Modine Manufacturing
137 hedge funds and large institutions have $801M invested in Modine Manufacturing in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 48 reducing their positions, and 7 closing their positions.
444% more call options, than puts
Call options by funds: $598K | Put options by funds: $110K
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
15% more capital invested
Capital invested by funds: $696M → $801M (+$104M)
11% more funds holding
Funds holding: 123 → 137 (+14)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.07% less ownership
Funds ownership: 84% → 82.93% (-1.1%)
13% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.45M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
+$5.11M |
| 3 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$4.5M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$3.1M |
| 5 |
Renaissance Technologies
New York
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
-$18.7M |
| 2 |
KA
KLCM Advisors
Milwaukee,
Wisconsin
|
-$5.62M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$3.02M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.01M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.94M |
MOD Hedge Fund Activity: Q3 2017 in Review
137 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q3 2017, worth a combined $801M — up 15% from $696M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MOD positions and 7 closed out — a net gain of 14 holders — while 42 added to existing stakes and 48 trimmed.
The largest buyer was Millennium Management, adding an estimated $6.45M. The largest seller was DnB Asset Management, exiting entirely with an estimated $18.7M sold.
- 137 institutional investors held Modine Manufacturing (MOD) as of Q3 2017, up from 123 in Q2 2017.
- Funds reported $801M of Modine Manufacturing stock for Q3 2017, up 15% quarter-over-quarter.
- 21 funds opened new Modine Manufacturing positions in Q3 2017 and 7 closed out, a net change of +14 holders.
- The largest Modine Manufacturing buyer in Q3 2017 was Millennium Management, an estimated $6.45M added.
- The largest Modine Manufacturing seller in Q3 2017 was DnB Asset Management, an estimated $18.7M sold.
Based on aggregated 13F filings for Q3 2017.