Modine Manufacturing
120 hedge funds and large institutions have $517M invested in Modine Manufacturing in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 45 reducing their positions, and 25 closing their positions.
0.84% less ownership
Funds ownership: 85.5% → 84.66% (-0.84%)
8% less funds holding
Funds holding: 131 → 120 (-11)
15% less capital invested
Capital invested by funds: $608M → $517M (-$91.1M)
16% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 45
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $151K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$37.5M |
| 2 |
RA
Royce & Associates
New York
|
+$10.8M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.63M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$6.57M |
| 5 |
ICM
Ionic Capital Management
New York
|
+$6.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$26.7M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$7.61M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$3.83M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.48M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$3.42M |
MOD Hedge Fund Activity: Q1 2017 in Review
120 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q1 2017, worth a combined $517M — down 15% from $608M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MOD and 20 opened new positions — a net loss of 5 holders — while 45 trimmed existing stakes and 38 added.
The largest buyer was BlackRock, adding an estimated $37.5M. The largest seller was Victory Capital Management, cutting an estimated $26.7M.
- 120 institutional investors held Modine Manufacturing (MOD) as of Q1 2017, down from 131 in Q4 2016.
- Funds reported $517M of Modine Manufacturing stock for Q1 2017, down 15% quarter-over-quarter.
- 20 funds opened new Modine Manufacturing positions in Q1 2017 and 25 closed out, a net change of -5 holders.
- The largest Modine Manufacturing buyer in Q1 2017 was BlackRock, an estimated $37.5M added.
- The largest Modine Manufacturing seller in Q1 2017 was Victory Capital Management, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2017.