Mayville Engineering Co
MEC
116 hedge funds and large institutions have $246M invested in Mayville Engineering Co in 2024 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 48 increasing their positions, 22 reducing their positions, and 14 closing their positions.
136% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 14
118% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 22
37% more capital invested
Capital invested by funds: $179M → $246M (+$67.2M)
20% more funds holding
Funds holding: 97 → 116 (+19)
4.29% more ownership
Funds ownership: 52.37% → 56.67% (+4.3%)
46% less call options, than puts
Call options by funds: $65K | Put options by funds: $120K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Globeflex Capital
San Diego,
California
|
+$2.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.6M |
| 3 |
Renaissance Technologies
New York
|
+$1.96M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.91M |
| 5 |
Goldman Sachs
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.95M |
| 3 |
RA
Royce & Associates
New York
|
-$1.86M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$806K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Two Sigma Investments
New York
| – | -$183K | -10,978 | Closed |
|
127
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$168K | -10,083 | Closed |
|
|
CAM
128
Cresset Asset Management
Chicago,
Illinois
| – | -$167K | -10,000 | Closed |
|
|
NRG
129
Nemes Rush Group
Novi,
Michigan
| – | -$3.33K | -200 | Closed |
|
|
FPFS
130
First Personal Financial Services
Charlotte,
North Carolina
| – | -$417 | -25 | Closed |
|
MEC Hedge Fund Activity: Q3 2024 in Review
116 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q3 2024, worth a combined $246M — up 37% from $179M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MEC positions and 14 closed out — a net gain of 19 holders — while 48 added to existing stakes and 22 trimmed.
The largest buyer was Globeflex Capital, opening a new position worth an estimated $2.7M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $2M sold.
- 116 institutional investors held Mayville Engineering Co (MEC) as of Q3 2024, up from 97 in Q2 2024.
- Funds reported $246M of Mayville Engineering Co stock for Q3 2024, up 37% quarter-over-quarter.
- 33 funds opened new Mayville Engineering Co positions in Q3 2024 and 14 closed out, a net change of +19 holders.
- The largest Mayville Engineering Co buyer in Q3 2024 was Globeflex Capital, an estimated $2.7M added.
- The largest Mayville Engineering Co seller in Q3 2024 was Kennedy Capital Management, an estimated $2M sold.
Based on aggregated 13F filings for Q3 2024.