MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
54 hedge funds and large institutions have $90.8M invested in MODEL N, INC. in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 20 closing their positions.
273% more call options, than puts
Call options by funds: $855K | Put options by funds: $229K
150% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 8
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
6% more funds holding
Funds holding: 51 → 54 (+3)
55% less capital invested
Capital invested by funds: $200M → $90.8M (-$110M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$21.5M |
| 2 |
JP Morgan Chase
New York
|
+$13.3M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$2.73M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.92M |
| 5 |
AC
Amici Capital
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
-$11.3M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$7.32M |
| 3 |
WSA
Wall Street Associates
Lajolla,
California
|
-$7.01M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$6.8M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$6.68M |
MODN Hedge Fund Activity: Q3 2013 in Review
54 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q3 2013, worth a combined $90.8M — down 55% from $200M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MODN positions and 20 closed out — a net gain of 3 holders — while 20 added to existing stakes and 8 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $21.5M. The largest seller was Redmile Group, exiting entirely with an estimated $11.3M sold.
- 54 institutional investors held MODEL N, INC. (MODN) as of Q3 2013, up from 51 in Q2 2013.
- Funds reported $90.8M of MODEL N, INC. stock for Q3 2013, down 55% quarter-over-quarter.
- 23 funds opened new MODEL N, INC. positions in Q3 2013 and 20 closed out, a net change of +3 holders.
- The largest MODEL N, INC. buyer in Q3 2013 was Massachusetts Financial Services, an estimated $21.5M added.
- The largest MODEL N, INC. seller in Q3 2013 was Redmile Group, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2013.