Model N Inc (MODN) Ownership

42.31 ↑0.03 (0.07%)

As of January 27, 2023, 1:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

Conestoga Capital Advisors, LLC is the biggest individual institutional holder of Model N Inc (MODN), owning a total of 4.9 million shares. Combined, the top 21 institutional holders of MODN own 78.27% of the company with a total of 29.2 million shares.

In the latest ownership report on September 30th 2022, the top 21 institutional holders decreased their combined ownership of MODN by 1.6 million shares. 11 institutions bought 569,307 total additional shares and increased their ownership by an average of 3.95%. However 10 institutions sold 2,218,794 total shares and decreased their ownership by an average of 12.94%.

Overall this is a negative sign as the number of shares owned by the top 20 institutional holders of Model N decreased by a net total of -1,649,487 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Conestoga Capital Advisors, LLC	13.035%	-2.302%	4,869,648	-114,720	2022-09-30
Neuberger Berman Group LLC	8.423%	-0.612%	3,146,721	-19,385	2022-09-30
Artisan Partners Limited Partnership	8.300%	0.227%	3,100,904	7,026	2022-09-30
BlackRock Inc	7.896%	13.191%	2,949,847	343,775	2022-09-30
First Light Asset Management, LLC	6.982%	-5.285%	2,608,221	-145,537	2022-09-30
ClearBridge Advisors, LLC	6.212%	0.472%	2,320,779	10,894	2022-09-30
Vanguard Group Inc	5.353%	6.603%	1,999,864	123,878	2022-09-30
Riverbridge Partners LLC	3.834%	-51.235%	1,432,173	-1,504,698	2022-09-30
Renaissance Technologies Corp	2.173%	-11.327%	811,826	-103,700	2022-09-30
State Street Corporation	2.030%	0.753%	758,345	5,665	2022-09-30
Emerald Advisers, LLC	1.935%	0.038%	722,762	271	2022-09-30
Bares Capital Management Inc	1.625%	-19.815%	607,000	-150,000	2022-09-30
Geode Capital Management, LLC	1.610%	0.865%	601,405	5,159	2022-09-30
Emerald Mutual Fund Advisers Trust	1.585%	-6.814%	592,161	-43,300	2022-09-30
Polar Asset Management Partners	1.210%	-12.230%	452,133	-63,000	2022-09-30
Northern Trust Corp	1.184%	-0.053%	442,184	-235	2022-09-30
Royal Bank of Canada	1.106%	5.696%	413,131	22,265	2022-09-30
Comerica Bank	1.058%	0.008%	395,400	33	2022-09-30
Dimensional Fund Advisors, Inc.	1.019%	5.268%	380,588	19,046	2022-09-30
Nicholas Company Inc	0.895%	10.327%	334,339	31,295	2022-09-30
ArrowMark Colorado Holdings, LLC (ArrowMark Partne	0.806%	-19.775%	301,106	-74,219	2022-09-30

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Conestoga Capital Advisors, LLC	13.035%	-2.302%	4,869,648	-114,720	2022-09-30
Neuberger Berman Group LLC	8.423%	-0.612%	3,146,721	-19,385	2022-09-30
Artisan Partners Limited Partnership	8.300%	0.227%	3,100,904	7,026	2022-09-30
BlackRock Inc	7.896%	13.191%	2,949,847	343,775	2022-09-30
First Light Asset Management, LLC	6.982%	-5.285%	2,608,221	-145,537	2022-09-30
ClearBridge Advisors, LLC	6.212%	0.472%	2,320,779	10,894	2022-09-30
Vanguard Group Inc	5.353%	6.603%	1,999,864	123,878	2022-09-30
Riverbridge Partners LLC	3.834%	-51.235%	1,432,173	-1,504,698	2022-09-30
Renaissance Technologies Corp	2.173%	-11.327%	811,826	-103,700	2022-09-30
State Street Corporation	2.030%	0.753%	758,345	5,665	2022-09-30
Emerald Advisers, LLC	1.935%	0.038%	722,762	271	2022-09-30
Bares Capital Management Inc	1.625%	-19.815%	607,000	-150,000	2022-09-30
Geode Capital Management, LLC	1.610%	0.865%	601,405	5,159	2022-09-30
Emerald Mutual Fund Advisers Trust	1.585%	-6.814%	592,161	-43,300	2022-09-30
Polar Asset Management Partners	1.210%	-12.230%	452,133	-63,000	2022-09-30
Northern Trust Corp	1.184%	-0.053%	442,184	-235	2022-09-30
Royal Bank of Canada	1.106%	5.696%	413,131	22,265	2022-09-30
Comerica Bank	1.058%	0.008%	395,400	33	2022-09-30
Dimensional Fund Advisors, Inc.	1.019%	5.268%	380,588	19,046	2022-09-30
Nicholas Company Inc	0.895%	10.327%	334,339	31,295	2022-09-30
ArrowMark Colorado Holdings, LLC (ArrowMark Partne	0.806%	-19.775%	301,106	-74,219	2022-09-30

