Methode Electronics
MEI
166 hedge funds and large institutions have $353M invested in Methode Electronics in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 58 increasing their positions, 57 reducing their positions, and 42 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 57
5% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 42
1.03% less ownership
Funds ownership: 97.37% → 96.35% (-1%)
2% less funds holding
Funds holding: 170 → 166 (-4)
16% less capital invested
Capital invested by funds: $422M → $353M (-$69M)
58% less call options, than puts
Call options by funds: $620K | Put options by funds: $1.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10.9M |
| 2 |
D.E. Shaw & Co
New York
|
+$10.7M |
| 3 |
Morgan Stanley
New York
|
+$7.6M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$6.27M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$32.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.71M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$4.17M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.13M |
MEI Hedge Fund Activity: Q2 2024 in Review
166 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q2 2024, worth a combined $353M — down 16% from $422M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of MEI and 40 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 58 added.
The largest buyer was Federated Hermes, adding an estimated $10.9M. The largest seller was BlackRock, cutting an estimated $32.6M.
- 166 institutional investors held Methode Electronics (MEI) as of Q2 2024, down from 170 in Q1 2024.
- Funds reported $353M of Methode Electronics stock for Q2 2024, down 16% quarter-over-quarter.
- 40 funds opened new Methode Electronics positions in Q2 2024 and 42 closed out, a net change of -2 holders.
- The largest Methode Electronics buyer in Q2 2024 was Federated Hermes, an estimated $10.9M added.
- The largest Methode Electronics seller in Q2 2024 was BlackRock, an estimated $32.6M sold.
Based on aggregated 13F filings for Q2 2024.