-$87.7M)
60% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 30
79% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $4.97M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.17M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.96M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$875K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$862K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$768K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$17.1M |
| 2 |
TP
Toronado Partners
San Francisco,
California
|
-$8.76M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$4.02M |
| 4 |
2C
272 Capital
Dallas,
Texas
|
-$3.39M |
| 5 |
Morgan Stanley
New York
|
-$3.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASRS
126
Arizona State Retirement System
Phoenix,
Arizona
| – | -$84.4K | -11,254 | Closed |
|
127
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$84.4K | -11,248 | Closed |
|
128
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$34.8K | -4,641 | Closed |
|
129
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$17K | -2,306 | Closed |
|
|
GAMC
130
Garner Asset Management Corp
Plano,
Texas
| – | -$7.28K | -1,075 | Closed |
|
|
QCG
131
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$4.81K | -641 | Closed |
|
|
PA
132
Parallel Advisors
San Francisco,
California
| – | -$2.42K | -322 | Closed |
|
|
S
133
SignatureFD
Atlanta,
Georgia
| – | -$818 | -109 | Closed |
|
134
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$45 | +7 | New |
|
MX Hedge Fund Activity: Q1 2024 in Review
104 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Magnachip Semiconductor (MX) for Q1 2024, worth a combined $131M — down 40% from $219M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of MX and 12 opened new positions — a net loss of 18 holders — while 36 trimmed existing stakes and 32 added.
The largest buyer was Fidelity Investments, adding an estimated $6.17M. The largest seller was AllianceBernstein, exiting entirely with an estimated $17.1M sold.
- 104 institutional investors held Magnachip Semiconductor (MX) as of Q1 2024, down from 122 in Q4 2023.
- Funds reported $131M of Magnachip Semiconductor stock for Q1 2024, down 40% quarter-over-quarter.
- 12 funds opened new Magnachip Semiconductor positions in Q1 2024 and 30 closed out, a net change of -18 holders.
- The largest Magnachip Semiconductor buyer in Q1 2024 was Fidelity Investments, an estimated $6.17M added.
- The largest Magnachip Semiconductor seller in Q1 2024 was AllianceBernstein, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2024.