Modine Manufacturing
129 hedge funds and large institutions have $594M invested in Modine Manufacturing in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 40 reducing their positions, and 15 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 40
16% more capital invested
Capital invested by funds: $512M → $594M (+$82.3M)
1.23% more ownership
Funds ownership: 83.97% → 85.2% (+1.2%)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0% more funds holding
Funds holding: 129 → 129 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.79M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$5.26M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$4.5M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$3.71M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$10.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.87M |
| 3 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$4.36M |
| 4 |
KA
KLCM Advisors
Milwaukee,
Wisconsin
|
-$3.02M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2.83M |
MOD Hedge Fund Activity: Q1 2014 in Review
129 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q1 2014, worth a combined $594M — up 16% from $512M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MOD positions and 15 closed out — a net gain of 1 holder — while 50 added to existing stakes and 40 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.79M. The largest seller was Northpointe Capital, exiting entirely with an estimated $10.6M sold.
- 129 institutional investors held Modine Manufacturing (MOD) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $594M of Modine Manufacturing stock for Q1 2014, up 16% quarter-over-quarter.
- 16 funds opened new Modine Manufacturing positions in Q1 2014 and 15 closed out, a net change of +1 holder.
- The largest Modine Manufacturing buyer in Q1 2014 was Wells Fargo, an estimated $5.79M added.
- The largest Modine Manufacturing seller in Q1 2014 was Northpointe Capital, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2014.