MAGNA INTL INC MGA
COM · Common Stock · CUSIP 559222401 · ISIN CA5592224011
Canadian automotive supplier
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($85.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.64. Options: 19 managers hold calls ($54.8m notional), 20 hold puts ($61.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 408 |
| Q4 2022 | 432 |
| Q1 2023 | 411 |
| Q2 2023 | 400 |
| Q3 2023 | 403 |
| Q4 2023 | 422 |
| Q1 2024 | 403 |
| Q2 2024 | 395 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 163 | 219 |
| Q1 2023 | 181 | 205 |
| Q2 2023 | 191 | 179 |
| Q3 2023 | 191 | 176 |
| Q4 2023 | 188 | 185 |
| Q1 2024 | 211 | 179 |
| Q2 2024 | 201 | 183 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $69.5m | $39.0m | 0.56 |
| Q4 2023 | $62.3m | $46.1m | 0.74 |
| Q1 2024 | $51.9m | $437.2m | 8.43 |
| Q2 2024 | $54.8m | $61.6m | 1.12 |
Biggest buyers
| PZENA INVESTMENT MANAGEMENT LLC | Added | +2.9m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +2.2m |
| Federation des caisses Desjardins du Quebec | Added | +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +1.2m |
| ACR Alpine Capital Research, LLC | Added | +1.1m |
| Brandywine Global Investment Management, LLC | Added | +867.5k |
| D. E. Shaw & Co., Inc. | Added | +676.3k |
| HARRIS ASSOCIATES L P | Added | +651.9k |
| FIL Ltd | Added | +616.4k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Added | +580.5k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -7.7m |
| MORGAN STANLEY | Reduced | -3.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -2.2m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -2.2m |
| TD Asset Management Inc | Reduced | -1.1m |
| CIBC Asset Management Inc | Reduced | -923.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -837.4k |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -816.0k |
| BANK OF MONTREAL /CAN/ | Reduced | -791.3k |
| ROYAL BANK OF CANADA | Reduced | -609.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.5m299.1k shares |
| SIG North Trading, ULC | Reduced | $7.8m186.0k shares |
| CITADEL ADVISORS LLC | Added | $6.9m165.0k shares |
| SIMPLEX TRADING, LLC | Added | $4.9m118.0k shares |
| CIBC WORLD MARKET INC. | New | $4.2m100.0k shares |
| Murchinson Ltd. | Unchanged | $4.2m100.0k shares |
| IMC-Chicago, LLC | Added | $3.2m75.4k shares |
| Cubist Systematic Strategies, LLC | Added | $3.0m71.7k shares |
| D. E. Shaw & Co., Inc. | Added | $2.1m50.3k shares |
| Walleye Capital LLC | New | $1.8m41.9k shares |
Biggest puts
| SANDLER CAPITAL MANAGEMENT | Added | $10.5m250.0k shares |
| D. E. Shaw & Co., Inc. | Added | $10.3m246.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.1m146.6k shares |
| CITADEL ADVISORS LLC | Added | $6.0m143.8k shares |
| JANE STREET GROUP, LLC | Added | $5.1m122.6k shares |
| Murchinson Ltd. | Unchanged | $4.2m100.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $3.5m82.5k shares |
| SIG North Trading, ULC | Reduced | $3.3m79.1k shares |
| SIMPLEX TRADING, LLC | Added | $2.8m67.4k shares |
| Cubist Systematic Strategies, LLC | Added | $1.8m42.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PZENA INVESTMENT MANAGEMENT LLC 13G · institution -1.2 pts · filed 2026-07-15 | 8.8% |
| BlackRock, Inc. 13G · institution +1.2 pts · filed 2026-07-29 | 6.2% |
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC 4.23% of their portfolio | 21.0m $1.2bn | Added +2.9m |
| ROYAL BANK OF CANADA 0.13% of their portfolio | 12.6m $528.7m | Reduced -609.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 10.8m $452.9m | Added +299.5k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.43% of their portfolio | 9.8m $410.9m | Added +2.2m |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 9.4m $394.8m | Reduced -7.7m |
| Beutel, Goodman & Co Ltd. 1.95% of their portfolio | 8.8m $367.1m | Reduced -62.0k |
| JARISLOWSKY, FRASER Ltd 1.82% of their portfolio | 7.1m $299.5m | Added +395.7k |
