Matrix Service
MTRX
176 hedge funds and large institutions have $448M invested in Matrix Service in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 82 increasing their positions, 53 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
55% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 53
5% more funds holding
Funds holding: 167 → 176 (+9)
14% less capital invested
Capital invested by funds: $520M → $448M (-$72.1M)
91% less call options, than puts
Call options by funds: $7K | Put options by funds: $74K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$5.4M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$5.25M |
| 3 |
RA
Royce & Associates
New York
|
+$4.41M |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$3.07M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$29.5M |
| 2 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
-$2.36M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.14M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.11M |
| 5 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$2M |
MTRX Hedge Fund Activity: Q1 2016 in Review
176 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q1 2016, worth a combined $448M — down 14% from $520M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MTRX positions and 14 closed out — a net gain of 9 holders — while 82 added to existing stakes and 53 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $5.4M. The largest seller was Victory Capital Management, cutting an estimated $29.5M.
- 176 institutional investors held Matrix Service (MTRX) as of Q1 2016, up from 167 in Q4 2015.
- Funds reported $448M of Matrix Service stock for Q1 2016, down 14% quarter-over-quarter.
- 23 funds opened new Matrix Service positions in Q1 2016 and 14 closed out, a net change of +9 holders.
- The largest Matrix Service buyer in Q1 2016 was LSV Asset Management, an estimated $5.4M added.
- The largest Matrix Service seller in Q1 2016 was Victory Capital Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2016.