Magnolia Oil & Gas Shares Sold by Rafferty Asset Management

Institutional investor reduces stake in energy company

Mar. 4, 2026 at 11:07am

Got story updates? Submit your updates here. ›

Rafferty Asset Management LLC reduced its holdings in shares of Magnolia Oil & Gas Corp (NYSE:MGY) by 20.0% in the 3rd quarter, according to the company's disclosure with the Securities & Exchange Commission. Rafferty Asset Management previously owned 179,677 shares of the energy company's stock, valued at $4,289,000.

Why it matters

This filing indicates that a major institutional investor has decreased its position in Magnolia Oil & Gas, which could signal a shift in market sentiment or portfolio adjustments by the asset manager.

The details

Rafferty Asset Management sold 44,852 shares of Magnolia Oil & Gas during the third quarter, reducing its total stake to 179,677 shares. The firm previously owned 0.10% of the company's outstanding shares. Magnolia Oil & Gas is an independent exploration and production company focused on the Eagle Ford Shale region in South Texas.

  • Rafferty Asset Management reduced its Magnolia Oil & Gas holdings in the 3rd quarter of 2026.
  • The filing with the SEC disclosing this change was made on March 4, 2026.

The players

Rafferty Asset Management LLC

An institutional investment firm that previously held a stake in Magnolia Oil & Gas.

Magnolia Oil & Gas Corp

An independent exploration and production company focused on the Eagle Ford Shale region in South Texas.

Got photos? Submit your photos here. ›

The takeaway

This filing indicates that Rafferty Asset Management has reduced its position in Magnolia Oil & Gas, potentially signaling a shift in market sentiment or portfolio adjustments by the institutional investor. The energy company's performance and outlook will likely be closely watched by investors going forward.