| HARRIS ASSOCIATES L P 0.50% of their portfolio | 7.1m $298.0m | Added +651.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 6.3m $265.5m | Reduced -135.1k |
| TD Asset Management Inc 0.24% of their portfolio | 6.2m $260.7m | Reduced -1.1m |
| ACR Alpine Capital Research, LLC 6.62% of their portfolio | 5.1m $214.4m | Added +1.1m |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 4.7m $201.9m | Reduced -791.3k |
| FIL Ltd 0.18% of their portfolio | 4.3m $180.5m | Added +616.4k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 3.4m $142.2m | Reduced -255.9k |
| NORGES BANK 0.02% of their portfolio | 3.4m $141.0m | Added +7.8k |
| LETKO, BROSSEAU & ASSOCIATES INC 2.61% of their portfolio | 3.3m $137.6m | Added +274.2k |
| CIBC Asset Management Inc 0.45% of their portfolio | 3.0m $126.8m | Reduced -923.7k |
| MACKENZIE FINANCIAL CORP 0.18% of their portfolio | 2.9m $121.0m | Added +270.9k |
| CIBC WORLD MARKET INC. 0.29% of their portfolio | 2.8m $116.7m | Added +34.1k |
| Federation des caisses Desjardins du Quebec 0.59% of their portfolio | 2.6m $109.8m | Added +1.2m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.5m $104.7m | Added +112.9k |
| NATIONAL BANK OF CANADA /FI/ 0.16% of their portfolio | 2.5m $102.5m | Reduced -176.4k |
| TURTLE CREEK ASSET MANAGEMENT INC. 2.60% of their portfolio | 2.4m $101.1m | Added +580.5k |
| BANK OF NOVA SCOTIA 0.19% of their portfolio | 2.4m $99.1m | Added +81.3k |
| MORGAN STANLEY 0.01% of their portfolio | 2.2m $93.1m | Reduced -3.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio | 2.1m $86.1m | Reduced -2.2m |
| Legal & General Group Plc 0.02% of their portfolio | 1.9m $81.0m | Added +436.7k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.9m $80.5m | Reduced -837.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 1.9m $79.6m | Added +540.0k |
| M&G PLC 0.44% of their portfolio | 1.8m $74.3m | Added +335.7k |
| TORONTO DOMINION BANK 0.11% of their portfolio | 1.6m $67.4m | Added +30.4k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 1.5m $63.6m | Added +414.5k |
| Brandywine Global Investment Management, LLC 0.45% of their portfolio | 1.4m $60.3m | Added +867.5k |
| Canoe Financial LP 1.27% of their portfolio | 1.3m $68.5m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 1.3m $52.4m | Added +171.1k |
| D. E. Shaw & Co., Inc. 0.07% of their portfolio | 1.2m $50.8m | Added +676.3k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.65% of their portfolio | 1.2m $50.5m | Added +310.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.2m $49.0m | Reduced -2.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $48.9m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $47.2m | Added +56.2k |
| EARNEST PARTNERS LLC 0.22% of their portfolio | 1.1m $46.0m | Reduced -37.6k |
| Value Partners Investments Inc. 3.88% of their portfolio | 1.1m $44.7m | Added +348.9k |
| Aristotle Capital Management, LLC 0.08% of their portfolio | 1.0m $42.4m | Reduced -29.1k |
| TD Waterhouse Canada Inc. 0.34% of their portfolio | 908.3k $38.0m | Added +26.3k |
| SCOTIA CAPITAL INC. 0.22% of their portfolio | 904.3k $37.6m | Reduced -121.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 829.6k $34.8m | Unchanged |
| Swiss National Bank 0.02% of their portfolio | 818.9k $34.3m | Reduced -2.8k |
| Invesco Ltd. 0.01% of their portfolio | 770.4k $32.3m | Added +150.5k |
| Scheer, Rowlett & Associates Investment Management Ltd. 2.17% of their portfolio | 676.4k $28.4m | Reduced -69.1k |
| QV Investors Inc. 2.60% of their portfolio | 660.8k $27.7m | Reduced -6.3k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.33% of their portfolio | 654.3k $27.4m | Added +77.2k |
| 1832 Asset Management L.P. 0.05% of their portfolio | 622.1k $26.1m | Reduced -1.9k |
| FMR LLC 0.00% of their portfolio | 599.7k $25.1m | Added +2.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 524.7k $22.0m | Added +213.2k |
