Matarin Capital Management 13F annual report

Matarin Capital Management is an investment fund managing more than $409 million ran by Melanie Mendoza. There are currently 184 companies in Mrs. Mendoza’s portfolio. The largest investments include Alarm.com Inc and Corcept Therapeutics Inc, together worth $13.6 million.

Limited to 30 biggest holdings

$409 million Assets Under Management (AUM)

As of 27th January 2021, Matarin Capital Management’s top holding is 70,950 shares of Alarm.com Inc currently worth over $7.34 million and making up 1.8% of the portfolio value. Relative to the number of outstanding shares of Alarm.com Inc, Matarin Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 239,742 shares of Corcept Therapeutics Inc worth $6.27 million, whose value grew 95.0% in the past six months. The third-largest holding is Providence Service Corp worth $6.25 million and the next is Waddell Reed Financial-a worth $5 million, with 196,143 shares owned.

Currently, Matarin Capital Management's portfolio is worth at least $409 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Matarin Capital Management

The Matarin Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Melanie Mendoza serves as the Chief Compliance Officer at Matarin Capital Management.

Recent trades

In the most recent 13F filing, Matarin Capital Management revealed that it had opened a new position in Insight Enterprises and bought 62,407 shares worth $4.75 million. This means they effectively own approximately 0.1% of the company. Insight Enterprises makes up 6.9% of the fund's Technology sector allocation and has grown its share price by 19.9% in the past year.

The investment fund also strengthened its position in Apple Inc by buying 22,180 additional shares. This makes their stake in Apple Inc total 34,449 shares worth $4.57 million. Apple Inc soared 74.9% in the past year.

On the other hand, there are companies that Matarin Capital Management is getting rid of from its portfolio. Matarin Capital Management closed its position in Stride Inc on 3rd February 2021. It sold the previously owned 298,667 shares for $8.14 million. Melanie Mendoza also disclosed a decreased stake in Alarm.com Inc by 0.4%. This leaves the value of the investment at $7.34 million and 70,950 shares.

One of the average hedge funds

The two most similar investment funds to Matarin Capital Management are Tortoise Investment Management and Lindbrook Capital. They manage $409 million and $409 million respectively.


Melanie Mendoza investment strategy

Matarin Capital Management’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 16.8% of the total portfolio value. The fund focuses on investments in the United States as 75.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 14% of the total holdings value. On the other hand, small-cap stocks make up only 1.6% of the portfolio. The average market cap of the portfolio companies is close to $43 billion.

