Mayville Engineering Co
MEC
76 hedge funds and large institutions have $117M invested in Mayville Engineering Co in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
37% more capital invested
Capital invested by funds: $85.4M → $117M (+$31.3M)
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
10% more funds holding
Funds holding: 69 → 76 (+7)
3.96% more ownership
Funds ownership: 34.71% → 38.67% (+4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$3.04M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.15M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.05M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.84M |
| 5 |
Morgan Stanley
New York
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.17M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$800K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$692K |
| 4 |
BlackRock
New York
|
-$627K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$606K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
76
Advisory Services Network
Atlanta,
Georgia
| $4.86K | -$1.82K | -125 | -28% |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $4K | -$481 | -33 | -11% |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$218K | -28,100 | Closed |
|
79
HSBC Holdings
London,
United Kingdom
| – | -$133K | -10,293 | Closed |
|
|
FWA
80
Freedom Wealth Alliance
Brookfield,
Wisconsin
| – | -$13.6K | -1,076 | Closed |
|
81
Rockefeller Capital Management
New York
| – | -$11K | -919 | Closed |
|
82
BNP Paribas Financial Markets
Paris,
France
| – | -$76 | -6 | Closed |
|
MEC Hedge Fund Activity: Q1 2023 in Review
76 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q1 2023, worth a combined $117M — up 37% from $85.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MEC positions and 6 closed out — a net gain of 7 holders — while 30 added to existing stakes and 22 trimmed.
The largest buyer was William Blair & Company, opening a new position worth an estimated $3.04M. The largest seller was Hillsdale Investment Management, cutting an estimated $3.17M.
- 76 institutional investors held Mayville Engineering Co (MEC) as of Q1 2023, up from 69 in Q4 2022.
- Funds reported $117M of Mayville Engineering Co stock for Q1 2023, up 37% quarter-over-quarter.
- 13 funds opened new Mayville Engineering Co positions in Q1 2023 and 6 closed out, a net change of +7 holders.
- The largest Mayville Engineering Co buyer in Q1 2023 was William Blair & Company, an estimated $3.04M added.
- The largest Mayville Engineering Co seller in Q1 2023 was Hillsdale Investment Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q1 2023.