MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
184 hedge funds and large institutions have $1.29B invested in MODEL N, INC. in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 73 increasing their positions, 63 reducing their positions, and 23 closing their positions.
56% more call options, than puts
Call options by funds: $934K | Put options by funds: $598K
16% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 63
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
0% more funds holding
Funds holding: 184 → 184 (0)
15% less capital invested
Capital invested by funds: $1.51B → $1.29B (-$224M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$15.6M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$12.1M |
| 3 |
SCA
Summit Creek Advisors
Minneapolis,
Minnesota
|
+$10M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$8.68M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$15.6M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$13.1M |
| 3 |
Neuberger Berman Group
New York
|
-$8.14M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
-$7.89M |
| 5 |
Millennium Management
New York
|
-$4.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5.23K | -129 | Closed |
|
|
EI
202
Ellevest Inc
New York
| – | -$973 | -24 | Closed |
|
203
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$474 | -13 | -48% |
|
|
TWP
204
TFO Wealth Partners
Maumee,
Ohio
| – | -$1.21K | -9 | Closed |
|
|
SSG
205
Summit Securities Group
New York
| – | +$36 | +1 | New |
|
MODN Hedge Fund Activity: Q1 2023 in Review
184 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q1 2023, worth a combined $1.29B — down 15% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MODN positions and 23 closed out — a net gain of 2 holders — while 73 added to existing stakes and 63 trimmed.
The largest buyer was Ranger Investment Management, adding an estimated $15.6M. The largest seller was First Light Asset Management, cutting an estimated $15.6M.
- 184 institutional investors held MODEL N, INC. (MODN) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $1.29B of MODEL N, INC. stock for Q1 2023, down 15% quarter-over-quarter.
- 25 funds opened new MODEL N, INC. positions in Q1 2023 and 23 closed out, a net change of +2 holders.
- The largest MODEL N, INC. buyer in Q1 2023 was Ranger Investment Management, an estimated $15.6M added.
- The largest MODEL N, INC. seller in Q1 2023 was First Light Asset Management, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2023.