Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
190 hedge funds and large institutions have $5.73B invested in Michaels Stores, Inc in 2016 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 65 increasing their positions, 46 reducing their positions, and 21 closing their positions.
2,440% more call options, than puts
Call options by funds: $2.85M | Put options by funds: $112K
214% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 21
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
41% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 46
30% more funds holding
Funds holding: 146 → 190 (+44)
22% more capital invested
Capital invested by funds: $4.69B → $5.73B (+$1.04B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.3M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$31.7M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$30.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$27.3M |
| 5 |
Millennium Management
New York
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
-$201M |
| 2 |
Blackstone Inc
New York
|
-$192M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$51.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$18.4M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$15.3M |
MIK Hedge Fund Activity: Q1 2016 in Review
190 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q1 2016, worth a combined $5.73B — up 22% from $4.69B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new MIK positions and 21 closed out — a net gain of 45 holders — while 65 added to existing stakes and 46 trimmed.
The largest buyer was Vanguard Group, adding an estimated $34.3M. The largest seller was Bain Capital Investors, cutting an estimated $201M.
- 190 institutional investors held Michaels Stores, Inc (MIK) as of Q1 2016, up from 146 in Q4 2015.
- Funds reported $5.73B of Michaels Stores, Inc stock for Q1 2016, up 22% quarter-over-quarter.
- 66 funds opened new Michaels Stores, Inc positions in Q1 2016 and 21 closed out, a net change of +45 holders.
- The largest Michaels Stores, Inc buyer in Q1 2016 was Vanguard Group, an estimated $34.3M added.
- The largest Michaels Stores, Inc seller in Q1 2016 was Bain Capital Investors, an estimated $201M sold.
Based on aggregated 13F filings for Q1 2016.