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Mistras Group

89 hedge funds and large institutions have $235M invested in Mistras Group in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 36 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more call options, than puts

Call options by funds: $48K | Put options by funds: $27K

0.03% less ownership

Funds ownership: 56.9%56.86% (-0.03%)

9% less funds holding

Funds holding: 9889 (-9)

12% less capital invested

Capital invested by funds: $268M → $235M (-$32.4M)

19% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 36

50% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 16

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
89
Holders Change
-9
Holders Change %
-9.18%
% of All Funds
1.75%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
8
Increased
29
Reduced
36
Closed
16
Calls
$48K
Puts
$27K
Net Calls
+$21K
Net Calls Change
+$105K
Name Holding Trade Value Shares
Change
Change in
Stake
BCA
1
Bernzott Capital Advisors
California
$27.2M -$995K -70,367 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$23.8M +$3.34M +236,149 +17%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$20.8M -$40.9K -2,895 -0.2%
BlackRock
4
BlackRock
New York
$17.9M -$579K -40,963 -3%
BRIM
5
Broad Run Investment Management
Virginia
$13.9M
Rockefeller Capital Management
6
Rockefeller Capital Management
New York
$13.4M +$227K +16,060 +2%
AAM
7
ACK Asset Management
Connecticut
$9.67M +$5.25M +371,000 +142%
CS
8
Credit Suisse
Switzerland
$9.41M +$226K +15,982 +2%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$9.37M -$57.7K -4,083 -0.6%
RA
10
Royce & Associates
New York
$8.96M +$4.05M +286,392 +84%
Renaissance Technologies
11
Renaissance Technologies
New York
$6.39M -$1.44M -102,100 -19%
RCM
12
Rutabaga Capital Management
Massachusetts
$5.88M -$1.36M -96,379 -19%
State Street
13
State Street
Massachusetts
$5.18M +$233K +16,489 +5%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$4.72M -$217K -15,380 -4%
RCC
15
Red Cedar Capital
Nebraska
$4.14M -$3.22K -228 -0.1%
GLA
16
Great Lakes Advisors
Illinois
$3.25M -$232K -16,438 -7%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$3.19M +$118K +8,363 +4%
Deutsche Bank
18
Deutsche Bank
Germany
$3.19M -$1.24M -87,671 -28%
Northern Trust
19
Northern Trust
Illinois
$3.12M -$47.5K -3,357 -2%
PRCP
20
Pacific Ridge Capital Partners
Oregon
$2.8M +$170K +12,020 +7%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$2.49M +$876K +61,961 +55%
Truist Financial
22
Truist Financial
North Carolina
$2.4M +$2.38M +168,361 New
BCM
23
Bridgeway Capital Management
Texas
$2.18M +$1.54M +109,000 +251%
Millennium Management
24
Millennium Management
New York
$1.8M -$947K -66,957 -35%
N
25
Nuveen
North Carolina
$1.8M -$5.42K -383 -0.3%

MG Hedge Fund Activity: Q4 2019 in Review

89 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Mistras Group (MG) for Q4 2019, worth a combined $235M — down 12% from $268M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of MG and 8 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 29 added.

The largest buyer was ACK Asset Management, adding an estimated $5.25M. The largest seller was Wellington Management Group, exiting entirely with an estimated $6.73M sold.

  • 89 institutional investors held Mistras Group (MG) as of Q4 2019, down from 98 in Q3 2019.
  • Funds reported $235M of Mistras Group stock for Q4 2019, down 12% quarter-over-quarter.
  • 8 funds opened new Mistras Group positions in Q4 2019 and 16 closed out, a net change of -8 holders.
  • The largest Mistras Group buyer in Q4 2019 was ACK Asset Management, an estimated $5.25M added.
  • The largest Mistras Group seller in Q4 2019 was Wellington Management Group, an estimated $6.73M sold.

Based on aggregated 13F filings for Q4 2019.