Matrix Service
MTRX
188 hedge funds and large institutions have $836M invested in Matrix Service in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 66 increasing their positions, 72 reducing their positions, and 16 closing their positions.
125% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 16
57% more call options, than puts
Call options by funds: $3.49M | Put options by funds: $2.23M
37% more capital invested
Capital invested by funds: $610M → $836M (+$226M)
11% more funds holding
Funds holding: 169 → 188 (+19)
8% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 72
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$13.5M |
| 2 |
JP Morgan Chase
New York
|
+$11.7M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$8.05M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.62M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$45.5M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$10.9M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$6.86M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.81M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$5.48M |
MTRX Hedge Fund Activity: Q1 2014 in Review
188 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q1 2014, worth a combined $836M — up 37% from $610M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MTRX positions and 16 closed out — a net gain of 20 holders — while 66 added to existing stakes and 72 trimmed.
The largest buyer was RS Investment Management, opening a new position worth an estimated $13.5M. The largest seller was Royce & Associates, cutting an estimated $45.5M.
- 188 institutional investors held Matrix Service (MTRX) as of Q1 2014, up from 169 in Q4 2013.
- Funds reported $836M of Matrix Service stock for Q1 2014, up 37% quarter-over-quarter.
- 36 funds opened new Matrix Service positions in Q1 2014 and 16 closed out, a net change of +20 holders.
- The largest Matrix Service buyer in Q1 2014 was RS Investment Management, an estimated $13.5M added.
- The largest Matrix Service seller in Q1 2014 was Royce & Associates, an estimated $45.5M sold.
Based on aggregated 13F filings for Q1 2014.