MODEL N, INC.
MODN
MODN was delisted on the 26th of June, 2024.
134 hedge funds and large institutions have $624M invested in MODEL N, INC. in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 57 increasing their positions, 45 reducing their positions, and 28 closing their positions.
763% more call options, than puts
Call options by funds: $4.75M | Put options by funds: $550K
27% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 45
0.2% less ownership
Funds ownership: 84.39% → 84.19% (-0.2%)
10% less funds holding
Funds holding: 149 → 134 (-15)
36% less capital invested
Capital invested by funds: $974M → $624M (-$350M)
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$24.2M |
| 2 |
Neuberger Berman Group
New York
|
+$14.7M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$14.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$12.2M |
| 5 |
Renaissance Technologies
New York
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
-$30.2M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$17.4M |
| 3 |
GGPE
Golden Gate Private Equity
San Francisco,
California
|
-$9.9M |
| 4 |
Millennium Management
New York
|
-$9.33M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.63M |
MODN Hedge Fund Activity: Q1 2020 in Review
134 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in MODEL N, INC. (MODN) for Q1 2020, worth a combined $624M — down 36% from $974M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MODN and 14 opened new positions — a net loss of 14 holders — while 45 trimmed existing stakes and 57 added.
The largest buyer was Fred Alger Management, adding an estimated $24.2M. The largest seller was First Light Asset Management, cutting an estimated $30.2M.
- 134 institutional investors held MODEL N, INC. (MODN) as of Q1 2020, down from 149 in Q4 2019.
- Funds reported $624M of MODEL N, INC. stock for Q1 2020, down 36% quarter-over-quarter.
- 14 funds opened new MODEL N, INC. positions in Q1 2020 and 28 closed out, a net change of -14 holders.
- The largest MODEL N, INC. buyer in Q1 2020 was Fred Alger Management, an estimated $24.2M added.
- The largest MODEL N, INC. seller in Q1 2020 was First Light Asset Management, an estimated $30.2M sold.
Based on aggregated 13F filings for Q1 2020.