Medallion Financial
MFIN
87 hedge funds and large institutions have $106M invested in Medallion Financial in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 24 closing their positions.
5% less funds holding
Funds holding: 92 → 87 (-5)
15% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 26
19% less capital invested
Capital invested by funds: $131M → $106M (-$25.2M)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
96% less call options, than puts
Call options by funds: $271K | Put options by funds: $6.17M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.41M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$2.44M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.63M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.63M |
| 5 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$8.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$7.83M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.06M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.22M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.86M |
MFIN Hedge Fund Activity: Q2 2014 in Review
87 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q2 2014, worth a combined $106M — down 19% from $131M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MFIN and 19 opened new positions — a net loss of 5 holders — while 26 trimmed existing stakes and 22 added.
The largest buyer was AllianceBernstein, adding an estimated $3.41M. The largest seller was Moab Capital Partners, cutting an estimated $8.9M.
- 87 institutional investors held Medallion Financial (MFIN) as of Q2 2014, down from 92 in Q1 2014.
- Funds reported $106M of Medallion Financial stock for Q2 2014, down 19% quarter-over-quarter.
- 19 funds opened new Medallion Financial positions in Q2 2014 and 24 closed out, a net change of -5 holders.
- The largest Medallion Financial buyer in Q2 2014 was AllianceBernstein, an estimated $3.41M added.
- The largest Medallion Financial seller in Q2 2014 was Moab Capital Partners, an estimated $8.9M sold.
Based on aggregated 13F filings for Q2 2014.