The complete list of Matarin Capital Management trades based on 13F SEC filings

These positions were updated on February 3rd based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Stride Inc
Closed
298,667
$8,136,000
Patrick Industries, Inc.
Closed
123,955
$7,592,000
Alarm.com Holdings Inc
41.23%
70,950
$7,340,000 1.79%
Corcept Therapeutics Inc
41.57%
239,742
$6,272,000 1.53%
Providence Service Corp
40.34%
45,109
$6,253,000 1.53%
Cogent Communications Holdin
Closed
69,516
$5,378,000
Waddell Reed Financial-a
41.27%
196,143
$4,996,000 1.22%
Atkore International Group I
37.39%
119,059
$4,895,000 1.20%
Inogen Inc
9.85%
106,685
$4,767,000 1.16%
Insight Enterprises Inc.
Opened
62,407
$4,749,000 1.16%
AMKOR Technology Inc.
41.51%
310,013
$4,675,000 1.14%
Adobe Inc
Closed
10,728
$4,670,000
ArcBest Corp
41.30%
108,584
$4,633,000 1.13%
Apple Inc
180.78%
34,449
$4,571,000 1.12%
Pricesmart Inc.
200.54%
46,622
$4,247,000 1.04%
Meritage Homes Corp.
4.66%
51,117
$4,234,000 1.03%
Evertec Inc
46.16%
107,014
$4,208,000 1.03%
SMART Global Holdings Inc
31.19%
110,979
$4,176,000 1.02%
Magellan Health Inc
39.26%
50,128
$4,153,000 1.01%
ProPetro Holding Corp
Opened
561,646
$4,151,000 1.01%
Mastec Inc.
42.02%
60,328
$4,113,000 1.01%
Msg Networks Inc- A
Opened
277,415
$4,089,000 1.00%
Stepan Co.
37.94%
34,203
$4,081,000 1.00%
J2 Global Inc.
11.47%
40,188
$3,926,000 0.96%
Installed Building Products Inc
42.71%
38,214
$3,895,000 0.95%
Central Garden And Pet Co-a
26.49%
106,573
$3,872,000 0.95%
Coca-cola Bottling Co Consol
Closed
16,670
$3,821,000
Mueller Industries, Inc.
39.93%
107,909
$3,789,000 0.93%
American Woodmark Corp.
41.04%
40,121
$3,765,000 0.92%
BJ`s Restaurant Inc.
Closed
176,804
$3,702,000
Schnitzer Steel Inds Inc-a
38.65%
114,989
$3,669,000 0.90%
Marcus Millichap Inc
14.55%
98,391
$3,663,000 0.90%
Atlas Air Worldwide Holdings Inc.
42.79%
66,927
$3,650,000 0.89%
Sp Global Inc
Closed
10,932
$3,602,000
Hibbett Sports Inc
39.24%
77,855
$3,595,000 0.88%
AMN Healthcare Services Inc.
41.06%
52,623
$3,592,000 0.88%
Encore Wire Corp.
37.12%
59,299
$3,592,000 0.88%
Cardtronics Inc
32.82%
101,732
$3,591,000 0.88%
PayPal Holdings Inc
29.82%
15,324
$3,589,000 0.88%
Big Lots Inc
41.46%
82,852
$3,557,000 0.87%
Murphy USA Inc
27.96%
26,704
$3,495,000 0.85%
Microsoft Corporation
29.74%
15,621
$3,474,000 0.85%
Group 1 Automotive, Inc.
25.68%
26,462
$3,470,000 0.85%
Us Cellular Corp
Opened
112,233
$3,444,000 0.84%
Renewable Energy Group Inc
Closed
138,249
$3,426,000
Synchrony Financial
35.05%
97,789
$3,394,000 0.83%
MGIC Investment Corp
Opened
270,367
$3,393,000 0.83%
Comcast Corp-class A
30.23%
64,651
$3,388,000 0.83%
Mercury General Corp.
22.84%
64,003
$3,342,000 0.82%
Timken Co.
53.35%
42,974
$3,324,000 0.81%
Citrix Systems, Inc.
Closed
22,412
$3,315,000
Supernus Pharmaceuticals Inc
40.20%
129,607
$3,261,000 0.80%
Enersys
Opened
38,994
$3,239,000 0.79%
Beacon Roofing Supply Inc
Opened
80,303
$3,227,000 0.79%
Usana Health Sciences Inc
41.79%
41,208
$3,177,000 0.78%
Quanta Services, Inc.
38.69%
43,734
$3,150,000 0.77%
Greif Inc
30.00%
65,634
$3,077,000 0.75%
Medpace Holdings Inc
59.70%
22,096
