Contrarius Investment Management’s Michaels Stores, Inc MIK Stock Holding History

Contrarius Investment Management’s Portfolio MIK Stock Details MIK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2021 Q1	–	Sell	-8,983,819	Closed	-$117M	–	72
2020 Q4	$117M	Sell	8,983,819 -505,324	-5%	-$5.14M	7.24%	2
2020 Q3	$91.6M	Sell	9,489,143 -704,435	-7%	-$6.11M	8%	3
2020 Q2	$72.1M	Buy	10,193,578 +1,801,290	+21%	+$7.07M	6.81%	3
2020 Q1	$13.6M	Buy	8,392,288 +2,709,969	+48%	+$12.8M	1.74%	19
2019 Q4	$46M	Buy	5,682,319 +3,985,615	+235%	+$33.5M	2.41%	12
2019 Q3	$16.6M	Buy	+1,696,704	New	+$12.7M	0.98%	24
2018 Q3	–	Sell	-264,201	Closed	-$5.07M	–	64
2018 Q2	$5.07M	Buy	+264,201	New	+$5.02M	0.2%	49

Other funds holding MIK

BCI

Bain Capital Investors Boston, Massachusetts $4.82B AUM 35.43% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

GCL

Glazer Capital LLC New York $4.07B AUM 78.71% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Contrarius Investment Management's MIK Position: Q1 2021 in Review

Contrarius Investment Management sold out of Michaels Stores, Inc (MIK) in Q1 2021, closing a stake of 8,983,819 shares — an estimated $117M sold.

Contrarius Investment Management first reported a position in MIK in Q2 2018 and held it in 7 quarters. The position peaked at $117M in Q4 2020. 217 funds tracked by Wall St. Rank hold MIK as of Q1 2021.

Contrarius Investment Management reported no remaining Michaels Stores, Inc position as of Q1 2021 after selling out during the quarter.
Contrarius Investment Management sold 8,983,819 Michaels Stores, Inc shares in Q1 2021, an estimated $117M.
Contrarius Investment Management first reported a position in Michaels Stores, Inc in Q2 2018 and held it in 7 quarters.
Contrarius Investment Management's Michaels Stores, Inc position peaked at $117M in Q4 2020.
217 funds tracked by Wall St. Rank held Michaels Stores, Inc as of Q1 2021.

Based on Contrarius Investment Management's 13F filing for Q1 2021, filed 7 May 2021.