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Medallion Financial

57 hedge funds and large institutions have $19.9M invested in Medallion Financial in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

8% more funds holding

Funds holding: 5357 (+4)

41% less capital invested

Capital invested by funds: $33.6M → $19.9M (-$13.7M)

44% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 18

67% less call options, than puts

Call options by funds: $510K | Put options by funds: $1.53M

Holders
57
Holders Change
+4
Holders Change %
+7.55%
% of All Funds
1.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
10
Reduced
18
Closed
5
Calls
$510K
Puts
$1.53M
Net Calls
-$1.02M
Net Calls Change
-$858K
Name Holding Trade Value Shares
Change
Change in
Stake
DC
26
Deere & Company
Illinois
$132K
GH
27
GAM Holding
Switzerland
$129K +$176K +30,473 New
First Manhattan
28
First Manhattan
New York
$113K -$28.9K -5,000 -16%
Deutsche Bank
29
Deutsche Bank
Germany
$96K -$252K -43,544 -66%
JMPWA
30
JP Morgan Private Wealth Advisors
California
$95K
MFS
31
MSI Financial Services
Massachusetts
$88K +$18.6K +3,222 +18%
VKH
32
Virtu KCG Holdings
New York
$79K +$109K +18,792 New
Citadel Advisors
33
Citadel Advisors
Florida
$75K +$103K +17,766 New
Goldman Sachs
34
Goldman Sachs
New York
$67K -$126K -21,747 -58%
Citigroup
35
Citigroup
New York
$57K -$787 -136 -1%
VFA
36
Voya Financial Advisors
Connecticut
$53K +$11.6K +2,000 +18%
GC
37
Guggenheim Capital
Illinois
$49K -$2.56K -443 -4%
Wells Fargo
38
Wells Fargo
California
$44K -$26K -4,499 -30%
ST
39
Spinnaker Trust
Maine
$42K
BI
40
Bulldog Investors
New Jersey
$42K +$57.9K +10,000 New
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$38K -$10.4K -1,800 -17%
LTFS
42
Ladenburg Thalmann Financial Services
Florida
$32K -$11.6K -2,000 -21%
KT
43
Kanaly Trust
Texas
$25K
TRCT
44
Tower Research Capital (TRC)
New York
$17K +$23.6K +4,084 New
PAM
45
Panagora Asset Management
Massachusetts
$15K
HCM
46
Highlander Capital Management
New Jersey
$13K
CG
47
Cutler Group
California
$10K -$81.6K -14,100 -84%
Bank of America
48
Bank of America
North Carolina
$6K -$2.45K -424 -22%
Creative Planning
49
Creative Planning
Kansas
$6K +$7.92K +1,368 +1,291%
LWM
50
LBA Wealth Management
Florida
$4K

MFIN Hedge Fund Activity: Q3 2016 in Review

57 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q3 2016, worth a combined $19.9M — down 41% from $33.6M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MFIN positions and 5 closed out — a net gain of 4 holders — while 10 added to existing stakes and 18 trimmed.

The largest buyer was Selz Capital, adding an estimated $579K. The largest seller was Morgan Stanley, cutting an estimated $317K.

  • 57 institutional investors held Medallion Financial (MFIN) as of Q3 2016, up from 53 in Q2 2016.
  • Funds reported $19.9M of Medallion Financial stock for Q3 2016, down 41% quarter-over-quarter.
  • 9 funds opened new Medallion Financial positions in Q3 2016 and 5 closed out, a net change of +4 holders.
  • The largest Medallion Financial buyer in Q3 2016 was Selz Capital, an estimated $579K added.
  • The largest Medallion Financial seller in Q3 2016 was Morgan Stanley, an estimated $317K sold.

Based on aggregated 13F filings for Q3 2016.