$3,076,000 0.75%
Qualcomm, Inc.
Opened
20,125
$3,066,000 0.75%
KB Home
Opened
91,195
$3,057,000 0.75%
Starbucks Corp.
Closed
41,522
$3,056,000
Intel Corp.
10.79%
61,267
$3,052,000 0.75%
Home Depot, Inc.
30.16%
11,414
$3,032,000 0.74%
Perspecta Inc
33.09%
125,493
$3,022,000 0.74%
Walmart Inc
31.99%
20,962
$3,022,000 0.74%
Avista Corp.
Closed
83,030
$3,021,000
Core-mark Holding Co Inc
22.43%
102,456
$3,009,000 0.74%
Abbvie Inc
Opened
27,513
$2,948,000 0.72%
Evercore Partners Inc-cl A
63.84%
26,828
$2,941,000 0.72%
Biogen Idec Inc
Closed
10,976
$2,937,000
Clorox Co.
Closed
13,382
$2,936,000
Rush Enterprises Inc
Opened
70,369
$2,915,000 0.71%
FTI Consulting Inc.
Closed
24,912
$2,854,000
Synovus Financial Corp.
22.72%
87,772
$2,841,000 0.69%
Eagle Pharmaceuticals Inc
Closed
58,977
$2,830,000
Amc Networks Inc-a
Closed
120,841
$2,826,000
Fortinet Inc
29.82%
18,912
$2,809,000 0.69%
Progressive Corp.
27.56%
28,050
$2,774,000 0.68%
Home Bancshares Inc
44.28%
140,091
$2,729,000 0.67%
Piper Sandler Cos
59.51%
26,538
$2,678,000 0.65%
Brighthouse Financial, Inc.
0.12%
72,844
$2,637,000 0.64%
HCA Healthcare Inc
Opened
16,025
$2,635,000 0.64%
Verisign Inc.
30.14%
12,149
$2,629,000 0.64%
Us Concrete Inc
39.25%
65,396
$2,614,000 0.64%
Target Corp
40.30%
14,757
$2,605,000 0.64%
Akamai Technologies Inc
Closed
24,203
$2,592,000
Beazer Homes USA Inc.
39.55%
169,267
$2,564,000 0.63%
Uniti Group Inc
Opened
216,251
$2,537,000 0.62%
Bristol-Myers Squibb Co.
27.80%
40,822
$2,532,000 0.62%
ManpowerGroup
19.98%
28,042
$2,529,000 0.62%
Kforce Inc.
42.78%
59,951
$2,523,000 0.62%
Innoviva Inc
40.11%
203,655
$2,523,000 0.62%
CenturyLink, Inc.
Closed
246,079
$2,468,000
National Fuel Gas Co.
31.37%
59,006
$2,427,000 0.59%
OneSpan Inc
Closed
86,598
$2,419,000
Travelers Cos Inc/the
30.11%
17,168
$2,410,000 0.59%
Rambus Inc.
40.58%
137,215
$2,396,000 0.59%
Southwest Gas Holdings Inc
3.67%
39,400
$2,394,000 0.59%
PC Connection, Inc.
20.24%
50,338
$2,380,000 0.58%
Asbury Automotive Group Inc
Opened
16,268
$2,371,000 0.58%
NIC Inc
35.08%
91,603
$2,366,000 0.58%
RE/MAX Holdings Inc
17.46%
64,486
$2,343,000 0.57%
Alexander Baldwin Inc
42.04%
135,865
$2,334,000 0.57%
Steelcase, Inc.
41.36%
170,199
$2,306,000 0.56%
Marinemax, Inc.
Opened
65,452
$2,293,000 0.56%
Lumen Technologies, Inc.
Opened
233,300
$2,275,000 0.56%
Dollar General Corp.
33.15%
10,698
$2,250,000 0.55%
Preferred Bank/los Angeles
52.94%
43,959
$2,219,000 0.54%
Glacier Bancorp, Inc.
Closed
62,818
$2,217,000
Lithia Motors, Inc.
Closed
14,564
$2,204,000
Stride Inc
Opened
102,941
$2,185,000 0.53%
Centerpoint Energy Inc.
Opened
98,789
$2,138,000 0.52%
Best Buy Co. Inc.
Opened
21,417
$2,137,000 0.52%
Urban Outfitters, Inc.
59.91%
83,193
$2,130,000 0.52%
Central Pacific Financial Corp.
39.51%
112,007
$2,129,000 0.52%
Piedmont Office Realty Tru-a Reit 0.0
42.31%
130,983
$2,126,000 0.52%
SPS Commerce Inc.
Closed
28,228
$2,120,000
Amerisourcebergen Corp
21.06%
21,339
$2,086,000 0.51%
Steven Madden Ltd.
Closed
84,225
$2,080,000
Cowen Inc - A
3.93%
79,561
$2,068,000 0.51%
Conoco Phillips
Closed
47,948
$2,015,000
Navient Corp
48.00%
202,588
$1,989,000 0.49%
Shoe Carnival, Inc.
