Methode Electronics
MEI
163 hedge funds and large institutions have $949M invested in Methode Electronics in 2013 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 16 closing their positions.
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
67% more capital invested
Capital invested by funds: $567M → $949M (+$382M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more funds holding
Funds holding: 141 → 163 (+22)
0.31% less ownership
Funds ownership: 91.49% → 91.17% (-0.31%)
7% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 56
48% less call options, than puts
Call options by funds: $612K | Put options by funds: $1.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$15.4M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$9.49M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$8.64M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$7.11M |
| 5 |
ICRM
Insight Capital Research & Management
Walnut Creek,
California
|
+$6.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$21.1M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$13.6M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$9.97M |
| 4 |
KG
Killen Group
Berwyn,
Pennsylvania
|
-$8.05M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$5.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
176
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$227K | -13,337 | Closed |
|
|
PAM
177
Panagora Asset Management
Boston,
Massachusetts
| – | -$227K | -13,316 | Closed |
|
178
Nomura Holdings
Tokyo,
Japan
| – | -$224K | -13,193 | Closed |
|
|
RCM
179
Rotella Capital Management
Bellevue,
Washington
| – | -$208K | -12,200 | Closed |
|
|
OMCS
180
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$29K | -1,700 | Closed |
|
MEI Hedge Fund Activity: Q3 2013 in Review
163 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q3 2013, worth a combined $949M — up 67% from $567M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MEI positions and 16 closed out — a net gain of 22 holders — while 52 added to existing stakes and 56 trimmed.
The largest buyer was OppenheimerFunds, opening a new position worth an estimated $15.4M. The largest seller was Invesco, cutting an estimated $21.1M.
- 163 institutional investors held Methode Electronics (MEI) as of Q3 2013, up from 141 in Q2 2013.
- Funds reported $949M of Methode Electronics stock for Q3 2013, up 67% quarter-over-quarter.
- 38 funds opened new Methode Electronics positions in Q3 2013 and 16 closed out, a net change of +22 holders.
- The largest Methode Electronics buyer in Q3 2013 was OppenheimerFunds, an estimated $15.4M added.
- The largest Methode Electronics seller in Q3 2013 was Invesco, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2013.