Mayville Engineering Co
MEC
50 hedge funds and large institutions have $77.3M invested in Mayville Engineering Co in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 12 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
0.34% more ownership
Funds ownership: 29.35% → 29.69% (+0.34%)
4% less capital invested
Capital invested by funds: $80.4M → $77.3M (-$3.11M)
6% less funds holding
Funds holding: 53 → 50 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.21M |
| 2 |
RA
Royce & Associates
New York
|
+$4M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
+$1.22M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$701K |
| 5 |
BlackRock
New York
|
+$622K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFCM
One Fin Capital Management
San Francisco,
California
|
-$2.95M |
| 2 |
RC
Roubaix Capital
Denver,
Colorado
|
-$1.88M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.79M |
| 4 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$1.69M |
| 5 |
ECM
Element Capital Management
New York
|
-$995K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RC
51
Roubaix Capital
Denver,
Colorado
| – | -$1.88M | -136,332 | Closed |
|
|
52
Norges Bank
Oslo,
Norway
| – | -$1.79M | -130,000 | Closed |
|
|
AAM
53
ACK Asset Management
Greenwich,
Connecticut
| – | -$1.69M | -100,000 | Closed |
|
|
DIM
54
DC Investments Management
Mclean,
Virginia
| – | -$503K | -36,430 | Closed |
|
|
CSS
55
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$288K | -20,863 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$233K | -16,852 | Closed |
|
|
FIA
57
FNY Investment Advisers
New York
| – | -$59K | -4,340 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$39K | -2,811 | Closed |
|
59
Russell Investments Group
London,
United Kingdom
| – | -$28K | -2,015 | Closed |
|
|
CCA
60
Catalyst Capital Advisors
Huntington,
New York
| – | -$6K | -410 | Closed |
|
|
PHK
61
Point72 Hong Kong
Hong Kong
| – | -$6K | -403 | Closed |
|
62
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -100 | Closed |
|
MEC Hedge Fund Activity: Q3 2019 in Review
50 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q3 2019, worth a combined $77.3M — down 3.9% from $80.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MEC and 9 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Wells Fargo, adding an estimated $4.21M. The largest seller was One Fin Capital Management, cutting an estimated $2.95M.
- 50 institutional investors held Mayville Engineering Co (MEC) as of Q3 2019, down from 53 in Q2 2019.
- Funds reported $77.3M of Mayville Engineering Co stock for Q3 2019, down 3.9% quarter-over-quarter.
- 9 funds opened new Mayville Engineering Co positions in Q3 2019 and 12 closed out, a net change of -3 holders.
- The largest Mayville Engineering Co buyer in Q3 2019 was Wells Fargo, an estimated $4.21M added.
- The largest Mayville Engineering Co seller in Q3 2019 was One Fin Capital Management, an estimated $2.95M sold.
Based on aggregated 13F filings for Q3 2019.