MODINE MFG CO MOD
COM · Common Stock · CUSIP 607828100 · ISIN US6078281002
- SectorConsumer discretionary
- IndustryMotor Vehicle Parts & Accessories
- HeadquartersRacine, WI
- Founded1916
- Websitemodine.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.6m this quarter). Holder counts are more reliable. Shares outstanding: 52.5m as of 2024-10-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $132.78. Options: 12 managers hold calls ($54.8m notional), 11 hold puts ($23.8m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 169 |
| Q4 2022 | 189 |
| Q1 2023 | 195 |
| Q2 2023 | 201 |
| Q3 2023 | 263 |
| Q4 2023 | 298 |
| Q1 2024 | 368 |
| Q2 2024 | 359 |
| Q3 2024 | 400 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 90 | 91 |
| Q1 2023 | 100 | 77 |
| Q2 2023 | 94 | 96 |
| Q3 2023 | 151 | 100 |
| Q4 2023 | 147 | 138 |
| Q1 2024 | 184 | 174 |
| Q2 2024 | 168 | 213 |
| Q3 2024 | 213 | 178 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $13.1m | $8.9m | 0.68 |
| Q1 2024 | $96.8m | $30.1m | 0.31 |
| Q2 2024 | $59.8m | $35.0m | 0.59 |
| Q3 2024 | $54.8m | $23.8m | 0.43 |
Biggest buyers
| WASATCH ADVISORS LP | New | +686.7k |
| FMR LLC | Added | +543.4k |
| Pictet Asset Management Holding SA | Added | +439.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +357.2k |
| Driehaus Capital Management LLC | Added | +298.9k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | +240.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +229.8k |
| Artisan Partners Limited Partnership | Added | +219.4k |
| MACQUARIE GROUP LTD | Added | +164.4k |
| Fiera Capital Corp | New | +159.6k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -812.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -721.2k |
| JPMORGAN CHASE & CO | Reduced | -574.6k |
| LORD, ABBETT & CO. LLC | Reduced | -418.5k |
| Capital International Investors | Reduced | -226.2k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -202.8k |
| REINHART PARTNERS, LLC. | Reduced | -134.7k |
| GAMCO INVESTORS, INC. ET AL | Reduced | -108.7k |
| Verition Fund Management LLC | Reduced | -96.1k |
| WCM INVESTMENT MANAGEMENT, LLC | Reduced | -93.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.7m141.2k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | $13.3m100.0k shares |
| CITADEL ADVISORS LLC | Added | $8.8m66.5k shares |
| WOLVERINE TRADING, LLC | Added | $5.7m43.6k shares |
| JANE STREET GROUP, LLC | Reduced | $3.6m27.0k shares |
| IMC-Chicago, LLC | New | $1.7m12.7k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m11.1k shares |
| PEAK6 Investments LLC | New | $650.7k4.9k shares |
| GROUP ONE TRADING LLC | Added | $584.3k4.4k shares |
| Walleye Trading LLC | New | $172.6k1.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.7m73.4k shares |
| MILLENNIUM MANAGEMENT LLC | New | $6.0m45.3k shares |
| CITADEL ADVISORS LLC | Reduced | $2.4m18.3k shares |
| WOLVERINE TRADING, LLC | Added | $1.5m11.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.4m10.4k shares |
| JANE STREET GROUP, LLC | Added | $1.0m7.9k shares |
| Walleye Capital LLC | Reduced | $903.0k6.8k shares |
| Cubist Systematic Strategies, LLC | Reduced | $305.4k2.3k shares |
| GROUP ONE TRADING LLC | Reduced | $212.5k1.6k shares |
| Walleye Trading LLC | New | $212.5k1.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: BlackRock, Inc. (4.9%, 2026-07-29), WELLINGTON MANAGEMENT GROUP LLP (1.9%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 1 | $1.2m | — |
| Q1 2023 | 0 | — | 2 | $408.2k | — |
| Q2 2023 | 1 | $12.8k | 3 | $1.6m | — |
| Q3 2023 | 0 | — | 2 | $2.5m | — |
| Q4 2023 | 0 | — | 2 | $4.5m | $4.1m |
| Q1 2024 | 0 | — | 4 | $11.0m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $3.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-15 | WILLIAMS MARSHA C Director | Sold | $3.8m34.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.0m $670.0m | First filing |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.0m $662.4m | Added +30.7k |
| FMR LLC 0.04% of their portfolio | 4.4m $586.7m | Added +543.4k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.0m $266.7m | Reduced -721.2k |
