Modular Medical
MODD
30 hedge funds and large institutions have $19.3M invested in Modular Medical in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 1 reducing their positions, and 2 closing their positions.
1,100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 1
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
233% more capital invested
Capital invested by funds: $5.79M → $19.3M (+$13.5M)
36% more funds holding
Funds holding: 22 → 30 (+8)
0.62% more ownership
Funds ownership: 0.5% → 1.12% (+0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Silverarc Capital Management
Boston,
Massachusetts
|
+$1.61M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$1.57M |
| 3 |
SCM
Sio Capital Management
New York
|
+$1.52M |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
+$1.48M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$81K |
| 2 |
SAG
SageView Advisory Group
Newport Beach,
California
|
-$20.4K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$19.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $18.2K | +$17.6K | +328 | +32,800% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $8.32K | +$1.02K | +19 | +15% |
|
28
Wells Fargo
San Francisco,
California
| $218 | – | – | – |
|
|
29
Renaissance Technologies
New York
| – | -$81K | -1,483 | Closed |
|
|
SAG
30
SageView Advisory Group
Newport Beach,
California
| – | -$20.4K | -380 | Closed |
|
MODD Hedge Fund Activity: Q1 2024 in Review
30 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Modular Medical (MODD) for Q1 2024, worth a combined $19.3M — up 233% from $5.79M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MODD positions and 2 closed out — a net gain of 8 holders — while 12 added to existing stakes and 1 trimmed.
The largest buyer was Silverarc Capital Management, opening a new position worth an estimated $1.61M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $81K sold.
- 30 institutional investors held Modular Medical (MODD) as of Q1 2024, up from 22 in Q4 2023.
- Funds reported $19.3M of Modular Medical stock for Q1 2024, up 233% quarter-over-quarter.
- 10 funds opened new Modular Medical positions in Q1 2024 and 2 closed out, a net change of +8 holders.
- The largest Modular Medical buyer in Q1 2024 was Silverarc Capital Management, an estimated $1.61M added.
- The largest Modular Medical seller in Q1 2024 was Renaissance Technologies, an estimated $81K sold.
Based on aggregated 13F filings for Q1 2024.