Magnachip Semiconductor
79 hedge funds and large institutions have $328M invested in Magnachip Semiconductor in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 12 closing their positions.
485% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $174K
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
22% more capital invested
Capital invested by funds: $270M → $328M (+$58.2M)
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
11.01% more ownership
Funds ownership: 82.07% → 93.08% (+11%)
8% more funds holding
Funds holding: 73 → 79 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$34.7M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$6.88M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.06M |
| 4 |
CMG
Cavalry Management Group
San Francisco,
California
|
+$4.86M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
-$11.3M |
| 2 |
NRC
North Run Capital
Boston,
Massachusetts
|
-$5.85M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.74M |
| 5 |
KAM
Kavi Asset Management
New York
|
-$1.78M |
MX Hedge Fund Activity: Q2 2018 in Review
79 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Magnachip Semiconductor (MX) for Q2 2018, worth a combined $328M — up 22% from $270M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MX positions and 12 closed out — a net gain of 6 holders — while 26 added to existing stakes and 22 trimmed.
The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $34.7M. The largest seller was Engaged Capital, exiting entirely with an estimated $11.3M sold.
- 79 institutional investors held Magnachip Semiconductor (MX) as of Q2 2018, up from 73 in Q1 2018.
- Funds reported $328M of Magnachip Semiconductor stock for Q2 2018, up 22% quarter-over-quarter.
- 18 funds opened new Magnachip Semiconductor positions in Q2 2018 and 12 closed out, a net change of +6 holders.
- The largest Magnachip Semiconductor buyer in Q2 2018 was Evermore Global Advisors, an estimated $34.7M added.
- The largest Magnachip Semiconductor seller in Q2 2018 was Engaged Capital, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2018.