Mayville Engineering Co
MEC
52 hedge funds and large institutions have $49.7M invested in Mayville Engineering Co in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 7 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
42% more capital invested
Capital invested by funds: $35M → $49.7M (+$14.7M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2.52% more ownership
Funds ownership: 29.2% → 31.72% (+2.5%)
2% more funds holding
Funds holding: 51 → 52 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$1.58M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.09M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$673K |
| 4 |
BlackRock
New York
|
+$362K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.03M |
| 2 |
WANY
Wealthspire Advisors (New York)
New York
|
-$417K |
| 3 |
Jennison Associates
New York
|
-$108K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$69.1K |
| 5 |
Squarepoint
New York
|
-$63K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $3.42K | -$9.24K | -1,507 | -78% |
|
|
AIM
52
Anchor Investment Management
Columbia,
South Carolina
| $1.99K | – | – | – |
|
|
RA
53
Royce & Associates
New York
| – | -$1.03M | -167,818 | Closed |
|
|
WANY
54
Wealthspire Advisors (New York)
New York
| – | -$417K | -68,000 | Closed |
|
|
55
Squarepoint
New York
| – | -$63K | -10,341 | Closed |
|
56
Victory Capital Management
San Antonio,
Texas
| – | -$14K | -2,166 | Closed |
|
|
PCM
57
Prelude Capital Management
New York
| – | -$13K | -2,112 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -851 | Closed |
|
MEC Hedge Fund Activity: Q2 2020 in Review
52 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q2 2020, worth a combined $49.7M — up 42% from $35M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MEC positions and 7 closed out — a net gain of 1 holder — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Tocqueville Asset Management, adding an estimated $1.58M. The largest seller was Royce & Associates, exiting entirely with an estimated $1.03M sold.
- 52 institutional investors held Mayville Engineering Co (MEC) as of Q2 2020, up from 51 in Q1 2020.
- Funds reported $49.7M of Mayville Engineering Co stock for Q2 2020, up 42% quarter-over-quarter.
- 8 funds opened new Mayville Engineering Co positions in Q2 2020 and 7 closed out, a net change of +1 holder.
- The largest Mayville Engineering Co buyer in Q2 2020 was Tocqueville Asset Management, an estimated $1.58M added.
- The largest Mayville Engineering Co seller in Q2 2020 was Royce & Associates, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2020.