Matrix Service
MTRX
185 hedge funds and large institutions have $767M invested in Matrix Service in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 67 reducing their positions, and 41 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 67
5% less capital invested
Capital invested by funds: $806M → $767M (-$38.7M)
6% less funds holding
Funds holding: 197 → 185 (-12)
20% less call options, than puts
Call options by funds: $1.59M | Put options by funds: $1.99M
29% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 41
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$27.8M |
| 2 |
Neuberger Berman Group
New York
|
+$13.1M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$9.94M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$7.66M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$7.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$14.7M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$12.3M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$9.44M |
| 4 |
RA
Royce & Associates
New York
|
-$7.43M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$5.36M |
MTRX Hedge Fund Activity: Q3 2014 in Review
185 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q3 2014, worth a combined $767M — down 4.8% from $806M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of MTRX and 29 opened new positions — a net loss of 12 holders — while 67 trimmed existing stakes and 70 added.
The largest buyer was Munder Capital Management, opening a new position worth an estimated $27.8M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $14.7M sold.
- 185 institutional investors held Matrix Service (MTRX) as of Q3 2014, down from 197 in Q2 2014.
- Funds reported $767M of Matrix Service stock for Q3 2014, down 4.8% quarter-over-quarter.
- 29 funds opened new Matrix Service positions in Q3 2014 and 41 closed out, a net change of -12 holders.
- The largest Matrix Service buyer in Q3 2014 was Munder Capital Management, an estimated $27.8M added.
- The largest Matrix Service seller in Q3 2014 was OppenheimerFunds, an estimated $14.7M sold.
Based on aggregated 13F filings for Q3 2014.