Modine Manufacturing
125 hedge funds and large institutions have $478M invested in Modine Manufacturing in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 21 closing their positions.
35% more capital invested
Capital invested by funds: $354M → $478M (+$124M)
0.37% less ownership
Funds ownership: 84.8% → 84.43% (-0.37%)
10% less funds holding
Funds holding: 139 → 125 (-14)
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
67% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$3.17M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$1.22M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$1.01M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$986K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$969K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$1.84M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$1.63M |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$1.29M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.21M |
| 5 |
Renaissance Technologies
New York
|
-$697K |
MOD Hedge Fund Activity: Q3 2016 in Review
125 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q3 2016, worth a combined $478M — up 35% from $354M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MOD and 7 opened new positions — a net loss of 14 holders — while 49 trimmed existing stakes and 44 added.
The largest buyer was Lazard Asset Management, adding an estimated $3.17M. The largest seller was Norges Bank, cutting an estimated $1.84M.
- 125 institutional investors held Modine Manufacturing (MOD) as of Q3 2016, down from 139 in Q2 2016.
- Funds reported $478M of Modine Manufacturing stock for Q3 2016, up 35% quarter-over-quarter.
- 7 funds opened new Modine Manufacturing positions in Q3 2016 and 21 closed out, a net change of -14 holders.
- The largest Modine Manufacturing buyer in Q3 2016 was Lazard Asset Management, an estimated $3.17M added.
- The largest Modine Manufacturing seller in Q3 2016 was Norges Bank, an estimated $1.84M sold.
Based on aggregated 13F filings for Q3 2016.