There is a long list of 170 institutional holders of MODN within the last two holding periods in our database of 13F filers, so we've sorted through to present to you just the top 50 institutional holders of MODN by largest to smallest position reported in the institutional investor's latest 13F filing. In the institutional-holders-of-MODN table below, the initial column indicates the name of each top institutional holder of MODN, with a link to that fund's top holdings. The next columns indicate the amount of MODN stock held by each of the institutional holders of MODN, followed by the MODN position size held by the institution, and finally the date of the quarterly 13F filing period the holdings data represents for that institution.

Holder	Amount	Position Size ($ in 1000's)	As of
Opti Capital Management LP		$9,061,425	12/31/2023
NOTE 2	8,500,000	$9,061,425	12/31/2023
BlackRock Inc.	4,104,328	$110,530	12/31/2023
MODN	4,104,328	$110,530	12/31/2023
Conestoga Capital Advisors LLC	3,824,894	$103,004	12/31/2023
MODN	3,824,894	$103,004	12/31/2023
Neuberger Berman Group LLC	3,415,219	$91,972	12/31/2023
MODN	3,415,219	$91,972	12/31/2023
Artisan Partners Limited Partnership	3,168,453	$85,326	12/31/2023
MODN	3,168,453	$85,326	12/31/2023
Clearbridge Investments LLC	2,718,760	$73,216	12/31/2023
MODN	2,718,760	$73,216	12/31/2023
Vanguard Group Inc.	2,710,820	$73,002	12/31/2023
MODN	2,710,820	$73,002	12/31/2023
First Light Asset Management LLC	1,540,708	$41,491	12/31/2023
MODN	1,540,708	$41,491	12/31/2023
Riverbridge Partners LLC	1,268,146	$34,151	12/31/2023
MODN	1,268,146	$34,151	12/31/2023
T. Rowe Price Investment Management Inc.	1,100,742	$29,643	12/31/2023
MODN	1,100,742	$29,643	12/31/2023
State Street Corp	939,581	$25,303	12/31/2023
MODN	939,581	$25,303	12/31/2023
Ranger Investment Management L.P.	937,846	$25,256	12/31/2023
MODN	937,846	$25,256	12/31/2023
Renaissance Technologies LLC	778,926	$20,976	12/31/2023
MODN	778,926	$20,976	12/31/2023
Geode Capital Management LLC	767,755	$20,678	12/31/2023
MODN	767,755	$20,678	12/31/2023
Morgan Stanley	610,974	$16,454	12/31/2023
MODN	610,974	$16,454	12/31/2023
Bares Capital Management Inc.	565,000	$15,215	12/31/2023
MODN	565,000	$15,215	12/31/2023
Stephens Investment Management Group LLC	506,371	$13,637	12/31/2023
MODN	506,371	$13,637	12/31/2023
Northern Trust Corp	466,586	$12,565	12/31/2023
MODN	466,586	$12,565	12/31/2023
Dimensional Fund Advisors LP	414,532	$11,164	12/31/2023
MODN	414,532	$11,164	12/31/2023
Millennium Management LLC	405,601	$10,923	12/31/2023
MODN	405,601	$10,923	12/31/2023
Nuveen Asset Management LLC	329,936	$8,885	12/31/2023
MODN	329,936	$8,885	12/31/2023
Royal Bank of Canada	316,955	$8,537	12/31/2023
MODN	316,955	$8,537	12/31/2023
Nicholas Company Inc.	283,914	$7,646	12/31/2023
MODN	283,914	$7,646	12/31/2023
Comerica Bank	282,096	$7,597	12/31/2023
MODN	282,096	$7,597	12/31/2023
Charles Schwab Investment Management Inc.	277,874	$7,483	12/31/2023
MODN	277,874	$7,483	12/31/2023
Ameriprise Financial Inc.	261,031	$7,030	12/31/2023
MODN	261,031	$7,030	12/31/2023
New York State Common Retirement Fund	260,321	$7,010	12/31/2023
MODN	260,321	$7,010	12/31/2023
Nordea Investment Management AB	245,206	$6,645	12/31/2023
MODN	245,206	$6,645	12/31/2023
Summit Creek Advisors LLC	243,984	$6,570	12/31/2023
MODN	243,984	$6,570	12/31/2023
Russell Investments Group Ltd.	233,312	$6,283	12/31/2023
MODN	233,312	$6,283	12/31/2023
Sea Cliff Partners Management LP	225,709	$6,078	12/31/2023
MODN	225,709	$6,078	12/31/2023
Assenagon Asset Management S.A.	213,077	$6,066	03/31/2024
MODN	213,077	$6,066	03/31/2024
B. Riley Asset Management LLC	239,936	$6,018	12/31/2023
MODN	239,936	$6,018	12/31/2023
Kopp Family Office LLC	214,335	$5,772	12/31/2023
MODN	214,335	$5,772	12/31/2023
Lazard Asset Management LLC		$5,449	12/31/2023
Bond 30 360P2 U	5,065,000	$5,449	12/31/2023
Davidson Kempner Capital Management LP		$5,330	12/31/2023
NOTE 2	5,000,000	$5,330	12/31/2023
Bank of America Corp DE	190,956	$5,142	12/31/2023
MODN	190,956	$5,142	12/31/2023
Segall Bryant & Hamill LLC	188,029	$5,064	12/31/2023
MODN	188,029	$5,064	12/31/2023
Rice Hall James & Associates LLC	173,036	$4,926	03/31/2024
MODN	173,036	$4,926	03/31/2024
Two Sigma Investments LP	178,907	$4,818	12/31/2023
MODN	178,907	$4,818	12/31/2023
Bank of New York Mellon Corp		$4,775	03/31/2024
MODN	157,740	$4,491	03/31/2024
NOTE	300,000	$284	03/31/2024
Madison Asset Management LLC	161,989	$4,362	12/31/2023
MODN	161,989	$4,362	12/31/2023
Goldman Sachs Group Inc.	147,785	$3,980	12/31/2023
MODN	147,785	$3,980	12/31/2023
Sixth Street Partners Management Company L.P.	145,000	$3,905	12/31/2023
MODN	145,000	$3,905	12/31/2023
Two Sigma Advisers LP	135,500	$3,649	12/31/2023
MODN	135,500	$3,649	12/31/2023
RE Advisers Corp	134,900	$3,633	12/31/2023
MODN	134,900	$3,633	12/31/2023
Wells Fargo & Company MN		$3,549	12/31/2023
NOTE 2	2,450,000	$2,629	12/31/2023
MODN	34,170	$920	12/31/2023
Squarepoint Ops LLC	120,697	$3,250	12/31/2023
MODN	120,697	$3,250	12/31/2023
Boothbay Fund Management LLC	117,911	$3,175	12/31/2023
MODN	117,911	$3,175	12/31/2023
Citadel Advisors LLC		$3,102	12/31/2023
MODN	99,794	$2,687	12/31/2023
Call	18,600	$501	12/31/2023
Put	3,200	$86	12/31/2023