Medallion Financial
MFIN
46 hedge funds and large institutions have $18M invested in Medallion Financial in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
10% more funds holding
Funds holding: 42 → 46 (+4)
1.38% less ownership
Funds ownership: 17.03% → 15.65% (-1.4%)
26% less call options, than puts
Call options by funds: $986K | Put options by funds: $1.34M
35% less capital invested
Capital invested by funds: $27.7M → $18M (-$9.69M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.32M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$658K |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$636K |
| 4 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$353K |
| 5 |
Millennium Management
New York
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$2.48M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$1.36M |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$955K |
| 4 |
Morgan Stanley
New York
|
-$408K |
| 5 |
BLA
Balter Liquid Alternatives
Boston,
Massachusetts
|
-$363K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| – | -$1K | -200 | Closed |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | +$6 | +1 | New |
|
|
WANY
53
Wealthspire Advisors (New York)
New York
| – | +$6 | +1 | New |
|
MFIN Hedge Fund Activity: Q4 2018 in Review
46 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q4 2018, worth a combined $18M — down 35% from $27.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MFIN positions and 8 closed out — a net gain of 4 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.32M. The largest seller was LSV Asset Management, cutting an estimated $2.48M.
- 46 institutional investors held Medallion Financial (MFIN) as of Q4 2018, up from 42 in Q3 2018.
- Funds reported $18M of Medallion Financial stock for Q4 2018, down 35% quarter-over-quarter.
- 12 funds opened new Medallion Financial positions in Q4 2018 and 8 closed out, a net change of +4 holders.
- The largest Medallion Financial buyer in Q4 2018 was Susquehanna International Group, an estimated $1.32M added.
- The largest Medallion Financial seller in Q4 2018 was LSV Asset Management, an estimated $2.48M sold.
Based on aggregated 13F filings for Q4 2018.