Modine Manufacturing
130 hedge funds and large institutions have $437M invested in Modine Manufacturing in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 43 reducing their positions, and 16 closing their positions.
20% more capital invested
Capital invested by funds: $364M → $437M (+$72.3M)
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
2% more funds holding
Funds holding: 128 → 130 (+2)
2% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 43
0.74% less ownership
Funds ownership: 83.55% → 82.81% (-0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$2.31M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
+$2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.53M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.52M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$10.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$2.6M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.99M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.92M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$764K |
MOD Hedge Fund Activity: Q1 2016 in Review
130 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q1 2016, worth a combined $437M — up 20% from $364M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MOD positions and 16 closed out — a net gain of 2 holders — while 44 added to existing stakes and 43 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $2.31M. The largest seller was Rutabaga Capital Management, cutting an estimated $10.5M.
- 130 institutional investors held Modine Manufacturing (MOD) as of Q1 2016, up from 128 in Q4 2015.
- Funds reported $437M of Modine Manufacturing stock for Q1 2016, up 20% quarter-over-quarter.
- 18 funds opened new Modine Manufacturing positions in Q1 2016 and 16 closed out, a net change of +2 holders.
- The largest Modine Manufacturing buyer in Q1 2016 was LSV Asset Management, an estimated $2.31M added.
- The largest Modine Manufacturing seller in Q1 2016 was Rutabaga Capital Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2016.