Methode Electronics
MEI
197 hedge funds and large institutions have $1.51B invested in Methode Electronics in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 74 reducing their positions, and 18 closing their positions.
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
7.75% more ownership
Funds ownership: 88.8% → 96.54% (+7.7%)
7% more capital invested
Capital invested by funds: $1.42B → $1.51B (+$92.5M)
1% more funds holding
Funds holding: 195 → 197 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 74
53% less call options, than puts
Call options by funds: $715K | Put options by funds: $1.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.5M |
| 3 |
Millennium Management
New York
|
+$3.1M |
| 4 |
Cerity Partners
New York
|
+$2.91M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$17.1M |
| 2 |
BlackRock
New York
|
-$7.23M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$5.98M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.62M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.62M |
MEI Hedge Fund Activity: Q1 2023 in Review
197 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Methode Electronics (MEI) for Q1 2023, worth a combined $1.51B — up 6.5% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MEI positions and 18 closed out — a net gain of 3 holders — while 66 added to existing stakes and 74 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $31.2M. The largest seller was LSV Asset Management, cutting an estimated $17.1M.
- 197 institutional investors held Methode Electronics (MEI) as of Q1 2023, up from 195 in Q4 2022.
- Funds reported $1.51B of Methode Electronics stock for Q1 2023, up 6.5% quarter-over-quarter.
- 21 funds opened new Methode Electronics positions in Q1 2023 and 18 closed out, a net change of +3 holders.
- The largest Methode Electronics buyer in Q1 2023 was Fidelity Investments, an estimated $31.2M added.
- The largest Methode Electronics seller in Q1 2023 was LSV Asset Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2023.