Methode Electronics
MEI
217 hedge funds and large institutions have $1.44B invested in Methode Electronics in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 83 increasing their positions, 86 reducing their positions, and 31 closing their positions.
87% more call options, than puts
Call options by funds: $3.25M | Put options by funds: $1.74M
3% more capital invested
Capital invested by funds: $1.41B → $1.44B (+$37.9M)
0.08% more ownership
Funds ownership: 92.52% → 92.6% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 86
7% less funds holding
Funds holding: 234 → 217 (-17)
45% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$17.3M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$16.5M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$8.22M |
| 4 |
Renaissance Technologies
New York
|
+$5.74M |
| 5 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$33M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$11.5M |
| 3 |
Millennium Management
New York
|
-$7.19M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.45M |
| 5 |
Bank of New York Mellon
New York
|
-$2.57M |
MEI Hedge Fund Activity: Q3 2017 in Review
217 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q3 2017, worth a combined $1.44B — up 2.7% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MEI and 17 opened new positions — a net loss of 14 holders — while 86 trimmed existing stakes and 83 added.
The largest buyer was Wedge Capital Management, opening a new position worth an estimated $17.3M. The largest seller was Glenmede Trust, cutting an estimated $33M.
- 217 institutional investors held Methode Electronics (MEI) as of Q3 2017, down from 234 in Q2 2017.
- Funds reported $1.44B of Methode Electronics stock for Q3 2017, up 2.7% quarter-over-quarter.
- 17 funds opened new Methode Electronics positions in Q3 2017 and 31 closed out, a net change of -14 holders.
- The largest Methode Electronics buyer in Q3 2017 was Wedge Capital Management, an estimated $17.3M added.
- The largest Methode Electronics seller in Q3 2017 was Glenmede Trust, an estimated $33M sold.
Based on aggregated 13F filings for Q3 2017.