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 ($1.6m this quarter). Holder counts are more reliable. Shares outstanding: 52.6m as of 2025-10-24, 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 ≈ $142.23. Options: 16 managers hold calls ($131.4m notional), 16 hold puts ($60.5m).
Trends to Q3 2025
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 |
| Q4 2024 | 412 |
| Q1 2025 | 388 |
| Q2 2025 | 417 |
| Q3 2025 | 456 |
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 2023 | 147 | 138 |
| Q1 2024 | 184 | 174 |
| Q2 2024 | 168 | 213 |
| Q3 2024 | 213 | 178 |
| Q4 2024 | 202 | 183 |
| Q1 2025 | 212 | 208 |
| Q2 2025 | 231 | 185 |
| Q3 2025 | 231 | 209 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $73.6m | $43.2m | 0.59 |
| Q1 2025 | $84.7m | $32.9m | 0.39 |
| Q2 2025 | $54.9m | $39.8m | 0.73 |
| Q3 2025 | $131.4m | $60.5m | 0.46 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +1.3m |
| Capital Research Global Investors | New | +1.3m |
| CONGRESS ASSET MANAGEMENT CO | Added | +477.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +445.6k |
| GOLDMAN SACHS GROUP INC | Added | +361.7k |
| FMR LLC | Added | +351.4k |
| Invesco Ltd. | Added | +341.6k |
| Amundi | New | +274.1k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +228.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +222.8k |
Biggest sellers
| Capital International Investors | Sold out | -813.8k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -577.4k |
| Bank of New York Mellon Corp | Reduced | -246.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -214.5k |
| REINHART PARTNERS, LLC. | Reduced | -200.9k |
| GAMCO INVESTORS, INC. ET AL | Reduced | -193.3k |
| BROWN ADVISORY INC | Reduced | -188.1k |
| MARSHALL WACE, LLP | Reduced | -185.5k |
| Champlain Investment Partners, LLC | Reduced | -175.2k |
| MORGAN STANLEY | Reduced | -173.6k |
Biggest calls
| CastleKnight Management LP | Added | $44.8m315.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $23.2m163.5k shares |
| PEAK6 LLC | New | $19.1m134.2k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | $12.8m90.0k shares |
| CITADEL ADVISORS LLC | Added | $11.5m80.9k shares |
| JANE STREET GROUP, LLC | Reduced | $4.1m29.1k shares |
| IMC-Chicago, LLC | Added | $4.0m27.8k shares |
| WOLVERINE TRADING, LLC | Added | $3.8m26.7k shares |
| Walleye Trading LLC | Reduced | $1.6m11.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.5m10.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.7m152.5k shares |
| Twin Tree Management, LP | New | $6.2m43.9k shares |
| CITADEL ADVISORS LLC | Reduced | $5.7m39.8k shares |
| WOLVERINE TRADING, LLC | Added | $4.5m31.6k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $4.3m30.0k shares |
| IMC-Chicago, LLC | Added | $3.5m24.6k shares |
| BRANT POINT INVESTMENT MANAGEMENT LLC | New | $2.8m20.0k shares |
| JANE STREET GROUP, LLC | Added | $2.8m19.6k shares |
| Interval Partners, LP | Reduced | $2.3m15.9k shares |
| Walleye Trading LLC | Reduced | $1.8m12.6k 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 2025
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 2023 | 0 | — | 2 | $4.5m | $4.1m |
| Q1 2024 | 0 | — | 4 | $11.0m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $3.8m | — |
| Q4 2024 | 0 | — | 1 | $5.6m | — |
| Q1 2025 | 1 | $201.0k | 2 | $7.6m | $4.8m |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 5 | $31.0m | $18.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-22 | McGinnis Eric S President, Climate Solutions | Sold | $3.5m25.2k shares |
| 2025-08-22 | Garimella Suresh V Director | Sold plan | $2.0m14.2k shares |
| 2025-08-11 | WILLIAMS MARSHA C Director | Sold | $3.5m25.8k shares |
| 2025-08-05 | Lucareli Michael B EVP, CFO | Sold plan | $5.7m40.4k shares |
| 2025-07-31 | Lucareli Michael B EVP, CFO | Sold plan | $10.4m80.7k shares |
| 2025-07-29 | Agen Brian Jon VP, CHRO | Sold | $5.3m47.9k shares |
| 2025-07-29 | Lucareli Michael B EVP, CFO | Sold | $664.5k5.8k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 5.1m $722.3m | Added +97.0k |
