Mistras Group
108 hedge funds and large institutions have $393M invested in Mistras Group in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
3% more funds holding
Funds holding: 105 → 108 (+3)
0.42% more ownership
Funds ownership: 56.5% → 56.92% (+0.42%)
2% less capital invested
Capital invested by funds: $400M → $393M (-$6.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$5.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.69M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.78M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.51M |
| 5 |
Millennium Management
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.35M |
| 2 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$3.59M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.87M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.72M |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.52M |
MG Hedge Fund Activity: Q2 2016 in Review
108 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q2 2016, worth a combined $393M — down 1.7% from $400M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MG positions and 7 closed out — a net gain of 4 holders — while 45 added to existing stakes and 36 trimmed.
The largest buyer was Broad Run Investment Management, adding an estimated $5.9M. The largest seller was AllianceBernstein, cutting an estimated $5.35M.
- 108 institutional investors held Mistras Group (MG) as of Q2 2016, up from 105 in Q1 2016.
- Funds reported $393M of Mistras Group stock for Q2 2016, down 1.7% quarter-over-quarter.
- 11 funds opened new Mistras Group positions in Q2 2016 and 7 closed out, a net change of +4 holders.
- The largest Mistras Group buyer in Q2 2016 was Broad Run Investment Management, an estimated $5.9M added.
- The largest Mistras Group seller in Q2 2016 was AllianceBernstein, an estimated $5.35M sold.
Based on aggregated 13F filings for Q2 2016.