Modine Manufacturing
128 hedge funds and large institutions have $364M invested in Modine Manufacturing in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 10 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 38
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
13% more capital invested
Capital invested by funds: $322M → $364M (+$42.1M)
2% more funds holding
Funds holding: 126 → 128 (+2)
1.55% less ownership
Funds ownership: 85.1% → 83.55% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.67M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$4.14M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$2.85M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$1.71M |
| 5 |
Two Sigma Investments
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$11.6M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$3.81M |
| 3 |
Bank of New York Mellon
New York
|
-$2.49M |
| 4 |
BA
Broadview Advisors
Milwaukee,
Wisconsin
|
-$2.09M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.31M |
MOD Hedge Fund Activity: Q4 2015 in Review
128 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q4 2015, worth a combined $364M — up 13% from $322M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MOD positions and 10 closed out — a net gain of 2 holders — while 46 added to existing stakes and 38 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $5.67M. The largest seller was Walthausen & Co, exiting entirely with an estimated $11.6M sold.
- 128 institutional investors held Modine Manufacturing (MOD) as of Q4 2015, up from 126 in Q3 2015.
- Funds reported $364M of Modine Manufacturing stock for Q4 2015, up 13% quarter-over-quarter.
- 12 funds opened new Modine Manufacturing positions in Q4 2015 and 10 closed out, a net change of +2 holders.
- The largest Modine Manufacturing buyer in Q4 2015 was Ameriprise, an estimated $5.67M added.
- The largest Modine Manufacturing seller in Q4 2015 was Walthausen & Co, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2015.