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 ($73.3m this quarter). Holder counts are more reliable. Shares outstanding: 282.9m as of 2024-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $36.25. Options: 22 managers hold calls ($126.5m notional), 19 hold puts ($45.6m).
Trends to Q1 2025
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 |
| Q3 2024 | 384 |
| Q4 2024 | 391 |
| Q1 2025 | 367 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 191 | 179 |
| Q3 2023 | 191 | 176 |
| Q4 2023 | 188 | 185 |
| Q1 2024 | 211 | 179 |
| Q2 2024 | 201 | 183 |
| Q3 2024 | 191 | 166 |
| Q4 2024 | 158 | 205 |
| Q1 2025 | 179 | 182 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $54.8m | $61.6m | 1.12 |
| Q3 2024 | $80.6m | $53.3m | 0.66 |
| Q4 2024 | $81.6m | $40.1m | 0.49 |
| Q1 2025 | $126.5m | $45.6m | 0.36 |
Biggest buyers
| CIBC WORLD MARKET INC. | Added | +3.2m |
| GOLDMAN SACHS GROUP INC | Added | +1.9m |
| MORGAN STANLEY | Added | +1.5m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +1.4m |
| Value Partners Investments Inc. | Added | +891.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +783.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +699.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +555.0k |
| INTACT INVESTMENT MANAGEMENT INC. | Added | +550.9k |
| Invesco Ltd. | Added | +519.8k |
Biggest sellers
| JARISLOWSKY, FRASER Ltd | Reduced | -7.5m |
| MACKENZIE FINANCIAL CORP | Reduced | -6.5m |
| Beutel, Goodman & Co Ltd. | Reduced | -2.2m |
| FIL Ltd | Reduced | -1.5m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -1.3m |
| ROYAL BANK OF CANADA | Reduced | -1.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.1m |
| Aristotle Capital Management, LLC | Sold out | -1.0m |
| Federation des caisses Desjardins du Quebec | Reduced | -906.8k |
| Brandywine Global Investment Management, LLC | Reduced | -752.2k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | New | $58.0m1.7m shares |
| PEAK6 LLC | Reduced | $10.3m304.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.2m300.8k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $7.9m2.3k shares |
| SIG North Trading, ULC | Added | $6.5m190.2k shares |
| Twin Tree Management, LP | Reduced | $5.6m164.5k shares |
| NOMURA HOLDINGS INC | New | $5.1m150.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.7m136.9k shares |
| BANK OF AMERICA CORP /DE/ | New | $3.8m112.2k shares |
| IMC-Chicago, LLC | Added | $2.1m62.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.4m248.0k shares |
| BANK OF MONTREAL /CAN/ | New | $6.8m200.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $6.2m183.2k shares |
| PEAK6 LLC | Added | $4.2m123.1k shares |
| ROYAL BANK OF CANADA | Added | $4.1m120.0k shares |
| CITADEL ADVISORS LLC | Reduced | $3.3m97.5k shares |
| SIG North Trading, ULC | Reduced | $2.3m68.1k shares |
| SIMPLEX TRADING, LLC | Added | $2.0m60.3k shares |
| TORONTO DOMINION BANK | Added | $2.0m59.5k shares |
| IMC-Chicago, LLC | Added | $1.6m47.0k 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 Q1 2025
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 Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| PZENA INVESTMENT MANAGEMENT LLC 4.86% of their portfolio | 28.5m $1.4bn | Added +1.4m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.43% of their portfolio | 12.6m $427.6m | Added +699.5k |
| VANGUARD GROUP INC 0.01% of their portfolio | 11.4m $387.1m | Added +226.9k |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 9.7m $330.2m | Reduced -1.2m |
| HARRIS ASSOCIATES L P 0.41% of their portfolio | 7.1m $242.2m | Added +76.5k |
| ACR Alpine Capital Research, LLC 4.25% of their portfolio | 6.0m $203.3m | Added +446.7k |
| CIBC WORLD MARKET INC. 0.45% of their portfolio | 5.8m $196.4m | Added +3.2m |
