Mayville Engineering Co
MEC
97 hedge funds and large institutions have $179M invested in Mayville Engineering Co in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 20 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
105% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 20
31% more capital invested
Capital invested by funds: $137M → $179M (+$42.5M)
20% more funds holding
Funds holding: 81 → 97 (+16)
5.58% more ownership
Funds ownership: 46.79% → 52.37% (+5.6%)
7% less call options, than puts
Call options by funds: $476K | Put options by funds: $510K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$3.04M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.91M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$2.02M |
| 4 |
BlackRock
New York
|
+$1.89M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$2.9M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$595K |
| 3 |
SL
Sentinus LLC
Oak Brook,
Illinois
|
-$287K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$236K |
| 5 |
HCA
Hyperion Capital Advisors
New York
|
-$227K |
MEC Hedge Fund Activity: Q2 2024 in Review
97 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Mayville Engineering Co (MEC) for Q2 2024, worth a combined $179M — up 31% from $137M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MEC positions and 8 closed out — a net gain of 16 holders — while 41 added to existing stakes and 20 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $3.04M. The largest seller was Aegis Financial, cutting an estimated $2.9M.
- 97 institutional investors held Mayville Engineering Co (MEC) as of Q2 2024, up from 81 in Q1 2024.
- Funds reported $179M of Mayville Engineering Co stock for Q2 2024, up 31% quarter-over-quarter.
- 24 funds opened new Mayville Engineering Co positions in Q2 2024 and 8 closed out, a net change of +16 holders.
- The largest Mayville Engineering Co buyer in Q2 2024 was First Eagle Investment Management, an estimated $3.04M added.
- The largest Mayville Engineering Co seller in Q2 2024 was Aegis Financial, an estimated $2.9M sold.
Based on aggregated 13F filings for Q2 2024.