MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
63 hedge funds and large institutions have $204M invested in MODEL N, INC. in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 15 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 72 → 63 (-9)
18% less capital invested
Capital invested by funds: $249M → $204M (-$45.4M)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
+$6.62M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$4.78M |
| 3 |
TA
Tamarack Advisers
Carlsbad,
California
|
+$3.69M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$2.13M |
| 5 |
CPA
Cowen Prime Advisors
New York
|
+$615K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$7.34M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
-$4.1M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$2.63M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$2.52M |
| 5 |
AC
Amici Capital
New York
|
-$1.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
76
ClariVest Asset Management
San Diego,
California
| – | -$16K | -1,215 | Closed |
|
|
TDC
77
Thompson Davis & Co
Richmond,
Virginia
| – | -$5K | -375 | Closed |
|
78
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -162 | Closed |
|
MODN Hedge Fund Activity: Q3 2016 in Review
63 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q3 2016, worth a combined $204M — down 18% from $249M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MODN and 6 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 23 added.
The largest buyer was Soros Fund Management, adding an estimated $6.62M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $7.34M sold.
- 63 institutional investors held MODEL N, INC. (MODN) as of Q3 2016, down from 72 in Q2 2016.
- Funds reported $204M of MODEL N, INC. stock for Q3 2016, down 18% quarter-over-quarter.
- 6 funds opened new MODEL N, INC. positions in Q3 2016 and 15 closed out, a net change of -9 holders.
- The largest MODEL N, INC. buyer in Q3 2016 was Soros Fund Management, an estimated $6.62M added.
- The largest MODEL N, INC. seller in Q3 2016 was Portolan Capital Management, an estimated $7.34M sold.
Based on aggregated 13F filings for Q3 2016.