Medallion Financial
MFIN
91 hedge funds and large institutions have $131M invested in Medallion Financial in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 17 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
7% less funds holding
Funds holding: 98 → 91 (-7)
8% less capital invested
Capital invested by funds: $142M → $131M (-$10.9M)
24% less call options, than puts
Call options by funds: $983K | Put options by funds: $1.29M
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$9.28M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$4.64M |
| 3 |
Morgan Stanley
New York
|
+$916K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$601K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$452K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$6.81M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.77M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.45M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.28M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
101
Dynamic Technology Lab
Singapore
| – | -$148K | -10,325 | Closed |
|
102
Jane Street
New York
| – | -$146K | -10,141 | Closed |
|
103
Invesco
Atlanta,
Georgia
| – | -$126K | -8,786 | Closed |
|
104
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$14K | -1,000 | Closed |
|
|
MFS
105
MSI Financial Services
Springfield,
Massachusetts
| – | -$11K | -800 | Closed |
|
106
Parallax Volatility Advisers
San Francisco,
California
| – | -$10K | -687 | Closed |
|
107
BNP Paribas Financial Markets
Paris,
France
| – | -$3.46K | -241 | Closed |
|
|
NES
108
New England Securities
New York
| – | -$3K | -238 | Closed |
|
MFIN Hedge Fund Activity: Q1 2014 in Review
91 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q1 2014, worth a combined $131M — down 7.7% from $142M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MFIN and 11 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 32 added.
The largest buyer was Moab Capital Partners, adding an estimated $9.28M. The largest seller was BlackRock Institutional Trust, cutting an estimated $6.81M.
- 91 institutional investors held Medallion Financial (MFIN) as of Q1 2014, down from 98 in Q4 2013.
- Funds reported $131M of Medallion Financial stock for Q1 2014, down 7.7% quarter-over-quarter.
- 11 funds opened new Medallion Financial positions in Q1 2014 and 17 closed out, a net change of -6 holders.
- The largest Medallion Financial buyer in Q1 2014 was Moab Capital Partners, an estimated $9.28M added.
- The largest Medallion Financial seller in Q1 2014 was BlackRock Institutional Trust, an estimated $6.81M sold.
Based on aggregated 13F filings for Q1 2014.