Mistras Group
101 hedge funds and large institutions have $343M invested in Mistras Group in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
18% more call options, than puts
Call options by funds: $461K | Put options by funds: $390K
12% more capital invested
Capital invested by funds: $306M → $343M (+$37.1M)
7% more funds holding
Funds holding: 94 → 101 (+7)
1.59% more ownership
Funds ownership: 51.57% → 53.16% (+1.6%)
6% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.29M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.55M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
+$4.51M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$3.71M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newland Capital Management
New York
|
-$15.6M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.36M |
| 3 |
WHI
William Harris Investors
Chicago,
Illinois
|
-$2.31M |
| 4 |
Two Sigma Investments
New York
|
-$1.2M |
| 5 |
Renaissance Technologies
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $289 | -$121K | -5,261 | -41% |
|
|
NCM
102
Newland Capital Management
New York
| – | -$15.6M | -746,784 | Closed |
|
|
GLA
103
Great Lakes Advisors
Chicago,
Illinois
| – | -$1.01M | -48,526 | Closed |
|
104
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$948K | -45,423 | Closed |
|
|
FPC
105
Falcon Point Capital
San Francisco,
California
| – | -$654K | -31,300 | Closed |
|
106
LPL Financial
San Diego,
California
| – | -$224K | -10,732 | Closed |
|
|
ARTA
107
A.R.T. Advisors
New York
| – | -$209K | -10,049 | Closed |
|
|
NJBEST
108
New Jersey Better Educational Savings Trust
Trenton,
New Jersey
| – | -$209K | -10,000 | Closed |
|
|
GF
109
Gerstein Fisher
New York
| – | -$1.05M | -5,028 | Closed |
|
|
U
110
UBS
Zurich,
Switzerland
| – | -$15K | -651 | -97% |
|
|
BGIM
111
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$7K | -315 | Closed |
|
112
BNP Paribas Financial Markets
Paris,
France
| – | -$4.3K | -206 | Closed |
|
MG Hedge Fund Activity: Q1 2014 in Review
101 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q1 2014, worth a combined $343M — up 12% from $306M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MG positions and 10 closed out — a net gain of 9 holders — while 32 added to existing stakes and 34 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $8.29M. The largest seller was Newland Capital Management, exiting entirely with an estimated $15.6M sold.
- 101 institutional investors held Mistras Group (MG) as of Q1 2014, up from 94 in Q4 2013.
- Funds reported $343M of Mistras Group stock for Q1 2014, up 12% quarter-over-quarter.
- 19 funds opened new Mistras Group positions in Q1 2014 and 10 closed out, a net change of +9 holders.
- The largest Mistras Group buyer in Q1 2014 was Royal Bank of Canada, an estimated $8.29M added.
- The largest Mistras Group seller in Q1 2014 was Newland Capital Management, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2014.