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Medallion Financial

82 hedge funds and large institutions have $126M invested in Medallion Financial in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 34 increasing their positions, 23 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

122% more call options, than puts

Call options by funds: $2.22M | Put options by funds: $1M

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

48% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 23

7% more capital invested

Capital invested by funds: $118M → $126M (+$8.6M)

4% more funds holding

Funds holding: 7982 (+3)

Holders
82
Holders Change
+3
Holders Change %
+3.8%
% of All Funds
2.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
34
Reduced
23
Closed
3
Calls
$2.22M
Puts
$1M
Net Calls
+$1.22M
Net Calls Change
+$2.07M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$19.3M +$169K +11,542 +0.9%
BIT
2
BlackRock Institutional Trust
California
$11M -$359K -24,561 -3%
LSV Asset Management
3
LSV Asset Management
Illinois
$9.74M +$413K +28,209 +5%
BFA
4
BlackRock Fund Advisors
California
$8.03M +$801K +54,723 +11%
Vanguard Group
5
Vanguard Group
Pennsylvania
$7.46M +$77.8K +5,320 +1%
State Street
6
State Street
Massachusetts
$5.29M +$59.1K +4,037 +1%
Northern Trust
7
Northern Trust
Illinois
$4.88M +$259K +17,737 +6%
CIM
8
Confluence Investment Management
Missouri
$4.74M
U
9
UBS
Switzerland
$4.74M +$225K +15,366 +5%
Morgan Stanley
10
Morgan Stanley
New York
$4.44M -$971K -66,338 -18%
AAM
11
Advisors Asset Management
Colorado
$3.01M -$204K -13,927 -6%
PAM
12
Panagora Asset Management
Massachusetts
$2.53M +$22.6K +1,546 +0.9%
NC
13
Northpointe Capital
Michigan
$2.35M -$406K -27,785 -15%
GI
14
GAMCO Investors
Connecticut
$2.1M +$71.7K +4,900 +4%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$1.79M +$35.5K +2,428 +2%
Bank of America
16
Bank of America
North Carolina
$1.6M +$72.1K +4,927 +5%
WFM
17
Wilmington Funds Management
Delaware
$1.56M
HK
18
Horizon Kinetics
New York
$1.48M -$48.3K -3,300 -3%
TC
19
TFS Capital
Pennsylvania
$1.47M -$273K -18,646 -16%
PA
20
Pinnacle Associates
New York
$1.44M -$63.2K -4,321 -4%
TA
21
Teton Advisors
New York
$1.41M
MCP
22
Moab Capital Partners
New York
$1.34M -$41K -2,800 -3%
JP Morgan Chase
23
JP Morgan Chase
New York
$1.33M -$278K -19,034 -18%
TCIM
24
TIAA CREF Investment Management
New York
$1.32M +$24.9K +1,700 +2%
COPPSERS
25
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.31M -$281K -19,200 -18%

MFIN Hedge Fund Activity: Q3 2013 in Review

82 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q3 2013, worth a combined $126M — up 7.3% from $118M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new MFIN positions and 3 closed out — a net gain of 3 holders — while 34 added to existing stakes and 23 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $801K. The largest seller was Morgan Stanley, cutting an estimated $971K.

  • 82 institutional investors held Medallion Financial (MFIN) as of Q3 2013, up from 79 in Q2 2013.
  • Funds reported $126M of Medallion Financial stock for Q3 2013, up 7.3% quarter-over-quarter.
  • 6 funds opened new Medallion Financial positions in Q3 2013 and 3 closed out, a net change of +3 holders.
  • The largest Medallion Financial buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $801K added.
  • The largest Medallion Financial seller in Q3 2013 was Morgan Stanley, an estimated $971K sold.

Based on aggregated 13F filings for Q3 2013.