Matrix Service
MTRX
168 hedge funds and large institutions have $412M invested in Matrix Service in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 54 reducing their positions, and 24 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 54
5% less funds holding
Funds holding: 176 → 168 (-8)
6% less capital invested
Capital invested by funds: $439M → $412M (-$26.7M)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$7.59M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$5.7M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$5.3M |
| 4 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
+$3.83M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$8.73M |
| 2 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$5.37M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$5.26M |
| 4 |
JP Morgan Chase
New York
|
-$5.08M |
| 5 |
RA
Royce & Associates
New York
|
-$4.93M |
MTRX Hedge Fund Activity: Q2 2016 in Review
168 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q2 2016, worth a combined $412M — down 6.1% from $439M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MTRX and 19 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 71 added.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $7.59M. The largest seller was Victory Capital Management, cutting an estimated $8.73M.
- 168 institutional investors held Matrix Service (MTRX) as of Q2 2016, down from 176 in Q1 2016.
- Funds reported $412M of Matrix Service stock for Q2 2016, down 6.1% quarter-over-quarter.
- 19 funds opened new Matrix Service positions in Q2 2016 and 24 closed out, a net change of -5 holders.
- The largest Matrix Service buyer in Q2 2016 was Fiera Capital (Canada), an estimated $7.59M added.
- The largest Matrix Service seller in Q2 2016 was Victory Capital Management, an estimated $8.73M sold.
Based on aggregated 13F filings for Q2 2016.