Matrix Service
MTRX
110 hedge funds and large institutions have $292M invested in Matrix Service in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 39 reducing their positions, and 11 closing their positions.
11,760% more call options, than puts
Call options by funds: $593K | Put options by funds: $5K
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
39% more capital invested
Capital invested by funds: $210M → $292M (+$81.8M)
7% more funds holding
Funds holding: 103 → 110 (+7)
3.16% more ownership
Funds ownership: 78.98% → 82.14% (+3.2%)
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.4M |
| 2 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$4.07M |
| 3 |
NIM
Needham Investment Management
New York
|
+$3.93M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.69M |
| 5 |
WCM
Westerly Capital Management
San Francisco,
California
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$12.9M |
| 2 |
Bank of New York Mellon
New York
|
-$5.25M |
| 3 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
-$3.04M |
| 4 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$2.46M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.15M |
MTRX Hedge Fund Activity: Q1 2024 in Review
110 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q1 2024, worth a combined $292M — up 39% from $210M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MTRX positions and 11 closed out — a net gain of 7 holders — while 42 added to existing stakes and 39 trimmed.
The largest buyer was BlackRock, adding an estimated $10.4M. The largest seller was Aegis Financial, cutting an estimated $12.9M.
- 110 institutional investors held Matrix Service (MTRX) as of Q1 2024, up from 103 in Q4 2023.
- Funds reported $292M of Matrix Service stock for Q1 2024, up 39% quarter-over-quarter.
- 18 funds opened new Matrix Service positions in Q1 2024 and 11 closed out, a net change of +7 holders.
- The largest Matrix Service buyer in Q1 2024 was BlackRock, an estimated $10.4M added.
- The largest Matrix Service seller in Q1 2024 was Aegis Financial, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2024.