Modine Manufacturing
158 hedge funds and large institutions have $670M invested in Modine Manufacturing in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 58 increasing their positions, 54 reducing their positions, and 19 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
0.54% less ownership
Funds ownership: 89.33% → 88.79% (-0.54%)
3% less funds holding
Funds holding: 163 → 158 (-5)
19% less capital invested
Capital invested by funds: $823M → $670M (-$153M)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $186K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$5.37M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.13M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$4.51M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$4.49M |
| 5 |
Renaissance Technologies
New York
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$11M |
| 2 |
Millennium Management
New York
|
-$8.32M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$6.85M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$5.06M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.32M |
MOD Hedge Fund Activity: Q3 2018 in Review
158 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q3 2018, worth a combined $670M — down 19% from $823M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of MOD and 15 opened new positions — a net loss of 4 holders — while 54 trimmed existing stakes and 58 added.
The largest buyer was Wedge Capital Management, adding an estimated $5.37M. The largest seller was Penn Capital Management, cutting an estimated $11M.
- 158 institutional investors held Modine Manufacturing (MOD) as of Q3 2018, down from 163 in Q2 2018.
- Funds reported $670M of Modine Manufacturing stock for Q3 2018, down 19% quarter-over-quarter.
- 15 funds opened new Modine Manufacturing positions in Q3 2018 and 19 closed out, a net change of -4 holders.
- The largest Modine Manufacturing buyer in Q3 2018 was Wedge Capital Management, an estimated $5.37M added.
- The largest Modine Manufacturing seller in Q3 2018 was Penn Capital Management, an estimated $11M sold.
Based on aggregated 13F filings for Q3 2018.