Mistras Group
105 hedge funds and large institutions have $402M 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.
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
29% more capital invested
Capital invested by funds: $312M → $402M (+$90.4M)
15% more funds holding
Funds holding: 91 → 105 (+14)
0.13% less ownership
Funds ownership: 56.63% → 56.5% (-0.13%)
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: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.42M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$4.78M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.08M |
| 4 |
Renaissance Technologies
New York
|
+$2.76M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$15.1M |
| 2 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$8.38M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$6.43M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.82M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$3.14M |
MG Hedge Fund Activity: Q1 2016 in Review
105 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q1 2016, worth a combined $402M — up 29% 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 $402M of Mistras Group stock for Q1 2016, up 29% 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.