Methode Electronics
MEI
198 hedge funds and large institutions have $1.05B invested in Methode Electronics in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 68 increasing their positions, 82 reducing their positions, and 32 closing their positions.
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
1% less funds holding
Funds holding: 199 → 198 (-1)
3.27% less ownership
Funds ownership: 90.28% → 87.01% (-3.3%)
9% less capital invested
Capital invested by funds: $1.15B → $1.05B (-$106M)
17% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 82
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
56% less call options, than puts
Call options by funds: $3.03M | Put options by funds: $6.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Foresters Investment Management
New York
|
+$25.2M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$15.7M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$12.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.97M |
| 5 |
CCI
Columbus Circle Investors
|
+$9.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KG
Killen Group
Berwyn,
Pennsylvania
|
-$14.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$11.3M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$9.96M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.86M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.86M |
MEI Hedge Fund Activity: Q1 2014 in Review
198 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q1 2014, worth a combined $1.05B — down 9.2% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MEI positions and 32 closed out — a net gain of 1 holder — while 68 added to existing stakes and 82 trimmed.
The largest buyer was Foresters Investment Management, adding an estimated $25.2M. The largest seller was Killen Group, cutting an estimated $14.2M.
- 198 institutional investors held Methode Electronics (MEI) as of Q1 2014, down from 199 in Q4 2013.
- Funds reported $1.05B of Methode Electronics stock for Q1 2014, down 9.2% quarter-over-quarter.
- 33 funds opened new Methode Electronics positions in Q1 2014 and 32 closed out, a net change of +1 holder.
- The largest Methode Electronics buyer in Q1 2014 was Foresters Investment Management, an estimated $25.2M added.
- The largest Methode Electronics seller in Q1 2014 was Killen Group, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2014.