Modine Manufacturing
129 hedge funds and large institutions have $512M invested in Modine Manufacturing in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 43 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
3% more funds holding
Funds holding: 125 → 129 (+4)
9% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 43
0.93% more ownership
Funds ownership: 83.05% → 83.97% (+0.93%)
11% less capital invested
Capital invested by funds: $577M → $512M (-$64.6M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$4.08M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$3.94M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$3.81M |
| 4 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$2.81M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$9.74M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.55M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.64M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.51M |
| 5 |
KA
KLCM Advisors
Milwaukee,
Wisconsin
|
-$1.7M |
MOD Hedge Fund Activity: Q4 2013 in Review
129 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q4 2013, worth a combined $512M — down 11% from $577M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MOD positions and 12 closed out — a net gain of 5 holders — while 47 added to existing stakes and 43 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $4.08M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $9.74M sold.
- 129 institutional investors held Modine Manufacturing (MOD) as of Q4 2013, up from 125 in Q3 2013.
- Funds reported $512M of Modine Manufacturing stock for Q4 2013, down 11% quarter-over-quarter.
- 17 funds opened new Modine Manufacturing positions in Q4 2013 and 12 closed out, a net change of +5 holders.
- The largest Modine Manufacturing buyer in Q4 2013 was Frontier Capital Management, an estimated $4.08M added.
- The largest Modine Manufacturing seller in Q4 2013 was Kennedy Capital Management, an estimated $9.74M sold.
Based on aggregated 13F filings for Q4 2013.