Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
186 hedge funds and large institutions have $5.98B invested in Michaels Stores, Inc in 2016 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 77 increasing their positions, 54 reducing their positions, and 46 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 54
4% more capital invested
Capital invested by funds: $5.73B → $5.98B (+$251M)
7% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 46
2% less funds holding
Funds holding: 190 → 186 (-4)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
82% less call options, than puts
Call options by funds: $2.51M | Put options by funds: $14.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$62.7M |
| 2 |
SHCM
Sachem Head Capital Management
New York
|
+$51.6M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$48.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$27M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$43.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$38.1M |
| 3 |
Millennium Management
New York
|
-$26.1M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$14.7M |
| 5 |
Morgan Stanley
New York
|
-$13.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
226
Guggenheim Capital
Chicago,
Illinois
| – | -$224K | -7,991 | Closed |
|
|
PG
227
PEAK6 Group
Chicago,
Illinois
| – | -$223K | -7,912 | Closed |
|
|
SIM
228
Strategic Investment Management
Arlington,
Virginia
| – | -$207K | -7,427 | Closed |
|
|
PHK
229
Point72 Hong Kong
Hong Kong
| – | -$19K | -682 | Closed |
|
230
Simplex Trading
Chicago,
Illinois
| – | -$13.4K | -476 | Closed |
|
|
GWM
231
Geneos Wealth Management
Englewood,
Colorado
| – | -$8K | -300 | Closed |
|
|
PCM
232
Prelude Capital Management
New York
| – | -$3K | -100 | Closed |
|
MIK Hedge Fund Activity: Q2 2016 in Review
186 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q2 2016, worth a combined $5.98B — up 4.4% from $5.73B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of MIK and 43 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 77 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $62.7M. The largest seller was Citadel Advisors, cutting an estimated $43.6M.
- 186 institutional investors held Michaels Stores, Inc (MIK) as of Q2 2016, down from 190 in Q1 2016.
- Funds reported $5.98B of Michaels Stores, Inc stock for Q2 2016, up 4.4% quarter-over-quarter.
- 43 funds opened new Michaels Stores, Inc positions in Q2 2016 and 46 closed out, a net change of -3 holders.
- The largest Michaels Stores, Inc buyer in Q2 2016 was T. Rowe Price Associates, an estimated $62.7M added.
- The largest Michaels Stores, Inc seller in Q2 2016 was Citadel Advisors, an estimated $43.6M sold.
Based on aggregated 13F filings for Q2 2016.