Modine Manufacturing
163 hedge funds and large institutions have $823M invested in Modine Manufacturing in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 67 increasing their positions, 52 reducing their positions, and 34 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 52
1.23% more ownership
Funds ownership: 88.1% → 89.33% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 178 → 163 (-15)
12% less capital invested
Capital invested by funds: $940M → $823M (-$117M)
41% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 34
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $394K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
KLCM Advisors
Milwaukee,
Wisconsin
|
+$7.23M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$6.39M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$6.13M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$5.72M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$13.5M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11.6M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
-$5.12M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$4.81M |
MOD Hedge Fund Activity: Q2 2018 in Review
163 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q2 2018, worth a combined $823M — down 12% from $940M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of MOD and 20 opened new positions — a net loss of 14 holders — while 52 trimmed existing stakes and 67 added.
The largest buyer was KLCM Advisors, opening a new position worth an estimated $7.23M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $13.8M sold.
- 163 institutional investors held Modine Manufacturing (MOD) as of Q2 2018, down from 178 in Q1 2018.
- Funds reported $823M of Modine Manufacturing stock for Q2 2018, down 12% quarter-over-quarter.
- 20 funds opened new Modine Manufacturing positions in Q2 2018 and 34 closed out, a net change of -14 holders.
- The largest Modine Manufacturing buyer in Q2 2018 was KLCM Advisors, an estimated $7.23M added.
- The largest Modine Manufacturing seller in Q2 2018 was Lord, Abbett & Co, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2018.