Mastech Digital
36 hedge funds and large institutions have $20.5M invested in Mastech Digital in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
850% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 2
80% more funds holding
Funds holding: 20 → 36 (+16)
71% more capital invested
Capital invested by funds: $12M → $20.5M (+$8.56M)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
4.47% more ownership
Funds ownership: 9.81% → 14.28% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.25M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.02M |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$879K |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
+$594K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
-$251K |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$202K |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$143K |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$127K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$35.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $17K | +$11.6K | +911 | +228% |
|
27
Victory Capital Management
San Antonio,
Texas
| $14K | +$13.6K | +1,070 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $14K | +$13.8K | +1,090 | New |
|
|
PCM
29
Prelude Capital Management
New York
| $10K | -$35.4K | -2,788 | -78% |
|
|
TC
30
Truvestments Capital
Sarasota,
Florida
| $10K | +$10.2K | +800 | New |
|
31
Citigroup
New York
| $5K | +$4.83K | +380 | New |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | +$2.45K | +193 | +339% |
|
33
Wells Fargo
San Francisco,
California
| $4K | +$4.05K | +319 | New |
|
|
RAM
34
Riggs Asset Management
Dallas,
Pennsylvania
| $2K | – | – | – |
|
35
Federated Hermes
Pittsburgh,
Pennsylvania
| $2K | +$1.98K | +156 | New |
|
|
NA
36
NewEdge Advisors
New Orleans,
Louisiana
| – | -$202K | -18,262 | Closed |
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$29K | -2,620 | Closed |
|
38
UBS Group
Zurich,
Switzerland
| – | -$15.2K | -1,199 | -100% |
|
MHH Hedge Fund Activity: Q1 2020 in Review
36 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Mastech Digital (MHH) for Q1 2020, worth a combined $20.5M — up 71% from $12M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MHH positions and 2 closed out — a net gain of 17 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Hillsdale Investment Management, opening a new position worth an estimated $2.25M. The largest seller was Capital Management, cutting an estimated $251K.
- 36 institutional investors held Mastech Digital (MHH) as of Q1 2020, up from 20 in Q4 2019.
- Funds reported $20.5M of Mastech Digital stock for Q1 2020, up 71% quarter-over-quarter.
- 19 funds opened new Mastech Digital positions in Q1 2020 and 2 closed out, a net change of +17 holders.
- The largest Mastech Digital buyer in Q1 2020 was Hillsdale Investment Management, an estimated $2.25M added.
- The largest Mastech Digital seller in Q1 2020 was Capital Management, an estimated $251K sold.
Based on aggregated 13F filings for Q1 2020.