| BlackRock, Inc. 0.01% of their portfolio | 4.0m $563.5m | Reduced -151.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio | 2.7m $390.8m | Reduced -577.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.3m $333.1m | Added +1.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.8m $252.1m | Added +445.6k |
| FMR LLC 0.01% of their portfolio | 1.7m $242.6m | Added +351.4k |
| WASATCH ADVISORS LP 1.29% of their portfolio | 1.7m $239.6m | Reduced -107.3k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 9.22% of their portfolio | 1.5m $212.7m | Reduced -137.2k |
| Capital Research Global Investors 0.03% of their portfolio | 1.3m $184.6m | New |
| STATE STREET CORP 0.01% of their portfolio | 1.3m $181.3m | Reduced -34.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $173.4m | Added +4.9k |
| Artisan Partners Limited Partnership 0.23% of their portfolio | 1.1m $160.8m | Added +189.3k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.0m $148.1m | Reduced -71.4k |
| MORGAN STANLEY 0.01% of their portfolio | 1.0m $144.5m | Reduced -173.6k |
| Capital World Investors 0.02% of their portfolio | 995.4k $141.5m | Unchanged |
| GAMCO INVESTORS, INC. ET AL 1.36% of their portfolio | 988.4k $140.5m | Reduced -193.3k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.47% of their portfolio | 967.0k $137.5m | Added +46.5k |
| MACQUARIE GROUP LTD 0.16% of their portfolio | 949.0k $134.9m | Reduced -34.6k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 892.0k $126.8m | Reduced -28.8k |
| REINHART PARTNERS, LLC. 4.12% of their portfolio | 890.7k $126.6m | Reduced -200.9k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 856.7k $121.8m | Added +361.7k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 837.4k $119.1m | Added +37.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 749.8k $106.6m | Added +6.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 709.2k $100.8m | Added +134.0k |
| Driehaus Capital Management LLC 0.69% of their portfolio | 672.9k $95.7m | Added +23.2k |
| Portolan Capital Management, LLC 4.63% of their portfolio | 602.5k $85.6m | Added +110.1k |
| Invesco Ltd. 0.01% of their portfolio | 598.1k $85.0m | Added +341.6k |
| Thrivent Financial for Lutherans 0.17% of their portfolio | 596.5k $84.8m | Reduced -11.9k |
| Champlain Investment Partners, LLC 0.61% of their portfolio | 568.5k $80.8m | Reduced -175.2k |
| UBS Group AG 0.01% of their portfolio | 537.6k $76.4m | Added +144.4k |
| Hood River Capital Management LLC 0.89% of their portfolio | 532.1k $75.6m | Reduced -32.4k |
| CONGRESS ASSET MANAGEMENT CO 0.50% of their portfolio | 527.5k $75.0m | Added +477.5k |
| Pictet Asset Management Holding SA 0.07% of their portfolio | 493.9k $70.2m | Reduced -169.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 493.7k $70.2m | Reduced -6.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 468.8k $66.7m | Reduced -106.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.53% of their portfolio | 417.7k $59.4m | Reduced -430 |
| EMERALD ADVISERS, LLC 1.79% of their portfolio | 391.7k $55.7m | Added +69.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 380.9k $54.2m | Added +141.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 357.2k $50.8m | Reduced -157.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 349.1k $49.6m | Added +98.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 331.9k $47.2m | Added +17.0k |
| GABELLI FUNDS LLC 0.32% of their portfolio | 331.5k $47.1m | Reduced -89.7k |
| CastleKnight Management LP 2.49% of their portfolio | 325.7k $46.3m | Added +55.6k |
| BROWN ADVISORY INC 0.06% of their portfolio | 325.7k $46.3m | Reduced -188.1k |
| LORD, ABBETT & CO. LLC 0.14% of their portfolio | 324.2k $46.1m | Added +115.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.30% of their portfolio | 318.9k $45.3m | Reduced -56.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 317.5k $45.1m | Reduced -246.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 310.6k $44.2m | Added +5.1k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 299.8k $42.6m | Reduced -9.9k |
| ROYCE & ASSOCIATES LP 0.41% of their portfolio | 288.1k $41.0m | Added +17.5k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 286.2k $40.7m | Added +222.8k |
