Mayville Engineering Co
MEC
78 hedge funds and large institutions have $141M invested in Mayville Engineering Co in 2021 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 5 closing their positions.
400% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 5
34% more funds holding
Funds holding: 58 → 78 (+20)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
3.5% less ownership
Funds ownership: 40.13% → 36.63% (-3.5%)
14% less capital invested
Capital invested by funds: $164M → $141M (-$23.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$3.48M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.79M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.8M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.63M |
| 5 |
Renaissance Technologies
New York
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.87M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.04M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$1.83M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WQ
76
Wealth Quarterback
Toms River,
New Jersey
| $1K | +$171 | +10 | New |
|
|
PA
77
Parallel Advisors
San Francisco,
California
| $1K | +$702 | +41 | New |
|
|
78
Fidelity Investments
Boston,
Massachusetts
| – | -$2.04M | -101,296 | Closed |
|
|
SCM
79
SG Capital Management
Chicago,
Illinois
| – | -$1.83M | -90,818 | Closed |
|
|
EI
80
EAM Investors
Solana Beach,
California
| – | -$1.66M | -82,686 | Closed |
|
|
VF
81
Virtu Financial
New York
| – | -$253K | -12,576 | Closed |
|
|
HIM
82
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$60K | -3,000 | Closed |
|
|
S
83
SignatureFD
Atlanta,
Georgia
| – | +$411 | +24 | New |
|
MEC Hedge Fund Activity: Q3 2021 in Review
78 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q3 2021, worth a combined $141M — down 14% from $164M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MEC positions and 5 closed out — a net gain of 20 holders — while 21 added to existing stakes and 22 trimmed.
The largest buyer was Tocqueville Asset Management, adding an estimated $3.48M. The largest seller was Wellington Management Group, cutting an estimated $18.1M.
- 78 institutional investors held Mayville Engineering Co (MEC) as of Q3 2021, up from 58 in Q2 2021.
- Funds reported $141M of Mayville Engineering Co stock for Q3 2021, down 14% quarter-over-quarter.
- 25 funds opened new Mayville Engineering Co positions in Q3 2021 and 5 closed out, a net change of +20 holders.
- The largest Mayville Engineering Co buyer in Q3 2021 was Tocqueville Asset Management, an estimated $3.48M added.
- The largest Mayville Engineering Co seller in Q3 2021 was Wellington Management Group, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2021.