Medallion Financial
MFIN
44 hedge funds and large institutions have $10M invested in Medallion Financial in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 8 closing their positions.
25% more capital invested
Capital invested by funds: $8.03M → $10M (+$2M)
0.51% more ownership
Funds ownership: 16.78% → 17.29% (+0.51%)
6% less funds holding
Funds holding: 47 → 44 (-3)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
51% less call options, than puts
Call options by funds: $315K | Put options by funds: $641K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$341K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$262K |
| 3 |
JG
Jefferies Group
New York
|
+$162K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$111K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$86.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$176K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$130K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$107K |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$50.3K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$45.5K |
MFIN Hedge Fund Activity: Q2 2017 in Review
44 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q2 2017, worth a combined $10M — up 25% from $8.03M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MFIN and 5 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Corsair Capital Management, adding an estimated $341K. The largest seller was Millennium Management, cutting an estimated $176K.
- 44 institutional investors held Medallion Financial (MFIN) as of Q2 2017, down from 47 in Q1 2017.
- Funds reported $10M of Medallion Financial stock for Q2 2017, up 25% quarter-over-quarter.
- 5 funds opened new Medallion Financial positions in Q2 2017 and 8 closed out, a net change of -3 holders.
- The largest Medallion Financial buyer in Q2 2017 was Corsair Capital Management, an estimated $341K added.
- The largest Medallion Financial seller in Q2 2017 was Millennium Management, an estimated $176K sold.
Based on aggregated 13F filings for Q2 2017.