Methode Electronics
MEI
201 hedge funds and large institutions have $1.18B invested in Methode Electronics in 2016 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 72 increasing their positions, 62 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
39% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 23
31% more call options, than puts
Call options by funds: $4.31M | Put options by funds: $3.29M
21% more capital invested
Capital invested by funds: $979M → $1.18B (+$201M)
16% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 62
3% more funds holding
Funds holding: 195 → 201 (+6)
2.89% more ownership
Funds ownership: 90.67% → 93.56% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$23.4M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$15.2M |
| 3 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$9.02M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$9M |
| 5 |
Renaissance Technologies
New York
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Foresters Investment Management
New York
|
-$11.5M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$8.73M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$8.08M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$6.11M |
| 5 |
Morgan Stanley
New York
|
-$4.76M |
MEI Hedge Fund Activity: Q2 2016 in Review
201 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q2 2016, worth a combined $1.18B — up 21% from $979M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new MEI positions and 23 closed out — a net gain of 9 holders — while 72 added to existing stakes and 62 trimmed.
The largest buyer was Glenmede Trust, adding an estimated $23.4M. The largest seller was Foresters Investment Management, cutting an estimated $11.5M.
- 201 institutional investors held Methode Electronics (MEI) as of Q2 2016, up from 195 in Q1 2016.
- Funds reported $1.18B of Methode Electronics stock for Q2 2016, up 21% quarter-over-quarter.
- 32 funds opened new Methode Electronics positions in Q2 2016 and 23 closed out, a net change of +9 holders.
- The largest Methode Electronics buyer in Q2 2016 was Glenmede Trust, an estimated $23.4M added.
- The largest Methode Electronics seller in Q2 2016 was Foresters Investment Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2016.