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Mistras Group

83 hedge funds and large institutions have $376M invested in Mistras Group in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more call options, than puts

Call options by funds: $872K | Put options by funds: $330K

13% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 30

7% more capital invested

Capital invested by funds: $352M → $376M (+$24.5M)

2.74% more ownership

Funds ownership: 57.35%60.09% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less funds holding

Funds holding: 9183 (-8)

50% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 16

Holders
83
Holders Change
-8
Holders Change %
-8.79%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
34
Reduced
30
Closed
16
Calls
$872K
Puts
$330K
Net Calls
+$542K
Net Calls Change
-$222K
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$60.6M +$1.68M +78,234 +3%
BRIM
2
Broad Run Investment Management
Virginia
$34.7M +$581K +26,989 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$30.5M +$739K +34,319 +3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$24.4M +$1.49M +69,211 +7%
BlackRock
5
BlackRock
New York
$23M +$498K +23,147 +2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$21.4M -$25.2K -1,171 -0.1%
RFS
7
Rockefeller Financial Services
New York
$17.7M +$521K +24,195 +3%
WCM
8
Wedge Capital Management
North Carolina
$17.3M +$838K +38,956 +5%
RCM
9
Rutabaga Capital Management
Massachusetts
$16.1M -$1.87M -86,900 -11%
BCA
10
Bernzott Capital Advisors
California
$14M +$667K +30,985 +5%
CS
11
Credit Suisse
Switzerland
$11.9M +$6.04M +280,805 +108%
AI
12
Advent International
Massachusetts
$7.69M +$7.53M +350,000 New
FAM
13
Fenimore Asset Management
New York
$7.6M -$40.9K -1,900 -0.5%
State Street
14
State Street
Massachusetts
$7.39M +$577K +26,796 +9%
USAA
15
United Services Automobile Association
Texas
$6.91M +$54.9K +2,550 +0.8%
ECM
16
Engine Capital Management
New York
$6.83M -$86.4K -4,015 -1%
Renaissance Technologies
17
Renaissance Technologies
New York
$6.45M -$362K -16,800 -5%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$6.24M -$898K -41,710 -13%
UIC
19
Uniplan Investment Counsel
Wisconsin
$6.02M +$713K +33,137 +14%
PTC
20
Philadelphia Trust Company
Pennsylvania
$5.05M +$3.66K +170 +0.1%
Northern Trust
21
Northern Trust
Illinois
$4.63M -$184K -8,571 -4%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$3.04M +$73.9K +3,433 +3%
TCIM
23
TIAA CREF Investment Management
New York
$2.36M -$406K -18,854 -15%
FHC
24
Forest Hill Capital
Arkansas
$2.31M +$2.26M +105,000 New
SCM
25
Sterling Capital Management
North Carolina
$2.28M

MG Hedge Fund Activity: Q2 2017 in Review

83 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q2 2017, worth a combined $376M — up 7% from $352M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of MG and 8 opened new positions — a net loss of 8 holders — while 30 trimmed existing stakes and 34 added.

The largest buyer was Advent International, opening a new position worth an estimated $7.53M. The largest seller was Rutabaga Capital Management, cutting an estimated $1.87M.

  • 83 institutional investors held Mistras Group (MG) as of Q2 2017, down from 91 in Q1 2017.
  • Funds reported $376M of Mistras Group stock for Q2 2017, up 7% quarter-over-quarter.
  • 8 funds opened new Mistras Group positions in Q2 2017 and 16 closed out, a net change of -8 holders.
  • The largest Mistras Group buyer in Q2 2017 was Advent International, an estimated $7.53M added.
  • The largest Mistras Group seller in Q2 2017 was Rutabaga Capital Management, an estimated $1.87M sold.

Based on aggregated 13F filings for Q2 2017.