Modine Manufacturing
119 hedge funds and large institutions have $548M invested in Modine Manufacturing in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 54 reducing their positions, and 30 closing their positions.
13% more capital invested
Capital invested by funds: $486M → $548M (+$61.9M)
1.35% less ownership
Funds ownership: 85.57% → 84.22% (-1.3%)
16% less funds holding
Funds holding: 141 → 119 (-22)
33% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 54
63% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$22.8M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.18M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$2.93M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.57M |
| 5 |
KA
KLCM Advisors
Milwaukee,
Wisconsin
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.64M |
| 2 |
Lazard Asset Management
New York
|
-$2.52M |
| 3 |
Renaissance Technologies
New York
|
-$2.35M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$2.29M |
| 5 |
WAM
Winslow Asset Management
Beachwood,
Ohio
|
-$2.2M |
MOD Hedge Fund Activity: Q4 2014 in Review
119 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q4 2014, worth a combined $548M — up 13% from $486M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of MOD and 11 opened new positions — a net loss of 19 holders — while 54 trimmed existing stakes and 36 added.
The largest buyer was Victory Capital Management, adding an estimated $22.8M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $2.64M sold.
- 119 institutional investors held Modine Manufacturing (MOD) as of Q4 2014, down from 141 in Q3 2014.
- Funds reported $548M of Modine Manufacturing stock for Q4 2014, up 13% quarter-over-quarter.
- 11 funds opened new Modine Manufacturing positions in Q4 2014 and 30 closed out, a net change of -19 holders.
- The largest Modine Manufacturing buyer in Q4 2014 was Victory Capital Management, an estimated $22.8M added.
- The largest Modine Manufacturing seller in Q4 2014 was Systematic Financial Management, an estimated $2.64M sold.
Based on aggregated 13F filings for Q4 2014.