Methode Electronics
MEI
194 hedge funds and large institutions have $1.12B invested in Methode Electronics in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 82 reducing their positions, and 23 closing their positions.
2% less funds holding
Funds holding: 197 → 194 (-3)
6.53% less ownership
Funds ownership: 96.54% → 90.02% (-6.5%)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
26% less capital invested
Capital invested by funds: $1.51B → $1.12B (-$390M)
28% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 82
34% less call options, than puts
Call options by funds: $473K | Put options by funds: $714K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.59M |
| 4 |
Two Sigma Investments
New York
|
+$3.61M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$26M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$18M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$17M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$16.7M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$16.3M |
MEI Hedge Fund Activity: Q2 2023 in Review
194 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q2 2023, worth a combined $1.12B — down 26% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of MEI and 20 opened new positions — a net loss of 3 holders — while 82 trimmed existing stakes and 59 added.
The largest buyer was Fidelity Investments, adding an estimated $28.4M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $26M sold.
- 194 institutional investors held Methode Electronics (MEI) as of Q2 2023, down from 197 in Q1 2023.
- Funds reported $1.12B of Methode Electronics stock for Q2 2023, down 26% quarter-over-quarter.
- 20 funds opened new Methode Electronics positions in Q2 2023 and 23 closed out, a net change of -3 holders.
- The largest Methode Electronics buyer in Q2 2023 was Fidelity Investments, an estimated $28.4M added.
- The largest Methode Electronics seller in Q2 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $26M sold.
Based on aggregated 13F filings for Q2 2023.