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Mistras Group

105 hedge funds and large institutions have $400M invested in Mistras Group in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 26 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 12

77% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 26

28% more capital invested

Capital invested by funds: $312M → $400M (+$88M)

15% more funds holding

Funds holding: 91105 (+14)

0.14% less ownership

Funds ownership: 56.64%56.5% (-0.14%)

70% less call options, than puts

Call options by funds: $215K | Put options by funds: $716K

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
105
Holders Change
+14
Holders Change %
+15.38%
% of All Funds
2.8%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
26
Increased
46
Reduced
26
Closed
12
Calls
$215K
Puts
$716K
Net Calls
-$501K
Net Calls Change
-$242K
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$71.4M +$1.65M +74,746 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$29.1M +$824K +37,255 +3%
AllianceBernstein
3
AllianceBernstein
Tennessee
$23.2M -$4.82M -217,910 -19%
BRIM
4
Broad Run Investment Management
Virginia
$23M +$1.3K +59 +0%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$22.8M +$3.08M +139,328 +18%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$20.4M -$405K -18,290 -2%
BCA
7
Bernzott Capital Advisors
California
$19M -$8.38M -378,550 -33%
RCM
8
Rutabaga Capital Management
Massachusetts
$16.2M -$15.1M -681,353 -51%
RFS
9
Rockefeller Financial Services
New York
$14.4M +$798K +36,079 +7%
BFA
10
BlackRock Fund Advisors
California
$10.6M -$468K -21,167 -5%
FAM
11
Fenimore Asset Management
New York
$9.18M -$1.6M -72,400 -16%
USAA
12
United Services Automobile Association
Texas
$8.9M +$670K +30,300 +9%
Bank of America
13
Bank of America
North Carolina
$8.14M +$6.42M +290,342 +760%
State Street
14
State Street
Massachusetts
$7.74M +$514K +23,253 +8%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$6.94M -$683K -30,879 -10%
BIT
16
BlackRock Institutional Trust
California
$6.84M +$341K +15,431 +6%
Acadian Asset Management
17
Acadian Asset Management
Massachusetts
$6.57M +$1.75M +79,155 +43%
Northern Trust
18
Northern Trust
Illinois
$6.3M -$489K -22,112 -6%
UIC
19
Uniplan Investment Counsel
Wisconsin
$5.82M +$15.9K +717 +0.3%
CS
20
Credit Suisse
Switzerland
$5.76M +$808K +36,537 +19%
CAM
21
Cortina Asset Management
Wisconsin
$5.35M +$4.78M +216,095 New
Renaissance Technologies
22
Renaissance Technologies
New York
$4.91M +$2.76M +124,700 +170%
OAM
23
Oxford Asset Management
United Kingdom
$4.37M +$1.04M +46,925 +36%
TCIM
24
TIAA CREF Investment Management
New York
$3.83M +$1.12M +50,537 +49%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$2.89M +$121K +5,481 +5%

MG Hedge Fund Activity: Q1 2016 in Review

105 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q1 2016, worth a combined $400M — up 28% from $312M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new MG positions and 12 closed out — a net gain of 14 holders — while 46 added to existing stakes and 26 trimmed.

The largest buyer was Bank of America, adding an estimated $6.42M. The largest seller was Rutabaga Capital Management, cutting an estimated $15.1M.

  • 105 institutional investors held Mistras Group (MG) as of Q1 2016, up from 91 in Q4 2015.
  • Funds reported $400M of Mistras Group stock for Q1 2016, up 28% quarter-over-quarter.
  • 26 funds opened new Mistras Group positions in Q1 2016 and 12 closed out, a net change of +14 holders.
  • The largest Mistras Group buyer in Q1 2016 was Bank of America, an estimated $6.42M added.
  • The largest Mistras Group seller in Q1 2016 was Rutabaga Capital Management, an estimated $15.1M sold.

Based on aggregated 13F filings for Q1 2016.