Medallion Financial
MFIN
53 hedge funds and large institutions have $14.6M invested in Medallion Financial in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 8 closing their positions.
36% more call options, than puts
Call options by funds: $60K | Put options by funds: $44K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.65% less ownership
Funds ownership: 33.46% → 31.81% (-1.7%)
5% less funds holding
Funds holding: 56 → 53 (-3)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
76% less capital invested
Capital invested by funds: $59.9M → $14.6M (-$45.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.25M |
| 2 |
BlackRock
New York
|
+$130K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$115K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$115K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Key Colony Management
Little Rock,
Arkansas
|
-$2.33M |
| 2 |
Morgan Stanley
New York
|
-$572K |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$369K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$241K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
51
Reilly Financial Advisors
La Mesa,
California
| $1K | – | – | – |
|
|
52
Parallax Volatility Advisers
San Francisco,
California
| – | -$369K | -50,813 | Closed |
|
|
53
Citadel Advisors
Miami,
Florida
| – | -$241K | -33,123 | Closed |
|
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$181K | -24,959 | Closed |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$94K | -12,916 | Closed |
|
|
PP
56
PDT Partners
New York
| – | -$81K | -11,196 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$44K | -6,032 | Closed |
|
|
SIC
58
Samalin Investment Counsel
Chappaqua,
New York
| – | -$4K | -583 | Closed |
|
|
SIC
59
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$4K | -576 | Closed |
|
|
BCA
60
Berman Capital Advisors
Atlanta,
Georgia
| – | -$156 | -28 | -6% |
|
|
ASN
61
Advisory Services Network
Atlanta,
Georgia
| – | +$167 | +30 | New |
|
MFIN Hedge Fund Activity: Q1 2020 in Review
53 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q1 2020, worth a combined $14.6M — down 76% from $59.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MFIN and 6 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was Wellington Management Group, adding an estimated $1.25M. The largest seller was Key Colony Management, cutting an estimated $2.33M.
- 53 institutional investors held Medallion Financial (MFIN) as of Q1 2020, down from 56 in Q4 2019.
- Funds reported $14.6M of Medallion Financial stock for Q1 2020, down 76% quarter-over-quarter.
- 6 funds opened new Medallion Financial positions in Q1 2020 and 8 closed out, a net change of -2 holders.
- The largest Medallion Financial buyer in Q1 2020 was Wellington Management Group, an estimated $1.25M added.
- The largest Medallion Financial seller in Q1 2020 was Key Colony Management, an estimated $2.33M sold.
Based on aggregated 13F filings for Q1 2020.