MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
168 hedge funds and large institutions have $1.06B invested in MODEL N, INC. in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 58 increasing their positions, 59 reducing their positions, and 35 closing their positions.
503% more call options, than puts
Call options by funds: $519K | Put options by funds: $86K
12% more capital invested
Capital invested by funds: $946M → $1.06B (+$112M)
2% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 59
3% less funds holding
Funds holding: 174 → 168 (-6)
17% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 35
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$26.5M |
| 2 |
Morgan Stanley
New York
|
+$24.2M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$12.2M |
| 4 |
BlackRock
New York
|
+$9.98M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$7.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$16.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$15M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$10.9M |
| 5 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$8.32M |
MODN Hedge Fund Activity: Q4 2023 in Review
168 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q4 2023, worth a combined $1.06B — up 12% from $946M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of MODN and 29 opened new positions — a net loss of 6 holders — while 59 trimmed existing stakes and 58 added.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $26.5M. The largest seller was Loomis, Sayles & Company, exiting entirely with an estimated $16.7M sold.
- 168 institutional investors held MODEL N, INC. (MODN) as of Q4 2023, down from 174 in Q3 2023.
- Funds reported $1.06B of MODEL N, INC. stock for Q4 2023, up 12% quarter-over-quarter.
- 29 funds opened new MODEL N, INC. positions in Q4 2023 and 35 closed out, a net change of -6 holders.
- The largest MODEL N, INC. buyer in Q4 2023 was T. Rowe Price Investment Management, an estimated $26.5M added.
- The largest MODEL N, INC. seller in Q4 2023 was Loomis, Sayles & Company, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2023.