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MIK

Michaels Stores, Inc
MIK

Delisted

MIK was delisted on the 14th of April, 2021.

276 hedge funds and large institutions have $2.11B invested in Michaels Stores, Inc in 2019 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 108 increasing their positions, 82 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

101% more call options, than puts

Call options by funds: $17.4M | Put options by funds: $8.69M

37% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 38

32% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 82

5% more funds holding

Funds holding: 262276 (+14)

16% less capital invested

Capital invested by funds: $2.51B → $2.11B (-$394M)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
276
Holders Change
+14
Holders Change %
+5.34%
% of All Funds
5.97%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.09%
New
52
Increased
108
Reduced
82
Closed
38
Calls
$17.4M
Puts
$8.69M
Net Calls
+$8.75M
Net Calls Change
-$2.1M
Name Holding Trade Value Shares
Change
Change in
Stake
O
26
OppenheimerFunds
New York
$13.7M +$2.58M +188,186 +19%
APG Asset Management
27
APG Asset Management
Netherlands
$13.5M +$234K +17,100 +1%
Millennium Management
28
Millennium Management
New York
$13.5M -$6.44M -469,831 -28%
ISL
29
Ingalls & Snyder LLC
New York
$13.4M +$5.2M +379,391 +48%
TC
30
Tyvor Capital
Illinois
$13.3M +$13.9M +1,013,247 +675%
GAM
31
Goldentree Asset Management
New York
$12.8M -$11.7M -854,931 -43%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$12.4M +$398K +29,092 +3%
AQR Capital Management
33
AQR Capital Management
Connecticut
$10.7M +$1.33M +97,371 +12%
Charles Schwab
34
Charles Schwab
California
$10.5M +$1.39M +101,327 +12%
JP Morgan Chase
35
JP Morgan Chase
New York
$9.86M +$1.99M +145,220 +20%
Wells Fargo
36
Wells Fargo
California
$9.54M +$1.94M +141,908 +20%
SIM
37
Spark Investment Management
New York
$8.86M +$2.9M +211,500 +37%
Northern Trust
38
Northern Trust
Illinois
$8.61M -$633K -46,206 -6%
GKIM
39
GW&K Investment Management
Massachusetts
$8.42M +$347K +25,332 +4%
Nordea Investment Management
40
Nordea Investment Management
Sweden
$7.92M +$528K +38,578 +6%
Arrowstreet Capital
41
Arrowstreet Capital
Massachusetts
$7.77M +$7.76M +566,683 +498%
FCH
42
Freestone Capital Holdings
Washington
$7.64M +$2.36M +172,117 +35%
PI
43
Putnam Investments
Massachusetts
$7.57M +$1.32M +96,493 +17%
TCG
44
Tremblant Capital Group
Florida
$7.38M +$8.85M +646,045 New
TRSOTSOK
45
Teachers Retirement System of the State of Kentucky
Kentucky
$7.17M -$690K -50,372 -7%
Renaissance Technologies
46
Renaissance Technologies
New York
$6.46M +$7.74M +565,400 New
TCIM
47
TIAA CREF Investment Management
New York
$6.36M +$4.06M +296,253 +114%
D.E. Shaw & Co
48
D.E. Shaw & Co
New York
$5.56M -$5.12M -373,599 -43%
Wellington Management Group
49
Wellington Management Group
Massachusetts
$5.5M -$17.5M -1,278,961 -73%
TI
50
Trexquant Investment
Connecticut
$5.42M +$6.5M +474,508 New

MIK Hedge Fund Activity: Q1 2019 in Review

276 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q1 2019, worth a combined $2.11B — down 16% from $2.51B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new MIK positions and 38 closed out — a net gain of 14 holders — while 108 added to existing stakes and 82 trimmed.

The largest buyer was Prudential Financial, adding an estimated $25.4M. The largest seller was Highfields Capital Management, cutting an estimated $54.8M.

  • 276 institutional investors held Michaels Stores, Inc (MIK) as of Q1 2019, up from 262 in Q4 2018.
  • Funds reported $2.11B of Michaels Stores, Inc stock for Q1 2019, down 16% quarter-over-quarter.
  • 52 funds opened new Michaels Stores, Inc positions in Q1 2019 and 38 closed out, a net change of +14 holders.
  • The largest Michaels Stores, Inc buyer in Q1 2019 was Prudential Financial, an estimated $25.4M added.
  • The largest Michaels Stores, Inc seller in Q1 2019 was Highfields Capital Management, an estimated $54.8M sold.

Based on aggregated 13F filings for Q1 2019.