MGP Ingredients
MGPI
148 hedge funds and large institutions have $927M invested in MGP Ingredients in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 63 increasing their positions, 39 reducing their positions, and 33 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 39
6% less funds holding
Funds holding: 158 → 148 (-10)
12.3% less ownership
Funds ownership: 121.86% → 109.56% (-12%)
30% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 33
33% less capital invested
Capital invested by funds: $1.37B → $927M (-$447M)
59% less call options, than puts
Call options by funds: $800K | Put options by funds: $1.97M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.8M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$7.61M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$6.21M |
| 4 |
D.E. Shaw & Co
New York
|
+$5.99M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$5.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$38.5M |
| 2 |
Goldman Sachs
New York
|
-$31M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$22M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$16.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$13M |
MGPI Hedge Fund Activity: Q3 2019 in Review
148 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in MGP Ingredients (MGPI) for Q3 2019, worth a combined $927M — down 33% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of MGPI and 23 opened new positions — a net loss of 10 holders — while 39 trimmed existing stakes and 63 added.
The largest buyer was Millennium Management, adding an estimated $10.8M. The largest seller was Stephens Investment Management Group, exiting entirely with an estimated $38.5M sold.
- 148 institutional investors held MGP Ingredients (MGPI) as of Q3 2019, down from 158 in Q2 2019.
- Funds reported $927M of MGP Ingredients stock for Q3 2019, down 33% quarter-over-quarter.
- 23 funds opened new MGP Ingredients positions in Q3 2019 and 33 closed out, a net change of -10 holders.
- The largest MGP Ingredients buyer in Q3 2019 was Millennium Management, an estimated $10.8M added.
- The largest MGP Ingredients seller in Q3 2019 was Stephens Investment Management Group, an estimated $38.5M sold.
Based on aggregated 13F filings for Q3 2019.