Modine Manufacturing
150 hedge funds and large institutions have $558M invested in Modine Manufacturing in 2020 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 44 increasing their positions, 51 reducing their positions, and 10 closing their positions.
290% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 10
106% more capital invested
Capital invested by funds: $270M → $558M (+$288M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
24% more funds holding
Funds holding: 121 → 150 (+29)
2.25% more ownership
Funds ownership: 84.38% → 86.63% (+2.3%)
14% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 51
57% less call options, than puts
Call options by funds: $835K | Put options by funds: $1.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$5.54M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$5.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.01M |
| 4 |
Millennium Management
New York
|
+$1.9M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$2.5M |
| 2 |
KA
KLCM Advisors
Milwaukee,
Wisconsin
|
-$2.39M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$2.26M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.89M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.49M |
MOD Hedge Fund Activity: Q4 2020 in Review
150 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Modine Manufacturing (MOD) for Q4 2020, worth a combined $558M — up 106% from $270M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new MOD positions and 10 closed out — a net gain of 29 holders — while 44 added to existing stakes and 51 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $5.54M. The largest seller was Wedge Capital Management, cutting an estimated $2.5M.
- 150 institutional investors held Modine Manufacturing (MOD) as of Q4 2020, up from 121 in Q3 2020.
- Funds reported $558M of Modine Manufacturing stock for Q4 2020, up 106% quarter-over-quarter.
- 39 funds opened new Modine Manufacturing positions in Q4 2020 and 10 closed out, a net change of +29 holders.
- The largest Modine Manufacturing buyer in Q4 2020 was Driehaus Capital Management, an estimated $5.54M added.
- The largest Modine Manufacturing seller in Q4 2020 was Wedge Capital Management, an estimated $2.5M sold.
Based on aggregated 13F filings for Q4 2020.