SCM
MIK

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

Suvretta 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
2017
Q2 		– Sell
-1,012,480
Closed -$22.7M – 38
2017
Q1 		$22.7M Sell
1,012,480
-292,520
-22% -$6.15M 0.71% 33
2016
Q4 		$26.7M Buy
+1,305,000
New +$30.3M 0.69% 36
2016
Q3 		– Sell
-943,700
Closed -$26.8M – 44
2016
Q2 		$26.8M Buy
943,700
+443,700
+89% +$12.5M 1.02% 21
2016
Q1 		$14M Buy
+500,000
New +$11.6M 0.53% 22

Other funds holding MIK

BCI
Bain Capital Investors Boston, Massachusetts $3.27B AUM 3.23% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
Blackstone Inc
Blackstone Inc New York $25.6B AUM 26.83% 1-Year Est. Return
HCM
Highfields Capital Management Boston, Massachusetts $68.3M AUM 21.64% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
William Blair Investment Management
William Blair Investment Management Chicago, Illinois $30.3B AUM 33.75% 1-Year Est. Return
PCM
Pennant Capital Management Summit, New Jersey $212M AUM 19.37% 1-Year Est. Return

Suvretta Capital Management's MIK Position: Q2 2017 in Review

Suvretta Capital Management sold out of Michaels Stores, Inc (MIK) in Q2 2017, closing a stake of 1,012,480 shares — an estimated $22.7M sold.

Suvretta Capital Management first reported a position in MIK in Q1 2016 and held it in 4 quarters. The position peaked at $26.8M in Q2 2016. 236 funds tracked by Wall St. Rank hold MIK as of Q2 2017.

  • Suvretta Capital Management reported no remaining Michaels Stores, Inc position as of Q2 2017 after selling out during the quarter.
  • Suvretta Capital Management sold 1,012,480 Michaels Stores, Inc shares in Q2 2017, an estimated $22.7M.
  • Suvretta Capital Management first reported a position in Michaels Stores, Inc in Q1 2016 and held it in 4 quarters.
  • Suvretta Capital Management's Michaels Stores, Inc position peaked at $26.8M in Q2 2016.
  • 236 funds tracked by Wall St. Rank held Michaels Stores, Inc as of Q2 2017.

Based on Suvretta Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.