Mistras Group
94 hedge funds and large institutions have $306M invested in Mistras Group in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
20% more capital invested
Capital invested by funds: $254M → $306M (+$51.9M)
6% more funds holding
Funds holding: 89 → 94 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.24% less ownership
Funds ownership: 52.81% → 51.57% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$17.5M |
| 2 |
NCM
Newland Capital Management
New York
|
+$11.3M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.19M |
| 4 |
RFS
Rockefeller Financial Services
New York
|
+$6.98M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$19.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$14.9M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$12.6M |
| 4 |
Select Equity Group
New York
|
-$7.82M |
| 5 |
WHI
William Harris Investors
Chicago,
Illinois
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STC
101
SEI Trust Company
Oaks,
Pennsylvania
| – | -$697K | -41,000 | Closed |
|
|
TC
102
TFS Capital
West Chester,
Pennsylvania
| – | -$484K | -28,454 | Closed |
|
|
PP
103
PDT Partners
New York
| – | -$228K | -13,429 | Closed |
|
|
SCM
104
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$177K | -10,437 | Closed |
|
105
ProShare Advisors
Bethesda,
Maryland
| – | -$171K | -10,041 | Closed |
|
|
PG
106
PEAK6 Group
Chicago,
Illinois
| – | -$38K | -4,514 | Closed |
|
|
MA
107
MUFG Americas
New York
| – | -$28K | -1,650 | Closed |
|
108
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -35 | Closed |
|
MG Hedge Fund Activity: Q4 2013 in Review
94 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q4 2013, worth a combined $306M — up 20% from $254M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MG positions and 14 closed out — a net gain of 6 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was GMT Capital, opening a new position worth an estimated $17.5M. The largest seller was BAMCO Inc, cutting an estimated $19.2M.
- 94 institutional investors held Mistras Group (MG) as of Q4 2013, up from 89 in Q3 2013.
- Funds reported $306M of Mistras Group stock for Q4 2013, up 20% quarter-over-quarter.
- 20 funds opened new Mistras Group positions in Q4 2013 and 14 closed out, a net change of +6 holders.
- The largest Mistras Group buyer in Q4 2013 was GMT Capital, an estimated $17.5M added.
- The largest Mistras Group seller in Q4 2013 was BAMCO Inc, an estimated $19.2M sold.
Based on aggregated 13F filings for Q4 2013.