MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
163 hedge funds and large institutions have $1.13B invested in MODEL N, INC. in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 58 increasing their positions, 63 reducing their positions, and 24 closing their positions.
6% more capital invested
Capital invested by funds: $1.06B → $1.13B (+$67.4M)
8% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 63
3% less funds holding
Funds holding: 168 → 163 (-5)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
71% less call options, than puts
Call options by funds: $463K | Put options by funds: $1.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSP
Sixth Street Partners
Dallas,
Texas
|
+$15.6M |
| 2 |
ICM
Irenic Capital Management
New York
|
+$14.1M |
| 3 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$9.3M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$7.19M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$5.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24.7M |
| 2 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$17.1M |
| 3 |
BlackRock
New York
|
-$5.14M |
| 4 |
Millennium Management
New York
|
-$4.1M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
A
176
AlphaQuest
New York
| – | -$280K | -10,398 | Closed |
|
177
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$266K | -9,862 | Closed |
|
178
AQR Capital Management
Greenwich,
Connecticut
| – | -$253K | -9,413 | Closed |
|
179
SG Americas Securities
New York
| – | -$115K | -4,288 | Closed |
|
|
TWM
180
Tradition Wealth Management
Edina,
Minnesota
| – | -$62K | -2,285 | Closed |
|
|
CMBA
181
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$35K | -1,299 | Closed |
|
|
QL
182
Quarry LP
New York
| – | -$20.6K | -764 | Closed |
|
|
SVCP
183
Silicon Valley Capital Partners
San Jose,
California
| – | -$17.5K | -650 | Closed |
|
|
PS
184
Principal Securities
Des Moines,
Iowa
| – | -$3.5K | -130 | Closed |
|
|
GWS
185
Glassman Wealth Services
Vienna,
Virginia
| – | -$485 | -18 | Closed |
|
186
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$158 | +6 | New |
|
MODN Hedge Fund Activity: Q1 2024 in Review
163 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q1 2024, worth a combined $1.13B — up 6.4% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MODN and 19 opened new positions — a net loss of 5 holders — while 63 trimmed existing stakes and 58 added.
The largest buyer was Sixth Street Partners, adding an estimated $15.6M. The largest seller was Morgan Stanley, cutting an estimated $24.7M.
- 163 institutional investors held MODEL N, INC. (MODN) as of Q1 2024, down from 168 in Q4 2023.
- Funds reported $1.13B of MODEL N, INC. stock for Q1 2024, up 6.4% quarter-over-quarter.
- 19 funds opened new MODEL N, INC. positions in Q1 2024 and 24 closed out, a net change of -5 holders.
- The largest MODEL N, INC. buyer in Q1 2024 was Sixth Street Partners, an estimated $15.6M added.
- The largest MODEL N, INC. seller in Q1 2024 was Morgan Stanley, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2024.