Mistras Group
81 hedge funds and large institutions have $332M invested in Mistras Group in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 10 closing their positions.
65% more call options, than puts
Call options by funds: $326K | Put options by funds: $198K
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.81% less ownership
Funds ownership: 62.68% → 61.87% (-0.81%)
6% less funds holding
Funds holding: 86 → 81 (-5)
20% less capital invested
Capital invested by funds: $416M → $332M (-$84.2M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.16M |
| 2 |
ECM
Engine Capital Management
New York
|
+$2.55M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$2.18M |
| 4 |
Millennium Management
New York
|
+$1.22M |
| 5 |
NIS
National Investment Services
Milwaukee,
Wisconsin
|
+$775K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$8.12M |
| 2 |
AI
Advent International
Boston,
Massachusetts
|
-$2.39M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.29M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$911K |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$897K |
MG Hedge Fund Activity: Q1 2018 in Review
81 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q1 2018, worth a combined $332M — down 20% from $416M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MG and 6 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 30 added.
The largest buyer was Credit Suisse, adding an estimated $4.16M. The largest seller was Fenimore Asset Management, exiting entirely with an estimated $8.12M sold.
- 81 institutional investors held Mistras Group (MG) as of Q1 2018, down from 86 in Q4 2017.
- Funds reported $332M of Mistras Group stock for Q1 2018, down 20% quarter-over-quarter.
- 6 funds opened new Mistras Group positions in Q1 2018 and 10 closed out, a net change of -4 holders.
- The largest Mistras Group buyer in Q1 2018 was Credit Suisse, an estimated $4.16M added.
- The largest Mistras Group seller in Q1 2018 was Fenimore Asset Management, an estimated $8.12M sold.
Based on aggregated 13F filings for Q1 2018.