Mistras Group
95 hedge funds and large institutions have $409M invested in Mistras Group in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 39 increasing their positions, 37 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% more capital invested
Capital invested by funds: $382M → $409M (+$26.9M)
5% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 37
1.96% less ownership
Funds ownership: 56.56% → 54.59% (-2%)
11% less funds holding
Funds holding: 107 → 95 (-12)
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
63% less call options, than puts
Call options by funds: $90K | Put options by funds: $244K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$7.27M |
| 2 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$5.79M |
| 3 |
ECM
Engine Capital Management
New York
|
+$5.15M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$4.01M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.93M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$3.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.06M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
101
Oberweis Asset Management
Lisle,
Illinois
| – | -$498K | -21,200 | Closed |
|
|
TI
102
Trexquant Investment
Stamford,
Connecticut
| – | -$438K | -18,672 | Closed |
|
|
PP
103
PDT Partners
New York
| – | -$380K | -16,200 | Closed |
|
|
ACI
104
AMP Capital Investors
Sydney,
Australia
| – | -$332K | -14,181 | Closed |
|
|
AIMCA
105
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$329K | -14,000 | Closed |
|
106
UBS AM
Chicago,
Illinois
| – | -$265K | -11,299 | Closed |
|
|
SO
107
STRS Ohio
Columbus,
Ohio
| – | -$218K | -9,300 | Closed |
|
|
HCM
108
Highbridge Capital Management
New York
| – | -$215K | -9,144 | Closed |
|
|
AP
109
AHL Partners
London,
United Kingdom
| – | -$202K | -8,604 | Closed |
|
110
US Bancorp
Minneapolis,
Minnesota
| – | -$57K | -2,434 | Closed |
|
|
SAM
111
Solaris Asset Management
New York
| – | -$25K | -1,050 | Closed |
|
|
LAM
112
Lebenthal Asset Management
New York
| – | -$23K | -961 | Closed |
|
|
PCM
113
Prelude Capital Management
New York
| – | -$14K | -600 | Closed |
|
114
Walleye Trading
New York
| – | -$5K | -200 | Closed |
|
MG Hedge Fund Activity: Q4 2016 in Review
95 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q4 2016, worth a combined $409M — up 7% from $382M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of MG and 8 opened new positions — a net loss of 11 holders — while 37 trimmed existing stakes and 39 added.
The largest buyer was Wedge Capital Management, adding an estimated $7.27M. The largest seller was AllianceBernstein, cutting an estimated $10.6M.
- 95 institutional investors held Mistras Group (MG) as of Q4 2016, down from 107 in Q3 2016.
- Funds reported $409M of Mistras Group stock for Q4 2016, up 7% quarter-over-quarter.
- 8 funds opened new Mistras Group positions in Q4 2016 and 19 closed out, a net change of -11 holders.
- The largest Mistras Group buyer in Q4 2016 was Wedge Capital Management, an estimated $7.27M added.
- The largest Mistras Group seller in Q4 2016 was AllianceBernstein, an estimated $10.6M sold.
Based on aggregated 13F filings for Q4 2016.