MEC ranks #3569 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
MEC is a top-conviction position for EVR Research LP — at 8.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in MEC belongs to Portolan Capital Management, LLC, but the position matters far more to EVR Research LP, who has 8.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Fidelity has added to its MEC position for two straight quarters, increasing it by $47.9M to reach $48.0M today.
CenterBook Partners LP has trimmed its MEC position for two straight quarters, cutting it by $3.6M while still holding $1.2M.
MEC is up 0.2% today, and institutions have been net buyers of $297.9M this quarter — today's price move and the underlying institutional flow are pointing the same direction.