Mistras Group
101 hedge funds and large institutions have $344M 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 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
18% more call options, than puts
Call options by funds: $461K | Put options by funds: $390K
13% more capital invested
Capital invested by funds: $305M → $344M (+$38.2M)
9% more funds holding
Funds holding: 93 → 101 (+8)
1.61% more ownership
Funds ownership: 51.55% → 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 |
MG Hedge Fund Activity: Q1 2014 in Review
101 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q1 2014, worth a combined $344M — up 13% from $305M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MG positions and 9 closed out — a net gain of 10 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 93 in Q4 2013.
- Funds reported $344M of Mistras Group stock for Q1 2014, up 13% quarter-over-quarter.
- 19 funds opened new Mistras Group positions in Q1 2014 and 9 closed out, a net change of +10 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.