Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
262 hedge funds and large institutions have $2.51B invested in Michaels Stores, Inc in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 80 increasing their positions, 124 reducing their positions, and 39 closing their positions.
187% more call options, than puts
Call options by funds: $16.6M | Put options by funds: $5.8M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
8% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 39
2% less funds holding
Funds holding: 266 → 262 (-4)
20% less capital invested
Capital invested by funds: $3.13B → $2.51B (-$618M)
35% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$37.4M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$21.9M |
| 3 |
Millennium Management
New York
|
+$20.1M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$15.6M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$57.7M |
| 2 |
GCM
Glenview Capital Management
New York
|
-$54.3M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$25.2M |
| 4 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$13.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$13.4M |
MIK Hedge Fund Activity: Q4 2018 in Review
262 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q4 2018, worth a combined $2.51B — down 20% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of MIK and 36 opened new positions — a net loss of 3 holders — while 124 trimmed existing stakes and 80 added.
The largest buyer was AllianceBernstein, adding an estimated $37.4M. The largest seller was Highfields Capital Management, cutting an estimated $57.7M.
- 262 institutional investors held Michaels Stores, Inc (MIK) as of Q4 2018, down from 266 in Q3 2018.
- Funds reported $2.51B of Michaels Stores, Inc stock for Q4 2018, down 20% quarter-over-quarter.
- 36 funds opened new Michaels Stores, Inc positions in Q4 2018 and 39 closed out, a net change of -3 holders.
- The largest Michaels Stores, Inc buyer in Q4 2018 was AllianceBernstein, an estimated $37.4M added.
- The largest Michaels Stores, Inc seller in Q4 2018 was Highfields Capital Management, an estimated $57.7M sold.
Based on aggregated 13F filings for Q4 2018.