Magnetar Financial Reduces Hasbro Stake

Hedge fund cuts holdings in toymaker by over 58%

Mar. 12, 2026 at 10:34am

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Magnetar Financial LLC has reduced its stake in Hasbro, Inc. (NASDAQ:HAS) by 58.3% during the third quarter, according to a recent SEC filing. The hedge fund now owns 38,490 shares of the company's stock, down from 92,410 shares previously.

Why it matters

Hasbro is one of the world's largest toy and game companies, known for iconic brands like Monopoly, Nerf, and My Little Pony. Institutional investor activity in the stock can provide insights into market sentiment and the company's performance.

The details

According to the filing, Magnetar Financial sold 53,920 Hasbro shares during the third quarter, leaving it with a position valued at $2.92 million at the end of the period. The move comes as Hasbro has seen its stock price rise over 30% in the past year, boosted by strong sales of its gaming and entertainment-focused products.

  • Magnetar Financial reduced its Hasbro stake during the third quarter of 2025.

The players

Magnetar Financial LLC

A hedge fund that has reduced its position in Hasbro, Inc.

Hasbro, Inc.

A global play and entertainment company known for iconic toy and game brands.

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The takeaway

Magnetar Financial's reduction in its Hasbro stake suggests the hedge fund may see limited upside in the toymaker's stock at current levels, even as the company continues to perform well. However, Hasbro remains a widely held stock among institutional investors, indicating ongoing confidence in the company's long-term prospects.