MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
61 hedge funds and large institutions have $194M invested in MODEL N, INC. in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 14 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
3% less capital invested
Capital invested by funds: $201M → $194M (-$6.87M)
12% less funds holding
Funds holding: 69 → 61 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$5.48M |
| 2 |
SFM
Soros Fund Management
New York
|
+$4.84M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.41M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.61M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$12.2M |
| 2 |
IL
Investure LLC
Charlottesville,
Virginia
|
-$1.49M |
| 3 |
AC
Amici Capital
New York
|
-$1.11M |
| 4 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$776K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$606K |
MODN Hedge Fund Activity: Q1 2016 in Review
61 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q1 2016, worth a combined $194M — down 3.4% from $201M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MODN and 6 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 27 added.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $5.48M. The largest seller was Massachusetts Financial Services, cutting an estimated $12.2M.
- 61 institutional investors held MODEL N, INC. (MODN) as of Q1 2016, down from 69 in Q4 2015.
- Funds reported $194M of MODEL N, INC. stock for Q1 2016, down 3.4% quarter-over-quarter.
- 6 funds opened new MODEL N, INC. positions in Q1 2016 and 14 closed out, a net change of -8 holders.
- The largest MODEL N, INC. buyer in Q1 2016 was Park West Asset Management, an estimated $5.48M added.
- The largest MODEL N, INC. seller in Q1 2016 was Massachusetts Financial Services, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2016.