MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
55 hedge funds and large institutions have $113M invested in MODEL N, INC. in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 6 closing their positions.
210% more call options, than puts
Call options by funds: $11.2M | Put options by funds: $3.62M
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
6% more funds holding
Funds holding: 52 → 55 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $123M → $113M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
+$8.5M |
| 2 |
Goldman Sachs
New York
|
+$2.06M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.29M |
| 4 |
RA
Royce & Associates
New York
|
+$1.14M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Destrier Capital Management
New York
|
-$3.21M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$2.29M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2.04M |
| 4 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$886K |
| 5 |
JGC
J. Goldman & Co
New York
|
-$768K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
51
UBS
Zurich,
Switzerland
| $3K | -$1.61K | -145 | -34% |
|
52
AllianceBernstein
Nashville,
Tennessee
| $2K | +$2.22K | +199 | +865% |
|
|
TDC
53
Thompson Davis & Co
Richmond,
Virginia
| $1K | – | – | – |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $60 | +$31.4K | +2,821 | +92% |
|
55
Walleye Trading
New York
| $7 | +$7.77K | +698 | New |
|
|
DCM
56
Destrier Capital Management
New York
| – | -$3.21M | -272,554 | Closed |
|
|
PRCM
57
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$2.29M | -194,000 | Closed |
|
|
ACM
58
Altimeter Capital Management
Boston,
Massachusetts
| – | -$886K | -75,145 | Closed |
|
|
JGC
59
J. Goldman & Co
New York
| – | -$768K | -65,159 | Closed |
|
|
SIM
60
SSI Investment Management
Los Angeles,
California
| – | -$349K | -29,565 | Closed |
|
61
Jane Street
New York
| – | -$302K | -25,616 | Closed |
|
MODN Hedge Fund Activity: Q1 2014 in Review
55 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q1 2014, worth a combined $113M — down 8.2% from $123M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MODN positions and 6 closed out — a net gain of 3 holders — while 24 added to existing stakes and 16 trimmed.
The largest buyer was Redmile Group, adding an estimated $8.5M. The largest seller was Destrier Capital Management, exiting entirely with an estimated $3.21M sold.
- 55 institutional investors held MODEL N, INC. (MODN) as of Q1 2014, up from 52 in Q4 2013.
- Funds reported $113M of MODEL N, INC. stock for Q1 2014, down 8.2% quarter-over-quarter.
- 9 funds opened new MODEL N, INC. positions in Q1 2014 and 6 closed out, a net change of +3 holders.
- The largest MODEL N, INC. buyer in Q1 2014 was Redmile Group, an estimated $8.5M added.
- The largest MODEL N, INC. seller in Q1 2014 was Destrier Capital Management, an estimated $3.21M sold.
Based on aggregated 13F filings for Q1 2014.