Medallion Financial
MFIN
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.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
8% more funds holding
Funds holding: 53 → 57 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Selz Capital
New York
|
+$579K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$364K |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$263K |
| 4 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$220K |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$317K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$252K |
| 3 |
PCC
Park Circle Company
Baltimore,
Maryland
|
-$148K |
| 4 |
Goldman Sachs
New York
|
-$126K |
| 5 |
Two Sigma Advisers
New York
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
51
WealthPLAN Partners
Omaha,
Nebraska
| $3.41K | – | – | – |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | – | – | – |
|
|
HI
53
Hudock Inc
Williamsport,
Pennsylvania
| $3K | +$4.34K | +750 | New |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| $1K | -$3.37K | -583 | -74% |
|
|
AIM
55
Acrospire Investment Management
Chicago,
Illinois
| $1K | +$1.41K | +243 | New |
|
|
LCS
56
Levin Capital Strategies
New York
| $63 | +$86.2K | +14,905 | New |
|
|
PCC
57
Park Circle Company
Baltimore,
Maryland
| – | -$148K | -20,000 | Closed |
|
58
CIBC World Market
Toronto,
Ontario, Canada
| – | -$75K | -10,213 | Closed |
|
|
PPA
59
Parametric Portfolio Associates
Seattle,
Washington
| – | -$74K | -10,029 | Closed |
|
|
HCS
60
Harvest Capital Strategies
San Francisco,
California
| – | -$22K | -3,000 | Closed |
|
61
Simplex Trading
Chicago,
Illinois
| – | -$509 | -88 | Closed |
|
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.