MidCap Financial Investment
MFIC
153 hedge funds and large institutions have $419M invested in MidCap Financial Investment in 2019 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 51 reducing their positions, and 39 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more capital invested
Capital invested by funds: $387M → $419M (+$31.9M)
2.87% less ownership
Funds ownership: 44.22% → 41.35% (-2.9%)
8% less funds holding
Funds holding: 166 → 153 (-13)
14% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 51
31% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 39
63% less call options, than puts
Call options by funds: $970K | Put options by funds: $2.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.72M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.65M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$2.33M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$13.3M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$11.7M |
| 3 |
MC
Muzinich & Co
New York
|
-$6.28M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$3.63M |
| 5 |
LCS
Levin Capital Strategies
New York
|
-$3.25M |
MFIC Hedge Fund Activity: Q1 2019 in Review
153 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in MidCap Financial Investment (MFIC) for Q1 2019, worth a combined $419M — up 8.2% from $387M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of MFIC and 27 opened new positions — a net loss of 12 holders — while 51 trimmed existing stakes and 44 added.
The largest buyer was Wells Fargo, adding an estimated $5.9M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $13.3M.
- 153 institutional investors held MidCap Financial Investment (MFIC) as of Q1 2019, down from 166 in Q4 2018.
- Funds reported $419M of MidCap Financial Investment stock for Q1 2019, up 8.2% quarter-over-quarter.
- 27 funds opened new MidCap Financial Investment positions in Q1 2019 and 39 closed out, a net change of -12 holders.
- The largest MidCap Financial Investment buyer in Q1 2019 was Wells Fargo, an estimated $5.9M added.
- The largest MidCap Financial Investment seller in Q1 2019 was Fuller & Thaler Asset Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2019.