Mutual Fund Ownership

Conestoga Small Cap Investors is the biggest individual fund holder of Model N Inc (MODN), owning a total of 2.7 million shares. Combined, the top 21 mutual fund holders of MODN own 53.89% of the company with a total of 20.3 million shares.

In the latest ownership report on December 31st 2022, the top 21 fund holders decreased their combined ownership of MODN by 313 thousand shares. None of the mutual funds bought any additional shares. However 1 funds sold 312,565 total shares and decreased their ownership by an average of 23.02%.

Overall this is a negative sign as the number of shares owned by the top 20 mutual funds holding Model N decreased by a net total of -312,565 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Conestoga Small Cap Growth	2.770%	-23.023%	1,045,074	-312,565	2022-12-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Conestoga Small Cap Investors	7.061%	-16.205%	2,664,435	-515,284	2022-11-30
Neuberger Berman Genesis Inv	5.597%	-0.743%	2,112,106	-15,800	2022-09-30
Artisan International Small-Mid Investor	5.307%	1.141%	2,002,564	22,593	2022-09-30
Artisan Non-U.S. Small-Mid Growth Comp	5.307%	1.141%	2,002,564	22,593	2022-09-30
ClearBridge Small Cap Growth A	5.064%	-1.662%	1,910,753	-32,299	2022-09-30
ClearBridge Small Cap Growth	5.064%	0.000%	1,910,753	0	2022-11-30
Conestoga Small Cap Growth	2.770%	-23.023%	1,045,074	-312,565	2022-12-31
Vanguard Instl Ttl Stck Mkt Idx Tr	2.720%	0.032%	1,026,257	323	2022-09-30
Vanguard Total Stock Mkt Idx Inv	2.720%	0.000%	1,026,257	0	2022-11-30
iShares Russell 2000 ETF	2.212%	-0.832%	834,512	-7,000	2022-12-30
BBH Partner Fund Small Cap Equity	1.259%	-17.391%	475,000	-100,000	2022-11-30
Vanguard Extended Market Index Investor	1.221%	-0.613%	460,834	-2,844	2022-11-30
Old Westbury Small & Mid Cap Strategies	1.185%	-0.675%	447,240	-3,041	2022-10-31
Nicholas Small-Cap Growth Equity	0.875%	10.466%	330,314	31,295	2022-09-30
Nicholas Limited Edition I	0.875%	10.466%	330,314	31,295	2022-09-30
Conestoga Small Cap Growth Cllctv A	0.826%	-21.089%	311,690	-83,300	2022-11-30
iShares Russell 2000 Growth ETF	0.813%	0.113%	306,675	345	2022-12-30
Emerald Growth A	0.790%	0.000%	298,242	0	2022-11-30
Fidelity® Small Cap Index	0.768%	2.545%	289,959	7,197	2022-10-31
Loomis Sayles Small Cap Growth Instl	0.744%	28.095%	280,540	61,530	2022-11-30
Stephens Small Cap Growth	0.708%	0.000%	264,633	264,633	2022-09-30