| CRITERIA CAIXA, S.A.U. 2.80% of their portfolio | 501.5k $21.0m | Added +67.0k |
| Nexus Investment Management ULC 2.07% of their portfolio | 470.6k $19.7m | Added +44.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.07% of their portfolio | 463.7k $19.4m | Added +204.3k |
| Marathon Asset Management Ltd 0.59% of their portfolio | 452.8k $19.0m | Reduced -82.3k |
| IPG Investment Advisors LLC 4.11% of their portfolio | 448.5k $18.8m | Added +81.1k |
| Northwest & Ethical Investments L.P. 0.53% of their portfolio | 438.8k $18.4m | Added +5.4k |
| US BANCORP \DE\ 0.02% of their portfolio | 427.8k $17.9m | Reduced -54.7k |
| UBS Group AG 0.01% of their portfolio | 421.1k $17.6m | Added +116.9k |
| TOWLE & CO 2.30% of their portfolio | 418.5k $17.5m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 399.9k $16.8m | Reduced -98.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 373.9k $15.7m | Added +89.7k |
| BlackRock Inc. 0.00% of their portfolio | 341.2k $14.3m | Added +86.5k |
| CenterBook Partners LP 0.85% of their portfolio | 326.1k $13.7m | Added +67.4k |
| Amundi 0.01% of their portfolio | 326.1k $13.9m | Added +25.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 293.5k $12.3m | Added +190 |
| Addenda Capital Inc. 0.64% of their portfolio | 284.5k $16.3m | Added +26.6k |
| Alberta Investment Management Corp 0.12% of their portfolio | 276.9k $11.6m | Added +15.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 272.6k $11.4m | Added +191.4k |
| PORTLAND INVESTMENT COUNSEL INC. 4.08% of their portfolio | 270.3k $11.3m | Added +92.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 265.7k $11.1m | New |
| INTACT INVESTMENT MANAGEMENT INC. 0.40% of their portfolio | 255.7k $10.7m | Added +2.3k |
| ARK Investment Management LLC 0.09% of their portfolio | 244.9k $10.3m | Reduced -27.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 237.7k $10.0m | Reduced -1.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 233.5k $9.8m | Reduced -265.3k |
| BARCLAYS PLC 0.00% of their portfolio | 211.6k $8.9m | Added +121.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 210.2k $8.8m | Reduced -9.7k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 209.5k $8.8m | Added +12.8k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 202.5k $8.5m | Added +33.0k |
| CITIGROUP INC 0.01% of their portfolio | 201.2k $8.4m | Added +8.9k |
| FINANCIAL COUNSELORS INC 0.14% of their portfolio | 200.8k $8.4m | Added +19.3k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 189.1k $7.9m | Added +31.7k |
| Mariner, LLC 0.02% of their portfolio | 187.5k $7.9m | Added +17.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 183.1k $7.7m | Added +13.7k |
| Quadrature Capital Ltd 0.13% of their portfolio | 183.1k $7.7m | Added +128.6k |
| GUARDIAN CAPITAL ADVISORS LP 0.80% of their portfolio | 172.6k $7.5m | Added +25.1k |
| Atria Investments, Inc 0.09% of their portfolio | 170.8k $7.2m | Added +25.5k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 168.2k $7.0m | Added +114.0k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 165.4k $6.9m | Reduced -35.6k |
| AGF MANAGEMENT LTD 0.04% of their portfolio | 163.1k $6.8m | Reduced -19.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 162.7k $6.8m | Added +93.6k |
| RAYMOND JAMES TRUST N.A. 0.15% of their portfolio | 156.9k $6.6m | Added +1.7k |
| Heathbridge Capital Management Ltd. 2.70% of their portfolio | 152.3k $6.4m | Reduced -12.6k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 149.1k $6.2m | Added +19.3k |
| State of Tennessee, Department of Treasury 0.02% of their portfolio | 147.6k $6.2m | Reduced -5.9k |
| Trexquant Investment LP 0.09% of their portfolio | 143.2k $6.0m | Added +125.7k |
| MUFG SECURITIES (CANADA), LTD. 0.39% of their portfolio | 141.4k $5.9m | Added +141.3k |