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Mistras Group

95 hedge funds and large institutions have $409M invested in Mistras Group in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 39 increasing their positions, 37 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

7% more capital invested

Capital invested by funds: $382M → $409M (+$26.9M)

5% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 37

1.96% less ownership

Funds ownership: 56.56%54.59% (-2%)

11% less funds holding

Funds holding: 10795 (-12)

58% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 19

63% less call options, than puts

Call options by funds: $90K | Put options by funds: $244K

Holders
95
Holders Change
-12
Holders Change %
-11.21%
% of All Funds
2.38%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
8
Increased
39
Reduced
37
Closed
19
Calls
$90K
Puts
$244K
Net Calls
-$154K
Net Calls Change
-$1.33M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$68.4M -$3.06M -134,195 -5%
BRIM
2
Broad Run Investment Management
Virginia
$37.3M +$5.79M +253,960 +21%
Vanguard Group
3
Vanguard Group
Pennsylvania
$32.5M +$1.94M +84,921 +7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$26.3M +$249K +10,933 +1%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$24.3M +$3.06M +134,260 +17%
RCM
6
Rutabaga Capital Management
Massachusetts
$21.7M +$4.01M +175,987 +26%
BCA
7
Bernzott Capital Advisors
California
$17.1M +$704K +30,850 +5%
RFS
8
Rockefeller Financial Services
New York
$16.3M -$9.94K -436 -0.1%
BFA
9
BlackRock Fund Advisors
California
$14.1M +$1.74M +76,499 +16%
BIT
10
BlackRock Institutional Trust
California
$10.2M +$882K +38,692 +11%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$9.29M +$81.5K +3,573 +1%
FAM
12
Fenimore Asset Management
New York
$8.91M +$23.4K +1,025 +0.3%
Renaissance Technologies
13
Renaissance Technologies
New York
$8.9M +$1.95M +85,700 +33%
WCM
14
Wedge Capital Management
North Carolina
$8.84M +$7.27M +318,842 +1,254%
State Street
15
State Street
Massachusetts
$8.38M +$87K +3,814 +1%
USAA
16
United Services Automobile Association
Texas
$8.26M -$229K -10,040 -3%
UIC
17
Uniplan Investment Counsel
Wisconsin
$6.05M -$206K -9,014 -4%
ECM
18
Engine Capital Management
New York
$5.8M +$5.15M +226,000 New
Northern Trust
19
Northern Trust
Illinois
$5.56M -$3.9M -170,845 -44%
CS
20
Credit Suisse
Switzerland
$5.25M +$1.08M +47,372 +30%
AQR Capital Management
21
AQR Capital Management
Connecticut
$4.43M +$272K +11,928 +7%
TCIM
22
TIAA CREF Investment Management
New York
$4.39M -$5.18K -227 -0.1%
PAM
23
Panagora Asset Management
Massachusetts
$3.46M +$59K +2,586 +2%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$3.07M +$208K +9,110 +8%
Bank of America
25
Bank of America
North Carolina
$3M -$8.93M -391,676 -77%

MG Hedge Fund Activity: Q4 2016 in Review

95 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q4 2016, worth a combined $409M — up 7% from $382M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of MG and 8 opened new positions — a net loss of 11 holders — while 37 trimmed existing stakes and 39 added.

The largest buyer was Wedge Capital Management, adding an estimated $7.27M. The largest seller was AllianceBernstein, cutting an estimated $10.6M.

  • 95 institutional investors held Mistras Group (MG) as of Q4 2016, down from 107 in Q3 2016.
  • Funds reported $409M of Mistras Group stock for Q4 2016, up 7% quarter-over-quarter.
  • 8 funds opened new Mistras Group positions in Q4 2016 and 19 closed out, a net change of -11 holders.
  • The largest Mistras Group buyer in Q4 2016 was Wedge Capital Management, an estimated $7.27M added.
  • The largest Mistras Group seller in Q4 2016 was AllianceBernstein, an estimated $10.6M sold.

Based on aggregated 13F filings for Q4 2016.