Matrix Service
MTRX
117 hedge funds and large institutions have $268M invested in Matrix Service in 2024 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 14 closing their positions.
700% more call options, than puts
Call options by funds: $48K | Put options by funds: $6K
89% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 28
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
19% more capital invested
Capital invested by funds: $225M → $268M (+$43.4M)
4% more funds holding
Funds holding: 112 → 117 (+5)
1.56% more ownership
Funds ownership: 82.95% → 84.51% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$7.95M |
| 2 |
NIM
Needham Investment Management
New York
|
+$3.92M |
| 3 |
BlackRock
New York
|
+$2.81M |
| 4 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
+$1.64M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$5.42M |
| 2 |
Bank of New York Mellon
New York
|
-$4.44M |
| 3 |
GJL
Gendell Jeffrey L
|
-$3.37M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
-$2.1M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.96M |
MTRX Hedge Fund Activity: Q3 2024 in Review
117 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Matrix Service (MTRX) for Q3 2024, worth a combined $268M — up 19% from $225M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MTRX positions and 14 closed out — a net gain of 5 holders — while 53 added to existing stakes and 28 trimmed.
The largest buyer was ACK Asset Management, opening a new position worth an estimated $7.95M. The largest seller was First Wilshire Securities Management, cutting an estimated $5.42M.
- 117 institutional investors held Matrix Service (MTRX) as of Q3 2024, up from 112 in Q2 2024.
- Funds reported $268M of Matrix Service stock for Q3 2024, up 19% quarter-over-quarter.
- 19 funds opened new Matrix Service positions in Q3 2024 and 14 closed out, a net change of +5 holders.
- The largest Matrix Service buyer in Q3 2024 was ACK Asset Management, an estimated $7.95M added.
- The largest Matrix Service seller in Q3 2024 was First Wilshire Securities Management, an estimated $5.42M sold.
Based on aggregated 13F filings for Q3 2024.