Middleby
MIDD
280 hedge funds and large institutions have $4.24B invested in Middleby in 2014 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 92 increasing their positions, 117 reducing their positions, and 50 closing their positions.
4% less funds holding
Funds holding: 292 → 280 (-12)
7% less capital invested
Capital invested by funds: $4.55B → $4.24B (-$308M)
21% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 117
22% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 50
43% less funds holding in top 10
Funds holding in top 10: 14 → 8 (-6)
66% less call options, than puts
Call options by funds: $10M | Put options by funds: $29.6M
Top Buyers
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$76M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$42.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$30.5M |
| 4 |
Millennium Management
New York
|
+$22.5M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$21.7M |
Top Sellers
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$85.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$51.7M |
| 3 |
LBG
Lloyds Banking Group
London,
United Kingdom
|
-$43.4M |
| 4 |
State Street
Boston,
Massachusetts
|
-$31.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$27.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMFA
326
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$8K | -90 | Closed |
|
327
M&T Bank
Buffalo,
New York
| – | -$2K | -21 | Closed |
|
|
MA
328
MUFG Americas
New York
| – | -$2K | -18 | Closed |
|
|
MFS
329
MSI Financial Services
Springfield,
Massachusetts
| – | -$659 | -8 | -67% |
|
|
KTC
330
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | +$494 | +6 | New |
|
MIDD Hedge Fund Activity: Q2 2014 in Review
280 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Middleby (MIDD) for Q2 2014, worth a combined $4.24B — down 6.8% from $4.55B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of MIDD and 39 opened new positions — a net loss of 11 holders — while 117 trimmed existing stakes and 92 added.
The largest buyer was Pennant Capital Management, adding an estimated $76M. The largest seller was BlackRock Fund Advisors, cutting an estimated $85.9M.
- 280 institutional investors held Middleby (MIDD) as of Q2 2014, down from 292 in Q1 2014.
- Funds reported $4.24B of Middleby stock for Q2 2014, down 6.8% quarter-over-quarter.
- 39 funds opened new Middleby positions in Q2 2014 and 50 closed out, a net change of -11 holders.
- The largest Middleby buyer in Q2 2014 was Pennant Capital Management, an estimated $76M added.
- The largest Middleby seller in Q2 2014 was BlackRock Fund Advisors, an estimated $85.9M sold.
Based on aggregated 13F filings for Q2 2014.