Mayville Engineering Co
MEC
49 hedge funds and large institutions have $57.1M invested in Mayville Engineering Co in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 11 reducing their positions, and 9 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 11
1.16% more ownership
Funds ownership: 29.69% → 30.86% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 50 → 49 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
26% less capital invested
Capital invested by funds: $77.3M → $57.1M (-$20.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.75M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.55M |
| 3 |
Jennison Associates
New York
|
+$2.43M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$975K |
| 5 |
GC
Gratia Capital
Los Angeles,
California
|
+$861K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$4.35M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.17M |
| 3 |
OFCM
One Fin Capital Management
San Francisco,
California
|
-$2.89M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$715K |
| 5 |
RA
Royce & Associates
New York
|
-$563K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OFCM
51
One Fin Capital Management
San Francisco,
California
| – | -$2.89M | -219,411 | Closed |
|
|
ECM
52
Element Capital Management
New York
| – | -$423K | -32,034 | Closed |
|
|
MFIM
53
Mesirow Financial Investment Management
Chicago,
Illinois
| – | -$413K | -31,312 | Closed |
|
54
Squarepoint
New York
| – | -$380K | -28,821 | Closed |
|
55
Millennium Management
New York
| – | -$268K | -20,392 | Closed |
|
|
B
56
Bailard
Foster City,
California
| – | -$148K | -11,200 | Closed |
|
57
Victory Capital Management
San Antonio,
Texas
| – | -$15K | -1,135 | Closed |
|
|
PAM
58
Panagora Asset Management
Boston,
Massachusetts
| – | -$6K | -417 | Closed |
|
MEC Hedge Fund Activity: Q4 2019 in Review
49 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q4 2019, worth a combined $57.1M — down 26% from $77.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MEC and 8 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 25 added.
The largest buyer was Wells Fargo, adding an estimated $3.75M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $4.35M.
- 49 institutional investors held Mayville Engineering Co (MEC) as of Q4 2019, down from 50 in Q3 2019.
- Funds reported $57.1M of Mayville Engineering Co stock for Q4 2019, down 26% quarter-over-quarter.
- 8 funds opened new Mayville Engineering Co positions in Q4 2019 and 9 closed out, a net change of -1 holder.
- The largest Mayville Engineering Co buyer in Q4 2019 was Wells Fargo, an estimated $3.75M added.
- The largest Mayville Engineering Co seller in Q4 2019 was Gilder Gagnon Howe & Co, an estimated $4.35M sold.
Based on aggregated 13F filings for Q4 2019.