Medallion Financial
MFIN
48 hedge funds and large institutions have $25.3M invested in Medallion Financial in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 12 closing their positions.
41% more capital invested
Capital invested by funds: $18M → $25.3M (+$7.35M)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
4% more funds holding
Funds holding: 46 → 48 (+2)
0.62% less ownership
Funds ownership: 15.65% → 15.03% (-0.62%)
59% less call options, than puts
Call options by funds: $961K | Put options by funds: $2.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.31M |
| 2 |
Morgan Stanley
New York
|
+$1.33M |
| 3 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$1.24M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$410K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$1.82M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.14M |
| 3 |
SC
Seacliff Capital
Southport,
Connecticut
|
-$528K |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$504K |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$388K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EI
51
EAM Investors
Solana Beach,
California
| – | -$388K | -82,672 | Closed |
|
|
OIA
52
Optimum Investment Advisors
Chicago,
Illinois
| – | -$281K | -60,000 | Closed |
|
53
Millennium Management
New York
| – | -$234K | -49,984 | Closed |
|
|
OAM
54
Oxford Asset Management
Oxford,
United Kingdom
| – | -$132K | -28,043 | Closed |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$70K | -14,933 | Closed |
|
56
Invesco
Atlanta,
Georgia
| – | -$65K | -13,875 | Closed |
|
57
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$7K | -1,500 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$53 | +9 | New |
|
MFIN Hedge Fund Activity: Q1 2019 in Review
48 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q1 2019, worth a combined $25.3M — up 41% from $18M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MFIN positions and 12 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $2.31M. The largest seller was LSV Asset Management, exiting entirely with an estimated $1.82M sold.
- 48 institutional investors held Medallion Financial (MFIN) as of Q1 2019, up from 46 in Q4 2018.
- Funds reported $25.3M of Medallion Financial stock for Q1 2019, up 41% quarter-over-quarter.
- 14 funds opened new Medallion Financial positions in Q1 2019 and 12 closed out, a net change of +2 holders.
- The largest Medallion Financial buyer in Q1 2019 was Wellington Management Group, an estimated $2.31M added.
- The largest Medallion Financial seller in Q1 2019 was LSV Asset Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2019.