Methode Electronics
MEI
170 hedge funds and large institutions have $422M invested in Methode Electronics in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 32 closing their positions.
0.46% more ownership
Funds ownership: 96.92% → 97.37% (+0.46%)
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
4% less funds holding
Funds holding: 177 → 170 (-7)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
46% less capital invested
Capital invested by funds: $785M → $422M (-$363M)
47% less call options, than puts
Call options by funds: $949K | Put options by funds: $1.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$14.2M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$12.7M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$10.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.36M |
| 5 |
D.E. Shaw & Co
New York
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
-$34.7M |
| 2 |
Morgan Stanley
New York
|
-$16.5M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$12.5M |
| 4 |
RA
Royce & Associates
New York
|
-$10.6M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$6.4M |
MEI Hedge Fund Activity: Q1 2024 in Review
170 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q1 2024, worth a combined $422M — down 46% from $785M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of MEI and 25 opened new positions — a net loss of 7 holders — while 65 trimmed existing stakes and 62 added.
The largest buyer was Goldman Sachs, adding an estimated $14.2M. The largest seller was EARNEST Partners, exiting entirely with an estimated $34.7M sold.
- 170 institutional investors held Methode Electronics (MEI) as of Q1 2024, down from 177 in Q4 2023.
- Funds reported $422M of Methode Electronics stock for Q1 2024, down 46% quarter-over-quarter.
- 25 funds opened new Methode Electronics positions in Q1 2024 and 32 closed out, a net change of -7 holders.
- The largest Methode Electronics buyer in Q1 2024 was Goldman Sachs, an estimated $14.2M added.
- The largest Methode Electronics seller in Q1 2024 was EARNEST Partners, an estimated $34.7M sold.
Based on aggregated 13F filings for Q1 2024.