Mastech Digital
34 hedge funds and large institutions have $19M invested in Mastech Digital in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
6% more funds holding
Funds holding: 32 → 34 (+2)
0.14% less ownership
Funds ownership: 16.67% → 16.53% (-0.14%)
20% less capital invested
Capital invested by funds: $23.9M → $19M (-$4.89M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Capital Management
Glen Allen,
Virginia
|
+$1.97M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$531K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$452K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$344K |
| 5 |
Renaissance Technologies
New York
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.82M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.64M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$733K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$231K |
| 5 |
Millennium Management
New York
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $34.6K | – | – | – |
|
27
Morgan Stanley
New York
| $21.2K | -$3.06K | -311 | -13% |
|
28
Bank of America
Charlotte,
North Carolina
| $20.6K | – | – | – |
|
29
JP Morgan Chase
New York
| $10K | -$531 | -54 | -5% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $4.43K | +$295 | +30 | +7% |
|
|
RAM
31
Riggs Asset Management
Dallas,
Pennsylvania
| $2.12K | – | – | – |
|
32
RhumbLine Advisers
Boston,
Massachusetts
| $1.17K | +$1.16K | +118 | New |
|
|
HWM
33
HighMark Wealth Management
St. Paul,
Minnesota
| $1.14K | – | – | – |
|
34
Wells Fargo
San Francisco,
California
| $287 | +$10 | +1 | +4% |
|
|
RA
35
Royce & Associates
New York
| – | -$1.82M | -147,996 | Closed |
|
|
JIR
36
James Investment Research
Alpha,
Ohio
| – | -$76K | -6,126 | Closed |
|
|
AAS
37
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$382 | -31 | Closed |
|
MHH Hedge Fund Activity: Q2 2023 in Review
34 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Mastech Digital (MHH) for Q2 2023, worth a combined $19M — down 20% from $23.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MHH positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Capital Management, adding an estimated $1.97M. The largest seller was Royce & Associates, exiting entirely with an estimated $1.82M sold.
- 34 institutional investors held Mastech Digital (MHH) as of Q2 2023, up from 32 in Q1 2023.
- Funds reported $19M of Mastech Digital stock for Q2 2023, down 20% quarter-over-quarter.
- 5 funds opened new Mastech Digital positions in Q2 2023 and 3 closed out, a net change of +2 holders.
- The largest Mastech Digital buyer in Q2 2023 was Capital Management, an estimated $1.97M added.
- The largest Mastech Digital seller in Q2 2023 was Royce & Associates, an estimated $1.82M sold.
Based on aggregated 13F filings for Q2 2023.