60.71%
50,696
$1,986,000 0.49%
UFP Industries Inc
Closed
39,891
$1,975,000
Pepsico Inc
Opened
13,160
$1,952,000 0.48%
Dynex Capital, Inc.
Opened
108,921
$1,939,000 0.47%
Antero Resources Corp
36.07%
352,811
$1,923,000 0.47%
NextGen Healthcare Inc
30.55%
104,857
$1,913,000 0.47%
Vonage Holdings Corp
41.99%
148,078
$1,907,000 0.47%
DaVita Inc
Opened
16,216
$1,904,000 0.47%
Sykes Enterprises, Inc.
36.86%
49,218
$1,854,000 0.45%
Bank OZK
24.52%
58,971
$1,844,000 0.45%
McGrath Rentcorp
58.24%
27,253
$1,829,000 0.45%
TrueBlue Inc
38.62%
97,444
$1,821,000 0.45%
1st Source Corp.
15.74%
44,869
$1,808,000 0.44%
Berkshire Hathaway Inc.
Closed
10,125
$1,807,000
Xenia Hotels Resorts Inc Reit 0.0
Closed
193,595
$1,806,000
TopBuild Corp
Closed
15,811
$1,799,000
Enterprise Financial Service
Opened
51,174
$1,789,000 0.44%
Benchmark Electronics Inc.
67.46%
64,667
$1,747,000 0.43%
Hudbay Minerals Inc.
40.74%
248,235
$1,738,000 0.42%
Emergent Biosolutions Inc
77.44%
19,133
$1,714,000 0.42%
Western Alliance Bancorp
Opened
28,556
$1,712,000 0.42%
Range Resources Corp
Closed
301,917
$1,700,000
Iridium Communications Inc
42.00%
42,731
$1,680,000 0.41%
Lyondellbasell Indu-cl A
Closed
24,559
$1,614,000
Cerner Corp.
Opened
20,454
$1,605,000 0.39%
Ingles Markets, Inc.
55.02%
37,570
$1,603,000 0.39%
Kontoor Brands Inc
Closed
89,681
$1,597,000
Applied Materials Inc.
30.77%
18,149
$1,566,000 0.38%
EPR Properties
Opened
48,041
$1,561,000 0.38%
Diamondback Energy Inc
Opened
32,099
$1,554,000 0.38%
Avaya Holdings Corp.
Opened
81,141
$1,554,000 0.38%
Emcor Group, Inc.
43.35%
16,955
$1,551,000 0.38%
Zumiez Inc
Closed
53,211
$1,457,000
Lydall, Inc.
38.18%
47,717
$1,433,000 0.35%
Sabra Health Care Reit Inc Reit 0.0
Opened
81,550
$1,417,000 0.35%
Hyster-yale Materials
Opened
23,651
$1,408,000 0.34%
Heidrick Struggles Intl
Closed
64,760
$1,400,000
Meridian Bancorp Inc
57.49%
92,756
$1,383,000 0.34%
TTM Technologies Inc
Opened
96,515
$1,331,000 0.33%
Tivity Health Inc
Opened
67,382
$1,320,000 0.32%
Travere Thereapeutics Inc.
Opened
48,372
$1,318,000 0.32%
Jabil Circuit Inc
49.24%
30,219
$1,285,000 0.31%
Universal Insurance Holdings Inc
17.82%
83,739
$1,265,000 0.31%
Hersha Hospitality Trust Reit 0.0
53.08%
157,055
$1,239,000 0.30%
American Public Education Inc
7.87%
40,326
$1,229,000 0.30%
AES Corp.
31.43%
51,378
$1,207,000 0.29%
Investors Bancorp Inc
33.51%
112,673
$1,190,000 0.29%
M/i Homes Inc
Opened
25,179
$1,115,000 0.27%
RPM International, Inc.
Opened
12,245
$1,112,000 0.27%
Consolidated Communications Holdings Inc
2.90%
226,323
$1,107,000 0.27%
Franklin Street Properties C Reit 0.0
42.09%
247,408
$1,081,000 0.26%
Computer Programs Systems
Opened
39,930
$1,072,000 0.26%
Tredegar Corp.
49.11%
61,007
$1,019,000 0.25%
Rlj Lodging Trust Reit 0.0
85.14%
71,999
$1,019,000 0.25%
Mercer International Inc.
Closed
121,758
$994,000
Surmodics, Inc.
Closed
22,409
$969,000
Hooker Furniture Corp
Opened
29,294
$945,000 0.23%
Boston Properties, Inc.
Closed
10,335
$934,000
Healthstream Inc
44.07%
40,526
$885,000 0.22%
Ready Capital Corp
Closed
100,436
$873,000
Great Southern Bancorp, Inc.
39.56%
17,724
$867,000 0.21%
