Mastech Digital
32 hedge funds and large institutions have $23.9M invested in Mastech Digital in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 5 closing their positions.
37% more capital invested
Capital invested by funds: $17.5M → $23.9M (+$6.43M)
0.98% more ownership
Funds ownership: 15.69% → 16.67% (+0.98%)
11% less funds holding
Funds holding: 36 → 32 (-4)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
+$1.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$312K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$238K |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$218K |
| 5 |
RA
Royce & Associates
New York
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$221K |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$87.8K |
| 3 |
Renaissance Technologies
New York
|
-$87.5K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$67.7K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$54.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $25.7K | -$50 | -4 | -0.2% |
|
|
27
JP Morgan Chase
New York
| $13K | -$221K | -17,723 | -94% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $5K | -$3.45K | -276 | -40% |
|
|
RAM
29
Riggs Asset Management
Dallas,
Pennsylvania
| $2.64K | – | – | – |
|
|
HWM
30
HighMark Wealth Management
St. Paul,
Minnesota
| $1.42K | – | – | – |
|
|
AAS
31
Ameritas Advisory Services
Lincoln,
Nebraska
| $382 | +$387 | +31 | New |
|
32
Wells Fargo
San Francisco,
California
| $345 | – | – | – |
|
|
NA
33
NewEdge Advisors
New Orleans,
Louisiana
| – | -$67.7K | -6,145 | Closed |
|
34
Citigroup
New York
| – | -$7.44K | -676 | Closed |
|
35
UBS Group
Zurich,
Switzerland
| – | -$4.94K | -449 | Closed |
|
36
Rockefeller Capital Management
New York
| – | -$1K | -121 | Closed |
|
|
AA
37
Ancora Advisors
Cleveland,
Ohio
| – | -$1K | -46 | Closed |
|
MHH Hedge Fund Activity: Q1 2023 in Review
32 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Mastech Digital (MHH) for Q1 2023, worth a combined $23.9M — up 37% from $17.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MHH and 1 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 6 added.
The largest buyer was Capital Management, adding an estimated $1.3M. The largest seller was JP Morgan Chase, cutting an estimated $221K.
- 32 institutional investors held Mastech Digital (MHH) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $23.9M of Mastech Digital stock for Q1 2023, up 37% quarter-over-quarter.
- 1 fund opened new Mastech Digital positions in Q1 2023 and 5 closed out, a net change of -4 holders.
- The largest Mastech Digital buyer in Q1 2023 was Capital Management, an estimated $1.3M added.
- The largest Mastech Digital seller in Q1 2023 was JP Morgan Chase, an estimated $221K sold.
Based on aggregated 13F filings for Q1 2023.