MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
177 hedge funds and large institutions have $1.39B invested in MODEL N, INC. in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 77 increasing their positions, 54 reducing their positions, and 26 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 54
8% more capital invested
Capital invested by funds: $1.29B → $1.39B (+$103M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less call options, than puts
Call options by funds: $731K | Put options by funds: $742K
4% less funds holding
Funds holding: 184 → 177 (-7)
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$11M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$8.24M |
| 5 |
FAM
Fred Alger Management
New York
|
+$5.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$9.92M |
| 2 |
Millennium Management
New York
|
-$8.11M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$6.38M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$5.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.31M |
MODN Hedge Fund Activity: Q2 2023 in Review
177 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q2 2023, worth a combined $1.39B — up 8% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of MODN and 19 opened new positions — a net loss of 7 holders — while 54 trimmed existing stakes and 77 added.
The largest buyer was Wellington Management Group, adding an estimated $20.4M. The largest seller was Citadel Advisors, cutting an estimated $9.92M.
- 177 institutional investors held MODEL N, INC. (MODN) as of Q2 2023, down from 184 in Q1 2023.
- Funds reported $1.39B of MODEL N, INC. stock for Q2 2023, up 8% quarter-over-quarter.
- 19 funds opened new MODEL N, INC. positions in Q2 2023 and 26 closed out, a net change of -7 holders.
- The largest MODEL N, INC. buyer in Q2 2023 was Wellington Management Group, an estimated $20.4M added.
- The largest MODEL N, INC. seller in Q2 2023 was Citadel Advisors, an estimated $9.92M sold.
Based on aggregated 13F filings for Q2 2023.