OCM
MIK

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

Orchard 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
2021
Q2 		– Sell
-771,553
Closed -$16.9M – 45
2021
Q1 		$16.9M Sell
771,553
-16,316
-2% -$288K 5.33% 3
2020
Q4 		$10.3M Buy
+787,869
New +$8.01M 4.37% 4

Orchard Capital Management's MIK Position: Q2 2021 in Review

Orchard Capital Management sold out of Michaels Stores, Inc (MIK) in Q2 2021, closing a stake of 771,553 shares — an estimated $16.9M sold.

Orchard Capital Management first reported a position in MIK in Q4 2020 and held it in 2 quarters. The position peaked at $16.9M in Q1 2021. 0 funds tracked by Wall St. Rank hold MIK as of Q2 2021.

  • Orchard Capital Management reported no remaining Michaels Stores, Inc position as of Q2 2021 after selling out during the quarter.
  • Orchard Capital Management sold 771,553 Michaels Stores, Inc shares in Q2 2021, an estimated $16.9M.
  • Orchard Capital Management first reported a position in Michaels Stores, Inc in Q4 2020 and held it in 2 quarters.
  • Orchard Capital Management's Michaels Stores, Inc position peaked at $16.9M in Q1 2021.
  • 0 funds tracked by Wall St. Rank held Michaels Stores, Inc as of Q2 2021.

Based on Orchard Capital Management's 13F filing for Q2 2021, filed 17 Aug 2021.