Deluxe Corp.
Closed
35,557
$837,000
Select Energy Services Inc-a
137.06%
203,772
$835,000 0.20%
CRA International Inc.
64.04%
16,310
$831,000 0.20%
Diodes, Inc.
Closed
16,249
$824,000
Quanex Building Products Corp
27.18%
36,489
$809,000 0.20%
Mitek Systems Inc
Closed
83,737
$805,000
Independent Bank Group Inc
Opened
12,877
$805,000 0.20%
Third Point Reinsurance Ltd
Closed
105,154
$790,000
Anika Therapeutics Inc.
Closed
20,524
$774,000
Physicians Realty Trust Reit 0.0
Closed
43,602
$764,000
EQT Corp
7.52%
59,820
$760,000 0.19%
Photronics, Inc.
18.99%
66,823
$746,000 0.18%
Powell Industries, Inc.
Opened
25,296
$746,000 0.18%
Customers Bancorp Inc
66.08%
40,950
$744,000 0.18%
Canadian Solar Inc
Closed
38,066
$734,000
Regional Management Corp
Opened
23,545
$703,000 0.17%
Warrior Met Coal Inc
Closed
44,456
$684,000
Southwestern Energy Company
31.26%
226,020
$674,000 0.16%
Biospecifics Technologies Corp.
Closed
10,511
$644,000
Transalta Corp.
26.83%
81,258
$617,000 0.15%
Enanta Pharmaceuticals Inc
Closed
12,183
$612,000
Essent Group Ltd
55.11%
14,093
$609,000 0.15%
Boise Cascade Co
37.66%
11,731
$561,000 0.14%
Diversified Healthcare Trust
Opened
134,606
$555,000 0.14%
Preferred Apartment Commun-a Reit 0.0
41.29%
72,751
$538,000 0.13%
Castle Biosciences, Inc.
Closed
14,250
$537,000
Peapack Gladstone Finl Corp
Opened
23,417
$533,000 0.13%
Financial Institutions Inc.
Closed
27,574
$513,000
Retail Value Inc
63.09%
33,713
$501,000 0.12%
Telenav Inc
Closed
86,855
$477,000
Cathay General Bancorp
46.22%
14,570
$469,000 0.11%
Heritage Insurance Holdings Inc.
Opened
46,107
$467,000 0.11%
Office Properties Income Tru
Opened
20,141
$458,000 0.11%
First Busey Corp.
Opened
20,699
$446,000 0.11%
Vanda Pharmaceuticals Inc
1.43%
32,202
$423,000 0.10%
Realogy Holdings Corp
Opened
30,815
$404,000 0.10%
Seneca Foods Corp.
Closed
11,759
$398,000
Veritiv Corp
22.16%
18,827
$391,000 0.10%
Verso Corp - A
Closed
32,549
$389,000
Fresh Del Monte Produce Inc
Opened
16,117
$388,000 0.09%
Foot Locker Inc
Closed
13,266
$387,000
Super Micro Computer Inc
Closed
13,093
$372,000
Metropolitan Bank Holding Corp
Closed
11,200
$359,000
Miller Industries Inc/tenn
Closed
11,955
$356,000
Sciplay Corp-class A
Closed
23,032
$342,000
Village Super Market, Inc.
11.97%
15,110
$333,000 0.08%
Kulicke Soffa Industries
Closed
15,933
$332,000
First Hawaiian INC
Closed
19,282
$332,000
Summit Hotel Properties Inc
73.39%
35,614
$321,000 0.08%
Haverty Furniture
13.39%
11,169
$309,000 0.08%
Meritor Inc
Closed
15,564
$308,000
Avid Bioservices Inc
Opened
26,071
$301,000 0.07%
Radian Group, Inc.
37.39%
14,604
$296,000 0.07%
SpartanNash Co
Opened
16,633
$290,000 0.07%
Global Net Lease Inc
Opened
16,628
$285,000 0.07%
Tutor Perini Corp
Opened
21,395
$277,000 0.07%
ChannelAdvisor Corp
Closed
17,222
$273,000
Fossil Group Inc
Opened
29,690
$257,000 0.06%
A10 Networks Inc
Opened
26,022
$257,000 0.06%
Alpha Omega Semiconductor
Opened
10,564
$250,000 0.06%
Dorian LPG Ltd
Opened
19,186
$234,000 0.06%
Owens Minor Inc
Closed
29,928
$228,000
Waterstone Financial Inc
Opened
11,953
$225,000 0.05%
No transactions found
Showing first 500 out of 246 holdings