HCM
MIK

Highfields Capital Management’s Michaels Stores, Inc MIK Stock Holding History

Highfields Capital 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
2019
Q2 		– Sell
-3,291,049
Closed -$37.6M – 13
2019
Q1 		$37.6M Sell
3,291,049
-4,000,000
-55% -$54.8M 5.17% 7
2018
Q4 		$98.7M Sell
7,291,049
-3,633,382
-33% -$57.7M 4.65% 9
2018
Q3 		$177M Sell
10,924,431
-1,322,876
-11% -$25.2M 3.31% 12
2018
Q2 		$235M Buy
12,247,307
+457,330
+4% +$8.7M 2.58% 14
2018
Q1 		$232M Buy
11,789,977
+932,118
+9% +$22.3M 2.1% 16
2017
Q4 		$263M Sell
10,857,859
-5,430,445
-33% -$112M 2.18% 16
2017
Q3 		$350M Sell
16,288,304
-1,423,730
-8% -$29M 3.01% 13
2017
Q2 		$328M Buy
17,712,034
+3,545,106
+25% +$73.8M 2.43% 15
2017
Q1 		$317M Buy
14,166,928
+2,511,053
+22% +$52.8M 2.94% 10
2016
Q4 		$238M Buy
11,655,875
+600,902
+5% +$14M 1.98% 19
2016
Q3 		$267M Buy
11,054,973
+791,000
+8% +$20.2M 2.5% 13
2016
Q2 		$292M Sell
10,263,973
-2,365
-0% -$66.8K 2.54% 13
2016
Q1 		$287M Buy
10,266,338
+1,313,907
+15% +$30.4M 2.68% 16
2015
Q4 		$198M Buy
8,952,431
+2,629,748
+42% +$59M 1.71% 21
2015
Q3 		$146M Hold
6,322,683
– – 1.29% 26
2015
Q2 		$170M Sell
6,322,683
-2,100,000
-25% -$56.7M 1.53% 20
2015
Q1 		$222M Sell
8,422,683
-2,401,200
-22% -$64M 1.98% 17
2014
Q4 		$268M Buy
10,823,883
+6
+0% +$124 2.28% 15
2014
Q3 		$177M Buy
+10,823,877
New +$178M 1.38% 21

Other funds holding MIK

BCI
Bain Capital Investors Boston, Massachusetts $3.27B AUM 3.23% 1-Year Est. Return
Blackstone Inc
Blackstone Inc New York $25.6B AUM 26.83% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
Prudential Financial
Prudential Financial Newark, New Jersey $81.2B AUM 27.81% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Highfields Capital Management's MIK Position: Q2 2019 in Review

Highfields Capital Management sold out of Michaels Stores, Inc (MIK) in Q2 2019, closing a stake of 3,291,049 shares — an estimated $37.6M sold.

Highfields Capital Management first reported a position in MIK in Q3 2014 and held it in 19 quarters. The position peaked at $350M in Q3 2017. 242 funds tracked by Wall St. Rank hold MIK as of Q2 2019.

  • Highfields Capital Management reported no remaining Michaels Stores, Inc position as of Q2 2019 after selling out during the quarter.
  • Highfields Capital Management sold 3,291,049 Michaels Stores, Inc shares in Q2 2019, an estimated $37.6M.
  • Highfields Capital Management first reported a position in Michaels Stores, Inc in Q3 2014 and held it in 19 quarters.
  • Highfields Capital Management's Michaels Stores, Inc position peaked at $350M in Q3 2017.
  • 242 funds tracked by Wall St. Rank held Michaels Stores, Inc as of Q2 2019.

Based on Highfields Capital Management's 13F filing for Q2 2019, filed 12 Aug 2019.