Medallion Financial
MFIN
56 hedge funds and large institutions have $34.7M invested in Medallion Financial in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 6 closing their positions.
304% more call options, than puts
Call options by funds: $1.12M | Put options by funds: $276K
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
8% more capital invested
Capital invested by funds: $32.2M → $34.7M (+$2.53M)
6% more funds holding
Funds holding: 53 → 56 (+3)
0.35% less ownership
Funds ownership: 19.69% → 19.34% (-0.35%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$981K |
| 2 |
Jane Street
New York
|
+$543K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$397K |
| 4 |
Citigroup
New York
|
+$313K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$669K |
| 2 |
KCM
Key Colony Management
Little Rock,
Arkansas
|
-$564K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$402K |
| 4 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$357K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $11.5K | -$4.02K | -500 | -25% |
|
52
Wells Fargo
San Francisco,
California
| $6.34K | +$24 | +3 | +0.4% |
|
|
HS
53
Horan Securities
Cincinnati,
United States
| $3.83K | – | – | – |
|
54
Fidelity Investments
Boston,
Massachusetts
| $1.94K | +$56 | +7 | +3% |
|
55
BNP Paribas Financial Markets
Paris,
France
| $882 | – | – | – |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| $230 | – | – | – |
|
|
KFI
57
Key Financial Inc
West Chester,
Pennsylvania
| $46 | – | – | – |
|
|
KCM
58
Key Colony Management
Little Rock,
Arkansas
| – | -$564K | -79,007 | Closed |
|
|
PCA
59
PL Capital Advisors
Naples,
Florida
| – | -$357K | -50,000 | Closed |
|
|
60
Invesco
Atlanta,
Georgia
| – | -$339K | -47,534 | Closed |
|
|
TI
61
Trexquant Investment
Stamford,
Connecticut
| – | -$163K | -22,768 | Closed |
|
|
MFS
62
Mirabella Financial Services
London,
United Kingdom
| – | -$85.1K | -11,913 | Closed |
|
63
Charles Schwab
San Francisco,
California
| – | -$74.9K | -10,486 | Closed |
|
MFIN Hedge Fund Activity: Q1 2023 in Review
56 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q1 2023, worth a combined $34.7M — up 7.9% from $32.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MFIN positions and 6 closed out — a net gain of 4 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $981K. The largest seller was Tieton Capital Management, cutting an estimated $669K.
- 56 institutional investors held Medallion Financial (MFIN) as of Q1 2023, up from 53 in Q4 2022.
- Funds reported $34.7M of Medallion Financial stock for Q1 2023, up 7.9% quarter-over-quarter.
- 10 funds opened new Medallion Financial positions in Q1 2023 and 6 closed out, a net change of +4 holders.
- The largest Medallion Financial buyer in Q1 2023 was Millennium Management, an estimated $981K added.
- The largest Medallion Financial seller in Q1 2023 was Tieton Capital Management, an estimated $669K sold.
Based on aggregated 13F filings for Q1 2023.