Mayville Engineering Co
MEC
81 hedge funds and large institutions have $137M invested in Mayville Engineering Co in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
3% more funds holding
Funds holding: 79 → 81 (+2)
1.1% more ownership
Funds ownership: 45.69% → 46.79% (+1.1%)
2% more capital invested
Capital invested by funds: $134M → $137M (+$2.81M)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
52% less call options, than puts
Call options by funds: $307K | Put options by funds: $633K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$794K |
| 2 |
First Eagle Investment Management
New York
|
+$649K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$644K |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$610K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$446K |
| 2 |
MFIM
Mesirow Financial Investment Management
Chicago,
Illinois
|
-$371K |
| 3 |
BlackRock
New York
|
-$310K |
| 4 |
LPL Financial
San Diego,
California
|
-$261K |
| 5 |
Millennium Management
New York
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
76
Amalgamated Bank
New York
| $5K | -$8.41K | -645 | -63% |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $1.49K | -$11.7K | -893 | -90% |
|
78
Comerica Bank
Dallas,
Texas
| $1.29K | -$170 | -13 | -13% |
|
|
C
79
Covestor
London,
United Kingdom
| $1K | +$665 | +51 | New |
|
|
FPFS
80
First Personal Financial Services
Charlotte,
North Carolina
| $359 | – | – | – |
|
|
MFIM
81
Mesirow Financial Investment Management
Chicago,
Illinois
| – | -$371K | -27,888 | Closed |
|
|
82
Millennium Management
New York
| – | -$204K | -14,171 | Closed |
|
|
EGM
83
Engineers Gate Manager
New York
| – | -$157K | -10,872 | Closed |
|
84
Group One Trading
Chicago,
Illinois
| – | -$138K | -10,542 | Closed |
|
|
RWM
85
Ritholtz Wealth Management
New York
| – | -$145K | -10,028 | Closed |
|
86
Simplex Trading
Chicago,
Illinois
| – | -$13.3K | -1,016 | Closed |
|
|
DJSG
87
D.J. St. Germain
Springfield,
Massachusetts
| – | -$7.21K | -500 | Closed |
|
|
FFA
88
Farther Finance Advisors
San Francisco,
California
| – | -$43 | -3 | Closed |
|
89
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$52 | +4 | New |
|
MEC Hedge Fund Activity: Q1 2024 in Review
81 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q1 2024, worth a combined $137M — up 2.1% from $134M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MEC positions and 8 closed out — a net gain of 2 holders — while 23 added to existing stakes and 29 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $794K. The largest seller was Morgan Stanley, cutting an estimated $446K.
- 81 institutional investors held Mayville Engineering Co (MEC) as of Q1 2024, up from 79 in Q4 2023.
- Funds reported $137M of Mayville Engineering Co stock for Q1 2024, up 2.1% quarter-over-quarter.
- 10 funds opened new Mayville Engineering Co positions in Q1 2024 and 8 closed out, a net change of +2 holders.
- The largest Mayville Engineering Co buyer in Q1 2024 was Russell Investments Group, an estimated $794K added.
- The largest Mayville Engineering Co seller in Q1 2024 was Morgan Stanley, an estimated $446K sold.
Based on aggregated 13F filings for Q1 2024.