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Matrix Service

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.

New
Increased
Maintained
Reduced
Closed

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: 169188 (+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: 53 (-2)

Holders
188
Holders Change
+19
Holders Change %
+11.24%
% of All Funds
5.43%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.09%
New
36
Increased
66
Reduced
72
Closed
16
Calls
$3.49M
Puts
$2.23M
Net Calls
+$1.26M
Net Calls Change
+$22K
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$52.5M +$36.5K +1,220 +0.1%
RA
2
Royce & Associates
New York
$50.8M -$45.5M -1,520,363 -50%
WRF
3
Waddell & Reed Financial
Kansas
$50.2M +$937K +31,300 +2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$40.9M +$4.26M +142,274 +13%
BIT
5
BlackRock Institutional Trust
California
$36.6M +$8.05M +268,747 +33%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$35.4M +$665K +22,195 +2%
FCM
7
Frontier Capital Management
Massachusetts
$32.5M -$3.87M -129,216 -12%
State Street
8
State Street
Massachusetts
$23.3M -$21.8K -728 -0.1%
FWSM
9
First Wilshire Securities Management
California
$21.9M -$91.8K -3,065 -0.5%
CCI
10
Columbus Circle Investors
$18.2M +$2.1M +70,265 +15%
GT
11
Glenmede Trust
Pennsylvania
$17.8M +$3.49M +116,694 +28%
PGIM
12
Pacific Global Investment Management
California
$16.7M -$1.58M -52,655 -10%
JP Morgan Chase
13
JP Morgan Chase
New York
$15.2M +$11.7M +390,302 +649%
RIM
14
RS Investment Management
California
$15.2M +$13.5M +449,900 New
FIM
15
Foresters Investment Management
New York
$13.6M +$57.6K +1,925 +0.5%
Northern Trust
16
Northern Trust
Illinois
$13.3M -$970K -32,388 -8%
NC
17
Northpointe Capital
Michigan
$12.9M -$10.9M -364,627 -49%
PCMI
18
Paradigm Capital Management Inc
New York
$11.4M -$4.14M -138,198 -29%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$10.1M -$200K -6,667 -2%
AQR Capital Management
20
AQR Capital Management
Connecticut
$9.42M +$2.14M +71,328 +34%
Prudential Financial
21
Prudential Financial
New Jersey
$9.1M +$871K +29,100 +12%
SBH
22
Segall Bryant & Hamill
Illinois
$9.03M -$1.8M -60,080 -18%
Norges Bank
23
Norges Bank
Norway
$8.52M
Geode Capital Management
24
Geode Capital Management
Massachusetts
$8.26M +$1.29M +43,068 +21%
PCM
25
Perritt Capital Management
Illinois
$8.09M -$1.84M -61,300 -20%

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.