Medallion Financial
MFIN
47 hedge funds and large institutions have $8.03M invested in Medallion Financial in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 15 closing their positions.
2.9% less ownership
Funds ownership: 19.68% → 16.78% (-2.9%)
11% less funds holding
Funds holding: 53 → 47 (-6)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
44% less capital invested
Capital invested by funds: $14.4M → $8.03M (-$6.35M)
84% less call options, than puts
Call options by funds: $88K | Put options by funds: $557K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$378K |
| 2 |
CCM
Corsair Capital Management
New York
|
+$332K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$171K |
| 4 |
Cerity Partners
New York
|
+$134K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.18M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$498K |
| 3 |
SC
Selz Capital
New York
|
-$390K |
| 4 |
VanEck Associates
New York
|
-$351K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$170K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Two Sigma Investments
New York
| – | -$91K | -30,071 | Closed |
|
52
Parallax Volatility Advisers
San Francisco,
California
| – | -$90K | -29,729 | Closed |
|
53
D.E. Shaw & Co
New York
| – | -$65K | -21,454 | Closed |
|
54
Simplex Trading
Chicago,
Illinois
| – | -$43K | -14,526 | Closed |
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$41K | -13,597 | Closed |
|
|
CS
56
Credit Suisse
Zurich,
Switzerland
| – | -$33K | -10,962 | Closed |
|
|
BI
57
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$30K | -10,000 | Closed |
|
58
First Manhattan
New York
| – | -$6K | -2,000 | Closed |
|
59
Bank of America
Charlotte,
North Carolina
| – | -$5K | -1,528 | Closed |
|
|
HI
60
Hudock Inc
Williamsport,
Pennsylvania
| – | -$3K | -1,250 | Closed |
|
MFIN Hedge Fund Activity: Q1 2017 in Review
47 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q1 2017, worth a combined $8.03M — down 44% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MFIN and 11 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $378K. The largest seller was UBS Group, cutting an estimated $1.18M.
- 47 institutional investors held Medallion Financial (MFIN) as of Q1 2017, down from 53 in Q4 2016.
- Funds reported $8.03M of Medallion Financial stock for Q1 2017, down 44% quarter-over-quarter.
- 11 funds opened new Medallion Financial positions in Q1 2017 and 15 closed out, a net change of -4 holders.
- The largest Medallion Financial buyer in Q1 2017 was Millennium Management, an estimated $378K added.
- The largest Medallion Financial seller in Q1 2017 was UBS Group, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2017.