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Matrix Service

150 hedge funds and large institutions have $459M invested in Matrix Service in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 56 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

31% more capital invested

Capital invested by funds: $350M → $459M (+$109M)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

1% less funds holding

Funds holding: 152150 (-2)

1.6% less ownership

Funds ownership: 94.91%93.31% (-1.6%)

11% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 56

Holders
150
Holders Change
-2
Holders Change %
-1.32%
% of All Funds
3.43%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
15
Increased
50
Reduced
56
Closed
16
Calls
$667K
Puts
Net Calls
+$667K
Net Calls Change
+$236K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$72.4M +$5.03M +290,833 +8%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$41.4M +$70.1K +4,051 +0.2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$28.1M +$728K +42,093 +3%
LSV Asset Management
4
LSV Asset Management
Illinois
$22M -$6.6M -381,670 -24%
RA
5
Royce & Associates
New York
$17.1M +$232K +13,428 +1%
SGCIA
6
Smith Graham & Co Investment Advisors
Texas
$15.9M -$531K -30,663 -3%
State Street
7
State Street
Massachusetts
$15.5M -$436K -25,209 -3%
Northern Trust
8
Northern Trust
Illinois
$14.4M +$147K +8,509 +1%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$11.8M -$131K -7,574 -1%
AQR Capital Management
10
AQR Capital Management
Connecticut
$11.3M -$1.45M -83,590 -12%
Russell Investments Group
11
Russell Investments Group
United Kingdom
$10.8M -$4.95M -286,239 -33%
RCM
12
Rutabaga Capital Management
Massachusetts
$7.83M +$270K +15,600 +4%
Charles Schwab
13
Charles Schwab
California
$7.39M +$628K +36,313 +10%
Prudential Financial
14
Prudential Financial
New Jersey
$7.35M -$268K -15,490 -4%
FWSM
15
First Wilshire Securities Management
California
$6.57M -$159K -9,195 -3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$6.46M -$294K -16,995 -5%
Ameriprise
17
Ameriprise
Minnesota
$6.32M -$720K -41,603 -11%
2L
18
22NW LP
Washington
$6.08M -$427K -24,700 -7%
Goldman Sachs
19
Goldman Sachs
New York
$6.07M +$515K +29,738 +10%
JP Morgan Chase
20
JP Morgan Chase
New York
$5.94M +$3.81M +220,375 +213%
PCM
21
Perritt Capital Management
Illinois
$5.56M
Boston Partners
22
Boston Partners
Massachusetts
$5.38M -$1.25M -71,992 -20%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$5.19M +$477K +27,581 +11%
Invesco
24
Invesco
Georgia
$4.97M +$2.02M +116,540 +75%
SRC
25
Shufro Rose & Co
New York
$4.92M -$382K -22,100 -8%

MTRX Hedge Fund Activity: Q2 2018 in Review

150 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q2 2018, worth a combined $459M — up 31% from $350M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of MTRX and 15 opened new positions — a net loss of 1 holder — while 56 trimmed existing stakes and 50 added.

The largest buyer was BlackRock, adding an estimated $5.03M. The largest seller was LSV Asset Management, cutting an estimated $6.6M.

  • 150 institutional investors held Matrix Service (MTRX) as of Q2 2018, down from 152 in Q1 2018.
  • Funds reported $459M of Matrix Service stock for Q2 2018, up 31% quarter-over-quarter.
  • 15 funds opened new Matrix Service positions in Q2 2018 and 16 closed out, a net change of -1 holder.
  • The largest Matrix Service buyer in Q2 2018 was BlackRock, an estimated $5.03M added.
  • The largest Matrix Service seller in Q2 2018 was LSV Asset Management, an estimated $6.6M sold.

Based on aggregated 13F filings for Q2 2018.