| Invesco Ltd. 0.05% of their portfolio | 2.0m $264.6m | Added +54.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.9m $256.5m | Reduced -574.6k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 9.72% of their portfolio | 1.6m $219.0m | Unchanged |
| Driehaus Capital Management LLC 1.60% of their portfolio | 1.4m $186.0m | Added +298.9k |
| GAMCO INVESTORS, INC. ET AL 1.74% of their portfolio | 1.3m $169.7m | Reduced -108.7k |
| STATE STREET CORP 0.01% of their portfolio | 1.2m $162.0m | Added +18.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $155.5m | Added +9.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 1.2m $153.1m | Added +26.5k |
| MORGAN STANLEY 0.01% of their portfolio | 1.1m $140.3m | Added +114.7k |
| Capital International Investors 0.03% of their portfolio | 1.0m $137.3m | Reduced -226.2k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 975.2k $129.5m | Reduced -44.4k |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 944.2k $125.4m | Reduced -21.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.98% of their portfolio | 787.2k $104.5m | Added +357.2k |
| MACQUARIE GROUP LTD 0.11% of their portfolio | 767.8k $102.0m | Added +164.4k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 739.7k $98.2m | Added +62.1k |
| HENNESSY ADVISORS INC 3.06% of their portfolio | 720.1k $95.6m | Added +89.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 699.0k $92.8m | Reduced -812.4k |
| WASATCH ADVISORS LP 0.45% of their portfolio | 686.7k $91.2m | New |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 681.5k $90.5m | Reduced -67.4k |
| BROWN ADVISORY INC 0.11% of their portfolio | 644.3k $85.6m | Reduced -42.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.32% of their portfolio | 611.5k $81.2m | Added +80.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 604.3k $80.2m | Added +6.9k |
| Capital World Investors 0.01% of their portfolio | 546.4k $72.6m | Unchanged |
| NORTHERN TRUST CORP 0.01% of their portfolio | 519.3k $69.0m | Added +8.0k |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 469.2k $62.3m | Added +219.4k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 445.5k $59.2m | Added +439.4k |
| NORGES BANK 0.01% of their portfolio | 424.6k $56.4m | Reduced -8.1k |
| GABELLI FUNDS LLC 0.40% of their portfolio | 418.8k $55.6m | Reduced -73.9k |
| LOOMIS SAYLES & CO L P 0.07% of their portfolio | 411.8k $54.7m | Added +29.2k |
| LORD, ABBETT & CO. LLC 0.16% of their portfolio | 388.6k $51.6m | Reduced -418.5k |
| FRED ALGER MANAGEMENT, LLC 0.22% of their portfolio | 349.6k $46.4m | Reduced -20.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 312.7k $41.5m | Reduced -38.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 311.0k $41.3m | Reduced -75.4k |
| REINHART PARTNERS, LLC. 1.54% of their portfolio | 305.7k $40.6m | Reduced -134.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 285.2k $37.9m | Reduced -27.6k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.15% of their portfolio | 279.8k $37.2m | Added +19.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 266.7k $35.5m | Added +66.5k |
| EMERALD ADVISERS, LLC 1.36% of their portfolio | 264.3k $35.1m | Added +4.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 263.5k $35.0m | Added +122.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 242.3k $32.2m | Added +1.1k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 241.5k $32.1m | Reduced -202.8k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.44% of their portfolio | 240.7k $32.0m | New |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.22% of their portfolio | 238.2k $31.6m | Added +13.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 229.8k $30.5m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 225.7k $30.0m | Added +87.6k |
| ROYCE & ASSOCIATES LP 0.25% of their portfolio | 210.2k $27.9m | Reduced -66.3k |
| Portolan Capital Management, LLC 2.01% of their portfolio | 208.8k $27.7m | Reduced -70.1k |
