Matrix Service
MTRX
87 hedge funds and large institutions have $244M invested in Matrix Service in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 12 closing their positions.
2,195% more call options, than puts
Call options by funds: $459K | Put options by funds: $20K
100% more capital invested
Capital invested by funds: $122M → $244M (+$122M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
7% more funds holding
Funds holding: 81 → 87 (+6)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0.72% less ownership
Funds ownership: 76.71% → 75.99% (-0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.37M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.89M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.5M |
| 4 |
GJL
Gendell Jeffrey L
|
+$981K |
| 5 |
SC
Saturna Capital
Bellingham,
Washington
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$2.95M |
| 2 |
RA
Royce & Associates
New York
|
-$1.72M |
| 3 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
-$1.55M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.49M |
| 5 |
AE
AMH Equity
Great Neck,
New York
|
-$1.03M |
MTRX Hedge Fund Activity: Q3 2023 in Review
87 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q3 2023, worth a combined $244M — up 100% from $122M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MTRX positions and 12 closed out — a net gain of 6 holders — while 29 added to existing stakes and 28 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $3.37M. The largest seller was Prescott Group Capital Management, exiting entirely with an estimated $2.95M sold.
- 87 institutional investors held Matrix Service (MTRX) as of Q3 2023, up from 81 in Q2 2023.
- Funds reported $244M of Matrix Service stock for Q3 2023, up 100% quarter-over-quarter.
- 18 funds opened new Matrix Service positions in Q3 2023 and 12 closed out, a net change of +6 holders.
- The largest Matrix Service buyer in Q3 2023 was Portolan Capital Management, an estimated $3.37M added.
- The largest Matrix Service seller in Q3 2023 was Prescott Group Capital Management, an estimated $2.95M sold.
Based on aggregated 13F filings for Q3 2023.