Medallion Financial
MFIN
47 hedge funds and large institutions have $15.7M invested in Medallion Financial in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 21 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8% more capital invested
Capital invested by funds: $14.6M → $15.7M (+$1.12M)
7.91% less ownership
Funds ownership: 31.81% → 23.9% (-7.9%)
11% less funds holding
Funds holding: 53 → 47 (-6)
28% less call options, than puts
Call options by funds: $86K | Put options by funds: $119K
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
62% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$645K |
| 2 |
GC
Gratia Capital
Los Angeles,
California
|
+$339K |
| 3 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$251K |
| 4 |
Jane Street
New York
|
+$162K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.39M |
| 2 |
KCM
Key Colony Management
Little Rock,
Arkansas
|
-$687K |
| 3 |
State Street
Boston,
Massachusetts
|
-$600K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$502K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$470K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
RhumbLine Advisers
Boston,
Massachusetts
| – | -$41K | -22,180 | Closed |
|
52
AllianceBernstein
Nashville,
Tennessee
| – | -$32K | -17,100 | Closed |
|
53
New York State Common Retirement Fund
Albany,
New York
| – | -$31K | -16,700 | Closed |
|
|
AIG
54
American International Group
New York
| – | -$23K | -12,214 | Closed |
|
55
VOYA Investment Management
Atlanta,
Georgia
| – | -$22K | -11,643 | Closed |
|
56
Victory Capital Management
San Antonio,
Texas
| – | -$14K | -7,258 | Closed |
|
57
Legal & General Group
London,
United Kingdom
| – | -$5K | -2,621 | Closed |
|
|
AIP
58
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$3K | -1,820 | Closed |
|
59
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -569 | Closed |
|
MFIN Hedge Fund Activity: Q2 2020 in Review
47 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q2 2020, worth a combined $15.7M — up 7.7% from $14.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MFIN and 8 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 8 added.
The largest buyer was Millennium Management, adding an estimated $645K. The largest seller was BlackRock, cutting an estimated $2.39M.
- 47 institutional investors held Medallion Financial (MFIN) as of Q2 2020, down from 53 in Q1 2020.
- Funds reported $15.7M of Medallion Financial stock for Q2 2020, up 7.7% quarter-over-quarter.
- 8 funds opened new Medallion Financial positions in Q2 2020 and 14 closed out, a net change of -6 holders.
- The largest Medallion Financial buyer in Q2 2020 was Millennium Management, an estimated $645K added.
- The largest Medallion Financial seller in Q2 2020 was BlackRock, an estimated $2.39M sold.
Based on aggregated 13F filings for Q2 2020.