Mayville Engineering Co
MEC
51 hedge funds and large institutions have $35M invested in Mayville Engineering Co in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
4% more funds holding
Funds holding: 49 → 51 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.66% less ownership
Funds ownership: 30.86% → 29.2% (-1.7%)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
39% less capital invested
Capital invested by funds: $57.1M → $35M (-$22.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$971K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$603K |
| 3 |
WANY
Wealthspire Advisors (New York)
New York
|
+$510K |
| 4 |
NISOA
National Investment Services of America
Milwaukee,
Wisconsin
|
+$387K |
| 5 |
TAM
Tocqueville Asset Management
New York
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$2.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.31M |
| 3 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$1.09M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$657K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$606K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
51
Skylands Capital
Milwaukee,
Wisconsin
| – | -$1.09M | -116,645 | Closed |
|
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$657K | -70,000 | Closed |
|
|
53
Ameriprise
Minneapolis,
Minnesota
| – | -$606K | -64,604 | Closed |
|
54
Goldman Sachs
New York
| – | -$329K | -35,109 | Closed |
|
|
PCM
55
Pentwater Capital Management
Naples,
Florida
| – | -$281K | -30,000 | Closed |
|
56
Marshall Wace
London,
United Kingdom
| – | -$213K | -22,707 | Closed |
|
57
Acadian Asset Management
Boston,
Massachusetts
| – | -$15K | -1,571 | Closed |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$8K | -803 | Closed |
|
|
BBHC
59
Brown Brothers Harriman & Co
New York
| – | +$540 | +72 | New |
|
MEC Hedge Fund Activity: Q1 2020 in Review
51 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q1 2020, worth a combined $35M — down 39% from $57.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MEC positions and 8 closed out — a net gain of 3 holders — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $971K. The largest seller was Royce & Associates, cutting an estimated $2.39M.
- 51 institutional investors held Mayville Engineering Co (MEC) as of Q1 2020, up from 49 in Q4 2019.
- Funds reported $35M of Mayville Engineering Co stock for Q1 2020, down 39% quarter-over-quarter.
- 11 funds opened new Mayville Engineering Co positions in Q1 2020 and 8 closed out, a net change of +3 holders.
- The largest Mayville Engineering Co buyer in Q1 2020 was Wellington Management Group, an estimated $971K added.
- The largest Mayville Engineering Co seller in Q1 2020 was Royce & Associates, an estimated $2.39M sold.
Based on aggregated 13F filings for Q1 2020.