| SEGALL BRYANT & HAMILL, LLC 0.37% of their portfolio | 204.5k $27.2m | Reduced -4.2k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.41% of their portfolio | 204.4k $27.1m | Reduced -8.6k |
| F/m Investments LLC 0.85% of their portfolio | 201.0k $26.7m | Reduced -24.6k |
| UBS Group AG 0.01% of their portfolio | 198.1k $26.3m | Added +26.7k |
| Thrivent Financial for Lutherans 0.05% of their portfolio | 191.3k $25.4m | Reduced -65.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 180.7k $24.0m | Reduced -44.6k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 180.3k $23.9m | Added +40.9k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 2.25% of their portfolio | 177.9k $23.6m | Reduced -17.9k |
| AXIOM INVESTORS LLC /DE 0.20% of their portfolio | 172.7k $22.9m | Reduced -62.0k |
| Fiera Capital Corp 0.06% of their portfolio | 159.6k $21.2m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 157.2k $20.9m | Added +26.3k |
| CIBC WORLD MARKET INC. 0.04% of their portfolio | 147.0k $19.5m | Added +11.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 143.7k $19.1m | Added +3.8k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 143.2k $19.0m | Added +51.8k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 142.5k $18.9m | Reduced -7.4k |
| GW&K Investment Management, LLC 0.16% of their portfolio | 137.7k $18.3m | Added +3.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 134.0k $17.8m | Added +60.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 119.7k $15.9m | Reduced -69.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 118.2k $15.7m | Reduced -15.4k |
| OSTERWEIS CAPITAL MANAGEMENT INC 0.74% of their portfolio | 109.3k $14.5m | Added +9.7k |
| CONGRESS ASSET MANAGEMENT CO 0.09% of their portfolio | 103.5k $13.7m | Reduced -3.9k |
| Palisades Investment Partners, LLC 5.86% of their portfolio | 101.4k $13.5m | Added +5.9k |
| RBF Capital, LLC 0.68% of their portfolio | 100.0k $13.3m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 97.2k $12.9m | Reduced -300 |
| BARCLAYS PLC 0.01% of their portfolio | 92.2k $12.2m | Added +67.5k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.36% of their portfolio | 91.0k $12.1m | Reduced -16.7k |
| Nicholas Investment Partners, LP 1.05% of their portfolio | 86.2k $11.4m | Added +4.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 82.6k $11.0m | Added +16.9k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 78.5k $10.4m | Reduced -86.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 78.1k $10.4m | Reduced -4.9k |
| Front Street Capital Management, Inc. 1.67% of their portfolio | 77.9k $10.3m | Reduced -15 |
| G2 Investment Partners Management LLC 2.85% of their portfolio | 75.4k $10.0m | Reduced -50.7k |
| BRANT POINT INVESTMENT MANAGEMENT LLC 2.26% of their portfolio | 74.5k $9.9m | Unchanged |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 73.3k $9.7m | Reduced -11.7k |
| EAGLE ASSET MANAGEMENT INC 0.05% of their portfolio | 73.2k $9.4m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 73.0k $9.7m | Added +72.7k |
| HARBOR CAPITAL ADVISORS, INC. 0.40% of their portfolio | 69.8k $9.3m | Added +25.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 69.3k $9.2m | New |
| CASTLEARK MANAGEMENT LLC 0.36% of their portfolio | 66.5k $8.8m | Reduced -2.4k |
| Granahan Investment Management, LLC 0.34% of their portfolio | 66.0k $8.8m | Reduced -42.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 65.0k $8.6m | Reduced -4.5k |
| Concentric Capital Strategies, LP 0.54% of their portfolio | 64.3k $8.5m | Added +57.3k |
| D.A. DAVIDSON & CO. 0.07% of their portfolio | 62.2k $8.3m | Reduced -142 |
| Schonfeld Strategic Advisors LLC 0.07% of their portfolio | 61.0k $8.1m | New |
| Stratos Wealth Partners, LTD. 0.11% of their portfolio | 56.6k $7.5m | Reduced -1.2k |
| Peregrine Asset Advisers, Inc. 2.57% of their portfolio | 56.3k $7.5m | Added +21.5k |
| WCM INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 56.1k $7.4m | Reduced -93.3k |
| Legal & General Group Plc 0.00% of their portfolio | 54.8k $7.3m | Added +1.7k |
| Castellan Group 2.94% of their portfolio | 52.5k $7.0m | Reduced -21.0k |