Mistras Group
81 hedge funds and large institutions have $313M invested in Mistras Group in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 23 reducing their positions, and 15 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 23
9% more capital invested
Capital invested by funds: $288M → $313M (+$25.2M)
2.66% more ownership
Funds ownership: 54.09% → 56.76% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 86 → 81 (-5)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
70% less call options, than puts
Call options by funds: $773K | Put options by funds: $2.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$18.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.5M |
| 3 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$3.99M |
| 4 |
MP
Marlowe Partners
New York
|
+$3.63M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.2M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.36M |
| 3 |
HP
Harvey Partners
Tarrytown,
New York
|
-$5.68M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.37M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.32M |
MG Hedge Fund Activity: Q1 2015 in Review
81 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q1 2015, worth a combined $313M — up 8.8% from $288M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MG and 10 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 35 added.
The largest buyer was Rutabaga Capital Management, adding an estimated $18.9M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $8.2M sold.
- 81 institutional investors held Mistras Group (MG) as of Q1 2015, down from 86 in Q4 2014.
- Funds reported $313M of Mistras Group stock for Q1 2015, up 8.8% quarter-over-quarter.
- 10 funds opened new Mistras Group positions in Q1 2015 and 15 closed out, a net change of -5 holders.
- The largest Mistras Group buyer in Q1 2015 was Rutabaga Capital Management, an estimated $18.9M added.
- The largest Mistras Group seller in Q1 2015 was Polar Asset Management Partners, an estimated $8.2M sold.
Based on aggregated 13F filings for Q1 2015.