Matrix Service
MTRX
103 hedge funds and large institutions have $209M invested in Matrix Service in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 8 closing their positions.
906% more call options, than puts
Call options by funds: $161K | Put options by funds: $16K
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
18% more funds holding
Funds holding: 87 → 103 (+16)
2.54% more ownership
Funds ownership: 75.99% → 78.53% (+2.5%)
14% less capital invested
Capital invested by funds: $244M → $209M (-$34.8M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.89M |
| 2 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
+$2.81M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.28M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$1.91M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$5.02M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$4.76M |
| 3 |
RA
Royce & Associates
New York
|
-$2.59M |
| 4 |
HP
Harvey Partners
Tarrytown,
New York
|
-$2.49M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$2.34M |
MTRX Hedge Fund Activity: Q4 2023 in Review
103 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q4 2023, worth a combined $209M — down 14% from $244M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MTRX positions and 8 closed out — a net gain of 16 holders — while 44 added to existing stakes and 29 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $2.89M. The largest seller was Bank of New York Mellon, cutting an estimated $5.02M.
- 103 institutional investors held Matrix Service (MTRX) as of Q4 2023, up from 87 in Q3 2023.
- Funds reported $209M of Matrix Service stock for Q4 2023, down 14% quarter-over-quarter.
- 24 funds opened new Matrix Service positions in Q4 2023 and 8 closed out, a net change of +16 holders.
- The largest Matrix Service buyer in Q4 2023 was Qube Research & Technologies (QRT), an estimated $2.89M added.
- The largest Matrix Service seller in Q4 2023 was Bank of New York Mellon, an estimated $5.02M sold.
Based on aggregated 13F filings for Q4 2023.