| Beutel, Goodman & Co Ltd. 1.08% of their portfolio | 5.5m $188.2m | Reduced -2.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 5.2m $177.4m | Reduced -1.1m |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 5.0m $170.1m | Added +32.9k |
| TD Asset Management Inc 0.16% of their portfolio | 5.0m $169.6m | Reduced -333.5k |
| FIL Ltd 0.14% of their portfolio | 4.3m $147.7m | Reduced -1.5m |
| LETKO, BROSSEAU & ASSOCIATES INC 2.86% of their portfolio | 4.0m $134.5m | Reduced -52.2k |
| NORGES BANK 0.02% of their portfolio | 3.5m $119.0m | Added +96.3k |
| MACKENZIE FINANCIAL CORP 0.16% of their portfolio | 3.2m $110.2m | Reduced -6.5m |
| MORGAN STANLEY 0.01% of their portfolio | 3.2m $107.1m | Added +1.5m |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 3.1m $105.9m | Reduced -28.6k |
| ARGA Investment Management, LP 3.41% of their portfolio | 3.0m $101.9m | Added +436.4k |
| TURTLE CREEK ASSET MANAGEMENT INC. 2.58% of their portfolio | 2.7m $91.8m | Added +416.8k |
| NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio | 2.7m $90.8m | Reduced -527.7k |
| Federation des caisses Desjardins du Quebec 0.42% of their portfolio | 2.5m $83.8m | Reduced -906.8k |
| CIBC Asset Management Inc 0.28% of their portfolio | 2.5m $84.0m | Reduced -450.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.5m $83.7m | Added +1.9m |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 2.4m $80.7m | Reduced -20.7k |
| BANK OF NOVA SCOTIA 0.17% of their portfolio | 2.2m $76.0m | Added +3.1k |
| Legal & General Group Plc 0.02% of their portfolio | 2.0m $68.6m | Added +50.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.0m $67.8m | Added +53.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.9m $64.4m | Added +120.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.7m $56.6m | Added +153.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.6m $55.7m | Added +115.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.5m $50.2m | Added +80.9k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.58% of their portfolio | 1.4m $46.4m | Added +110.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.4m $46.2m | Added +3.2k |
| TORONTO DOMINION BANK 0.12% of their portfolio | 1.3m $45.2m | Reduced -21.4k |
| Invesco Ltd. 0.01% of their portfolio | 1.3m $44.8m | Added +519.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.12% of their portfolio | 1.1m $39.0m | Added +101.6k |
| Value Partners Investments Inc. 3.19% of their portfolio | 1.1m $37.0m | Added +891.7k |
| Brandywine Global Investment Management, LLC 0.25% of their portfolio | 1.0m $34.4m | Reduced -752.2k |
| Scheer, Rowlett & Associates Investment Management Ltd. 2.48% of their portfolio | 983.9k $33.4m | Reduced -850 |
| INTACT INVESTMENT MANAGEMENT INC. 1.13% of their portfolio | 973.0k $33.1m | Added +550.9k |
| TD Waterhouse Canada Inc. 0.27% of their portfolio | 900.5k $33.5m | Reduced -55.3k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 788.4k $26.8m | Added +783.0k |
| Swiss National Bank 0.02% of their portfolio | 763.8k $26.0m | Reduced -28.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 708.6k $24.1m | Reduced -115.1k |
| PORTLAND INVESTMENT COUNSEL INC. 7.18% of their portfolio | 695.8k $23.6m | Added +175.7k |
| BARCLAYS PLC 0.01% of their portfolio | 670.6k $22.8m | Added +299.8k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 2.84% of their portfolio | 658.4k $22.4m | Reduced -3.3k |
| QV Investors Inc. 2.22% of their portfolio | 647.5k $22.0m | Reduced -11.3k |
| Amundi 0.01% of their portfolio | 582.7k $19.3m | Added +93.2k |
| GUARDIAN CAPITAL LP 0.75% of their portfolio | 558.1k $19.0m | Reduced -137.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 555.0k $18.9m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 539.0k $18.4m | Reduced -1.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 488.4k $16.6m | Added +12.3k |
