MGP Ingredients
MGPI
30 hedge funds and large institutions have $22.5M invested in MGP Ingredients in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 7 closing their positions.
44% more capital invested
Capital invested by funds: $15.6M → $22.5M (+$6.84M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
12% less funds holding
Funds holding: 34 → 30 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$1.54M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$178K |
| 3 |
AC
Amici Capital
New York
|
+$108K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$72.2K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$126K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$115K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$105K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$88K |
| 5 |
N
Natixis
Paris,
France
|
-$87K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $4K | +$3.47K | +600 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $2K | -$2.65K | -458 | -60% |
|
|
OSAM
28
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $1K | – | – | – |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5 | – | – | – |
|
|
SKK
30
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$115K | -22,170 | Closed |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$88K | -17,044 | Closed |
|
|
N
32
Natixis
Paris,
France
| – | -$87K | -16,600 | Closed |
|
|
KCM
33
Kornitzer Capital Management
Shawnee Mission,
Kansas
| – | -$65K | -12,500 | Closed |
|
|
RFC
34
Russell Frank Company
Seattle,
Washington
| – | -$20K | -3,774 | Closed |
|
|
U
35
UBS
Zurich,
Switzerland
| – | -$3K | -615 | Closed |
|
|
HNB
36
Huntington National Bank
Columbus,
Ohio
| – | -$3K | -500 | Closed |
|
37
Wells Fargo
San Francisco,
California
| – | +$6 | +1 | +6% |
|
MGPI Hedge Fund Activity: Q1 2014 in Review
30 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in MGP Ingredients (MGPI) for Q1 2014, worth a combined $22.5M — up 44% from $15.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MGPI and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $1.54M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $126K.
- 30 institutional investors held MGP Ingredients (MGPI) as of Q1 2014, down from 34 in Q4 2013.
- Funds reported $22.5M of MGP Ingredients stock for Q1 2014, up 44% quarter-over-quarter.
- 4 funds opened new MGP Ingredients positions in Q1 2014 and 7 closed out, a net change of -3 holders.
- The largest MGP Ingredients buyer in Q1 2014 was Heartland Advisors, an estimated $1.54M added.
- The largest MGP Ingredients seller in Q1 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $126K sold.
Based on aggregated 13F filings for Q1 2014.