Mistras Group
107 hedge funds and large institutions have $382M invested in Mistras Group in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 10 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
0.36% less ownership
Funds ownership: 56.92% → 56.56% (-0.36%)
1% less funds holding
Funds holding: 108 → 107 (-1)
3% less capital invested
Capital invested by funds: $393M → $382M (-$10.7M)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$3.05M |
| 2 |
MC
Mitra Capital
Boston,
Massachusetts
|
+$2.92M |
| 3 |
Renaissance Technologies
New York
|
+$2.4M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.3M |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.87M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$5.68M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.83M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.73M |
| 5 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$1.14M |
MG Hedge Fund Activity: Q3 2016 in Review
107 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q3 2016, worth a combined $382M — down 2.7% from $393M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MG and 9 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 47 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $3.05M. The largest seller was AllianceBernstein, cutting an estimated $5.87M.
- 107 institutional investors held Mistras Group (MG) as of Q3 2016, down from 108 in Q2 2016.
- Funds reported $382M of Mistras Group stock for Q3 2016, down 2.7% quarter-over-quarter.
- 9 funds opened new Mistras Group positions in Q3 2016 and 10 closed out, a net change of -1 holder.
- The largest Mistras Group buyer in Q3 2016 was D.E. Shaw & Co, an estimated $3.05M added.
- The largest Mistras Group seller in Q3 2016 was AllianceBernstein, an estimated $5.87M sold.
Based on aggregated 13F filings for Q3 2016.