| SCOTIA CAPITAL INC. 0.08% of their portfolio | 450.8k $15.3m | Reduced -119.9k |
| FMR LLC 0.00% of their portfolio | 442.2k $15.0m | Reduced -88.0k |
| Northwest & Ethical Investments L.P. 0.41% of their portfolio | 442.0k $15.0m | Reduced -25.7k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 441.0k $15.0m | Added +37.4k |
| IPG Investment Advisors LLC 3.31% of their portfolio | 430.6k $14.6m | Reduced -170.9k |
| Marathon Asset Management Ltd 0.44% of their portfolio | 419.6k $14.3m | Reduced -10.5k |
| UBS Group AG 0.00% of their portfolio | 413.9k $14.1m | Reduced -512.3k |
| MUFG SECURITIES (CANADA), LTD. 0.48% of their portfolio | 404.6k $13.7m | Reduced -7.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 395.7k $13.4m | Added +151.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 382.3k $13.0m | Reduced -4.3k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 380.5k $12.9m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 338.6k $11.5m | New |
| BlackRock, Inc. 0.00% of their portfolio | 309.7k $10.5m | Reduced -57.0k |
| US BANCORP \DE\ 0.01% of their portfolio | 292.9k $10.0m | Reduced -40.6k |
| Addenda Capital Inc. 0.53% of their portfolio | 292.4k $14.3m | Added +28.1k |
| TOWLE & CO 2.05% of their portfolio | 276.1k $9.4m | Reduced -6.4k |
| Buck Wealth Strategies, LLC 1.58% of their portfolio | 255.9k $8.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 255.2k $8.7m | Added +60.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 254.5k $8.7m | Added +14.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 252.5k $8.6m | Added +13.2k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 251.8k $8.6m | Added +41.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 249.8k $8.5m | Added +35.8k |
| Caisse de depot et placement du Quebec 0.02% of their portfolio | 247.6k $8.4m | New |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 235.7k $8.0m | Added +28.4k |
| Atria Investments, Inc 0.10% of their portfolio | 233.6k $7.9m | Added +28.7k |
| Mariner, LLC 0.01% of their portfolio | 232.7k $7.9m | Added +28.5k |
| Alberta Investment Management Corp 0.05% of their portfolio | 232.2k $7.9m | Added +6.0k |
| Numerai GP LLC 1.42% of their portfolio | 221.9k $7.5m | New |
| CITIGROUP INC 0.01% of their portfolio | 220.5k $7.5m | Reduced -48.4k |
| FINANCIAL COUNSELORS INC 0.10% of their portfolio | 202.8k $6.9m | Added +2.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 193.7k $6.6m | Added +63.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 193.4k $6.6m | Reduced -32.7k |
| Guardian Partners Inc. 0.63% of their portfolio | 188.8k $6.1m | Added +8.8k |
| Nuveen, LLC 0.00% of their portfolio | 188.4k $6.4m | First filing |
| NATIXIS 0.04% of their portfolio | 183.2k $6.3m | Added +23.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 167.3k $5.7m | Reduced -12.0k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 166.1k $5.7m | Added +2.4k |
| Quantbot Technologies LP 0.18% of their portfolio | 165.9k $5.6m | Added +161.7k |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.08% of their portfolio | 162.7k $5.5m | Added +113.1k |
| ARK Investment Management LLC 0.05% of their portfolio | 161.2k $5.5m | New |
| Candriam S.C.A. 0.03% of their portfolio | 153.0k $5.2m | Reduced -108.5k |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 1.29% of their portfolio | 147.8k $5.0m | Reduced -9.4k |
| State of Tennessee, Department of Treasury 0.02% of their portfolio | 147.5k $5.0m | Reduced -6.4k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.03% of their portfolio | 147.5k $5.0m | Added +28.3k |
| Heathbridge Capital Management Ltd. 2.03% of their portfolio | 147.0k $5.0m | Reduced -3.4k |
| Covalis Capital LLP 1.12% of their portfolio | 144.0k $4.9m | New |
| Summit Street Capital Management, LLC 0.81% of their portfolio | 144.0k $4.9m | Unchanged |