Medallion Financial
MFIN
40 hedge funds and large institutions have $19.7M invested in Medallion Financial in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 6 closing their positions.
32% more capital invested
Capital invested by funds: $14.9M → $19.7M (+$4.79M)
0.01% less ownership
Funds ownership: 17.36% → 17.35% (-0.01%)
1% less call options, than puts
Call options by funds: $780K | Put options by funds: $791K
11% less funds holding
Funds holding: 45 → 40 (-5)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$1.77M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$291K |
| 3 |
CCM
Corsair Capital Management
New York
|
+$281K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$133K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$92.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$1.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$243K |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$223K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$129K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$94K |
MFIN Hedge Fund Activity: Q1 2018 in Review
40 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Medallion Financial (MFIN) for Q1 2018, worth a combined $19.7M — up 32% from $14.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MFIN and 1 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was Second Curve Capital, adding an estimated $1.77M. The largest seller was LSV Asset Management, cutting an estimated $1.4M.
- 40 institutional investors held Medallion Financial (MFIN) as of Q1 2018, down from 45 in Q4 2017.
- Funds reported $19.7M of Medallion Financial stock for Q1 2018, up 32% quarter-over-quarter.
- 1 fund opened new Medallion Financial positions in Q1 2018 and 6 closed out, a net change of -5 holders.
- The largest Medallion Financial buyer in Q1 2018 was Second Curve Capital, an estimated $1.77M added.
- The largest Medallion Financial seller in Q1 2018 was LSV Asset Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2018.