Methode Electronics
MEI
197 hedge funds and large institutions have $992M invested in Methode Electronics in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 78 reducing their positions, and 38 closing their positions.
2.15% less ownership
Funds ownership: 95.09% → 92.94% (-2.2%)
9% less capital invested
Capital invested by funds: $1.1B → $992M (-$104M)
10% less funds holding
Funds holding: 219 → 197 (-22)
22% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 78
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
55% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 38
57% less call options, than puts
Call options by funds: $775K | Put options by funds: $1.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$14.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$10.6M |
| 3 |
AI
Atom Investors
Austin,
Texas
|
+$3.45M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
+$2.89M |
| 5 |
CEI
Clark Estates Inc
New York
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$7.17M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$4.52M |
| 3 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$4.42M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.84M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$3.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$8K | -250 | Closed |
|
|
LWM
227
Liberty Wealth Management
Oakland,
California
| – | -$5K | -173 | Closed |
|
|
CLOS
228
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$5K | -150 | Closed |
|
|
SIM
229
Sonora Investment Management
Tucson,
Arizona
| – | -$3K | -109 | Closed |
|
230
Robeco Institutional Asset Management
Rotterdam,
Netherlands
| – | -$3K | -83 | Closed |
|
|
SF
231
Synovus Financial
Columbus,
Georgia
| – | -$1K | -34 | Closed |
|
|
PHK
232
Point72 Hong Kong
Hong Kong
| – | +$260 | +9 | New |
|
MEI Hedge Fund Activity: Q3 2020 in Review
197 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q3 2020, worth a combined $992M — down 9.5% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of MEI and 17 opened new positions — a net loss of 21 holders — while 78 trimmed existing stakes and 61 added.
The largest buyer was Clark Capital Management Group, adding an estimated $14.6M. The largest seller was Renaissance Technologies, cutting an estimated $7.17M.
- 197 institutional investors held Methode Electronics (MEI) as of Q3 2020, down from 219 in Q2 2020.
- Funds reported $992M of Methode Electronics stock for Q3 2020, down 9.5% quarter-over-quarter.
- 17 funds opened new Methode Electronics positions in Q3 2020 and 38 closed out, a net change of -21 holders.
- The largest Methode Electronics buyer in Q3 2020 was Clark Capital Management Group, an estimated $14.6M added.
- The largest Methode Electronics seller in Q3 2020 was Renaissance Technologies, an estimated $7.17M sold.
Based on aggregated 13F filings for Q3 2020.