Medallion Financial
MFIN
61 hedge funds and large institutions have $40.9M invested in Medallion Financial in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 8 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
10% more capital invested
Capital invested by funds: $37M → $40.9M (+$3.86M)
3.63% more ownership
Funds ownership: 22.32% → 25.95% (+3.6%)
2% more funds holding
Funds holding: 60 → 61 (+1)
33% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $1.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.14M |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$1.34M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.02M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$671K |
| 5 |
BlackRock
New York
|
+$615K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.3M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$766K |
| 3 |
CCM
Corsair Capital Management
New York
|
-$433K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$270K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$254K |
MFIN Hedge Fund Activity: Q3 2019 in Review
61 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q3 2019, worth a combined $40.9M — up 10% from $37M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MFIN positions and 8 closed out — a net gain of 1 holder — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.14M. The largest seller was Morgan Stanley, cutting an estimated $1.3M.
- 61 institutional investors held Medallion Financial (MFIN) as of Q3 2019, up from 60 in Q2 2019.
- Funds reported $40.9M of Medallion Financial stock for Q3 2019, up 10% quarter-over-quarter.
- 9 funds opened new Medallion Financial positions in Q3 2019 and 8 closed out, a net change of +1 holder.
- The largest Medallion Financial buyer in Q3 2019 was Vanguard Group, an estimated $3.14M added.
- The largest Medallion Financial seller in Q3 2019 was Morgan Stanley, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2019.