Mistras Group
96 hedge funds and large institutions have $370M invested in Mistras Group in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 26 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
35% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 26
17% more capital invested
Capital invested by funds: $316M → $370M (+$53.2M)
12% more funds holding
Funds holding: 86 → 96 (+10)
0.97% more ownership
Funds ownership: 59.12% → 60.09% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $255K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.17M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$3M |
| 3 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$2.95M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$2.44M |
| 5 |
Renaissance Technologies
New York
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
-$6.88M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$4.37M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$3.97M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Envestnet Asset Management
Chicago,
Illinois
| – | -$40K | -2,125 | Closed |
|
|
PIA
102
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$6K | -304 | Closed |
|
MG Hedge Fund Activity: Q3 2018 in Review
96 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q3 2018, worth a combined $370M — up 17% from $316M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MG positions and 6 closed out — a net gain of 10 holders — while 35 added to existing stakes and 26 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $7.17M. The largest seller was Broad Run Investment Management, cutting an estimated $6.88M.
- 96 institutional investors held Mistras Group (MG) as of Q3 2018, up from 86 in Q2 2018.
- Funds reported $370M of Mistras Group stock for Q3 2018, up 17% quarter-over-quarter.
- 16 funds opened new Mistras Group positions in Q3 2018 and 6 closed out, a net change of +10 holders.
- The largest Mistras Group buyer in Q3 2018 was Deutsche Bank, an estimated $7.17M added.
- The largest Mistras Group seller in Q3 2018 was Broad Run Investment Management, an estimated $6.88M sold.
Based on aggregated 13F filings for Q3 2018.