Modine Manufacturing
139 hedge funds and large institutions have $354M invested in Modine Manufacturing in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
7% more funds holding
Funds holding: 130 → 139 (+9)
1.99% more ownership
Funds ownership: 82.81% → 84.8% (+2%)
19% less capital invested
Capital invested by funds: $437M → $354M (-$82.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$3.91M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.13M |
| 3 |
Renaissance Technologies
New York
|
+$2.42M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$1.34M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$4.34M |
| 2 |
Lazard Asset Management
New York
|
-$3.24M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$2.13M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$1.53M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.35M |
MOD Hedge Fund Activity: Q2 2016 in Review
139 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q2 2016, worth a combined $354M — down 19% from $437M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MOD positions and 11 closed out — a net gain of 10 holders — while 50 added to existing stakes and 41 trimmed.
The largest buyer was McKinley Capital Management, opening a new position worth an estimated $3.91M. The largest seller was Penn Capital Management, cutting an estimated $4.34M.
- 139 institutional investors held Modine Manufacturing (MOD) as of Q2 2016, up from 130 in Q1 2016.
- Funds reported $354M of Modine Manufacturing stock for Q2 2016, down 19% quarter-over-quarter.
- 21 funds opened new Modine Manufacturing positions in Q2 2016 and 11 closed out, a net change of +10 holders.
- The largest Modine Manufacturing buyer in Q2 2016 was McKinley Capital Management, an estimated $3.91M added.
- The largest Modine Manufacturing seller in Q2 2016 was Penn Capital Management, an estimated $4.34M sold.
Based on aggregated 13F filings for Q2 2016.