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.
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: 1 → 1 (0)
9% less funds holding
Funds holding: 91 → 83 (-8)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Advent International
Boston,
Massachusetts
|
+$7.53M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.04M |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$2.26M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.68M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.87M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.67M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$1.31M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.06M |
| 5 |
D.E. Shaw & Co
New York
|
-$898K |
MG Hedge Fund Activity: Q2 2017 in Review
83 of the 4,022 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.