MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
70 hedge funds and large institutions have $170M invested in MODEL N, INC. in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
11% more funds holding
Funds holding: 63 → 70 (+7)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
17% less capital invested
Capital invested by funds: $204M → $170M (-$33.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SQN Investors
Menlo Park,
California
|
+$9.86M |
| 2 |
DGI
Discovery Group I
Chicago,
Illinois
|
+$7.65M |
| 3 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$3.38M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
+$3.29M |
| 5 |
RA
Royce & Associates
New York
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Redmile Group
San Francisco,
California
|
-$6.89M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$6.45M |
| 3 |
TA
Tamarack Advisers
Carlsbad,
California
|
-$3.63M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$1.99M |
| 5 |
AC
Amici Capital
New York
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EIM
76
Essex Investment Management
Boston,
Massachusetts
| – | -$526K | -47,302 | Closed |
|
|
SIM
77
Spark Investment Management
New York
| – | -$458K | -41,300 | Closed |
|
|
TMC
78
Trellus Management Company
Delray Beach,
Florida
| – | -$199K | -17,900 | Closed |
|
79
Goldman Sachs
New York
| – | -$186K | -16,774 | Closed |
|
|
MLICM
80
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$146K | -13,102 | Closed |
|
81
Barclays
London,
United Kingdom
| – | -$2K | -139 | Closed |
|
|
MFS
82
MSI Financial Services
Springfield,
Massachusetts
| – | -$1K | -60 | Closed |
|
MODN Hedge Fund Activity: Q4 2016 in Review
70 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q4 2016, worth a combined $170M — down 17% from $204M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MODN positions and 12 closed out — a net gain of 8 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was SQN Investors, opening a new position worth an estimated $9.86M. The largest seller was Redmile Group, cutting an estimated $6.89M.
- 70 institutional investors held MODEL N, INC. (MODN) as of Q4 2016, up from 63 in Q3 2016.
- Funds reported $170M of MODEL N, INC. stock for Q4 2016, down 17% quarter-over-quarter.
- 20 funds opened new MODEL N, INC. positions in Q4 2016 and 12 closed out, a net change of +8 holders.
- The largest MODEL N, INC. buyer in Q4 2016 was SQN Investors, an estimated $9.86M added.
- The largest MODEL N, INC. seller in Q4 2016 was Redmile Group, an estimated $6.89M sold.
Based on aggregated 13F filings for Q4 2016.