Mistras Group
90 hedge funds and large institutions have $314M invested in Mistras Group in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 39 reducing their positions, and 12 closing their positions.
886% more call options, than puts
Call options by funds: $286K | Put options by funds: $29K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.88% less ownership
Funds ownership: 54.66% → 53.79% (-0.88%)
6% less funds holding
Funds holding: 96 → 90 (-6)
18% less capital invested
Capital invested by funds: $381M → $314M (-$67.1M)
31% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 39
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$13.5M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$8.64M |
| 3 |
Renaissance Technologies
New York
|
+$2.44M |
| 4 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
+$2.39M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$10.6M |
| 2 |
BAMCO Inc
New York
|
-$8.29M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.84M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$2.24M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$10K | -400 | Closed |
|
|
GSC
102
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$2K | -100 | Closed |
|
103
Bessemer Group
Woodbridge,
New Jersey
| – | -$960 | -44 | -72% |
|
MG Hedge Fund Activity: Q3 2014 in Review
90 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q3 2014, worth a combined $314M — down 18% from $381M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MG and 6 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 27 added.
The largest buyer was Broad Run Investment Management, adding an estimated $13.5M. The largest seller was Champlain Investment Partners, cutting an estimated $10.6M.
- 90 institutional investors held Mistras Group (MG) as of Q3 2014, down from 96 in Q2 2014.
- Funds reported $314M of Mistras Group stock for Q3 2014, down 18% quarter-over-quarter.
- 6 funds opened new Mistras Group positions in Q3 2014 and 12 closed out, a net change of -6 holders.
- The largest Mistras Group buyer in Q3 2014 was Broad Run Investment Management, an estimated $13.5M added.
- The largest Mistras Group seller in Q3 2014 was Champlain Investment Partners, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2014.