Mistras Group
98 hedge funds and large institutions have $268M invested in Mistras Group in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $241M → $268M (+$26.4M)
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
9% more funds holding
Funds holding: 90 → 98 (+8)
1.77% less ownership
Funds ownership: 58.67% → 56.9% (-1.8%)
51% less call options, than puts
Call options by funds: $80K | Put options by funds: $164K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$4.02M |
| 2 |
Millennium Management
New York
|
+$2.97M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$2.26M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.95M |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.5M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$3.55M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$3.47M |
| 4 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$2.53M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
SG Americas Securities
New York
| – | -$103K | -7,148 | Closed |
|
102
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$72K | -5,000 | Closed |
|
|
PI
103
PEAK6 Investments
Chicago,
Illinois
| – | -$47.6K | -3,100 | Closed |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| – | -$43.9K | -2,862 | -100% |
|
|
AG
105
Aperio Group
Sausalito,
California
| – | -$16K | -1,087 | Closed |
|
MG Hedge Fund Activity: Q3 2019 in Review
98 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q3 2019, worth a combined $268M — up 11% from $241M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MG positions and 8 closed out — a net gain of 9 holders — while 31 added to existing stakes and 28 trimmed.
The largest buyer was ACK Asset Management, opening a new position worth an estimated $4.02M. The largest seller was Wellington Management Group, cutting an estimated $19.5M.
- 98 institutional investors held Mistras Group (MG) as of Q3 2019, up from 90 in Q2 2019.
- Funds reported $268M of Mistras Group stock for Q3 2019, up 11% quarter-over-quarter.
- 17 funds opened new Mistras Group positions in Q3 2019 and 8 closed out, a net change of +9 holders.
- The largest Mistras Group buyer in Q3 2019 was ACK Asset Management, an estimated $4.02M added.
- The largest Mistras Group seller in Q3 2019 was Wellington Management Group, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2019.