| SOUTHERNSUN ASSET MANAGEMENT, LLC 5.08% of their portfolio | 275.6k $39.2m | Reduced -1.3k |
| Amundi 0.01% of their portfolio | 274.1k $42.2m | New |
| MARSHALL WACE, LLP 0.04% of their portfolio | 255.8k $36.4m | Reduced -185.5k |
| SEGALL BRYANT & HAMILL, LLC 0.46% of their portfolio | 244.6k $34.8m | Reduced -10.2k |
| Fiera Capital Corp 0.11% of their portfolio | 242.5k $34.5m | Reduced -4.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 242.3k $34.5m | Added +228.0k |
| Boston Partners 0.03% of their portfolio | 236.3k $34.0m | Added +35.5k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.72% of their portfolio | 234.1k $33.3m | Added +48.5k |
| Nuveen, LLC 0.01% of their portfolio | 229.2k $32.6m | Reduced -77.8k |
| J. Goldman & Co LP 1.17% of their portfolio | 217.1k $30.9m | Reduced -138.1k |
| Pembroke Management, LTD 3.03% of their portfolio | 214.6k $30.5m | New |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 209.7k $29.8m | Reduced -5.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 205.7k $29.2m | Added +36.5k |
| Jain Global LLC 0.37% of their portfolio | 200.4k $28.5m | New |
| WESTWOOD HOLDINGS GROUP INC 0.20% of their portfolio | 192.3k $27.3m | Reduced -26.2k |
| Granahan Investment Management, LLC 1.09% of their portfolio | 186.9k $26.6m | Added +80.8k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.10% of their portfolio | 186.0k $26.4m | Reduced -474 |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 183.7k $26.1m | Added +53.4k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 172.9k $24.6m | Reduced -19.9k |
| FRED ALGER MANAGEMENT, LLC 0.09% of their portfolio | 165.0k $23.5m | Reduced -1.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 164.4k $23.4m | Reduced -5.2k |
| GW&K Investment Management, LLC 0.18% of their portfolio | 141.2k $20.1m | Reduced -4.8k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 1.63% of their portfolio | 140.1k $19.9m | Added +6.9k |
| AXIOM INVESTORS LLC /DE 0.15% of their portfolio | 139.1k $19.8m | Added +106.7k |
| Empowered Funds, LLC 0.19% of their portfolio | 133.5k $19.0m | Added +12.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 127.3k $18.1m | Reduced -75.5k |
| Shellback Capital, LP 1.12% of their portfolio | 124.2k $17.7m | New |
| SCOPUS ASSET MANAGEMENT, L.P. 0.39% of their portfolio | 115.8k $16.5m | Added +62.6k |
| BLAIR WILLIAM & CO/IL 0.04% of their portfolio | 113.1k $16.1m | Added +32.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 105.8k $15.0m | Added +38.5k |
| Penn Capital Management Company, LLC 1.15% of their portfolio | 104.7k $14.9m | New |
| Hudson Bay Capital Management LP 0.09% of their portfolio | 101.6k $14.4m | Reduced -71.8k |
| RBF Capital, LLC 0.65% of their portfolio | 100.0k $14.2m | Unchanged |
| Interval Partners, LP 0.30% of their portfolio | 97.8k $13.9m | Added +34.8k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.42% of their portfolio | 97.5k $13.9m | Reduced -25.9k |
| Swiss National Bank 0.01% of their portfolio | 96.6k $13.7m | Added +1.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 95.5k $13.6m | Added +14.0k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 84.6k $12.5m | Added +10.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 83.5k $11.9m | Reduced -2.5k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 83.4k $11.8m | Added +70.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 82.8k $11.8m | Reduced -78.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 81.1k $11.5m | Added +72.5k |
| Divisadero Street Capital Management, LP 0.52% of their portfolio | 78.3k $11.1m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 77.4k $11.0m | Reduced -37.6k |
| Front Street Capital Management, Inc. 1.69% of their portfolio | 77.0k $10.9m | Reduced -929 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 75.1k $10.7m | Reduced -7.8k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 75.0k $10.7m | Reduced -21.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 74.6k $10.6m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 73.6k $10.5m | Added +4.9k |