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MIK

Michaels Stores, Inc
MIK

Delisted

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

217 hedge funds and large institutions have $2.97B invested in Michaels Stores, Inc in 2021 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 51 increasing their positions, 89 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more capital invested

Capital invested by funds: $2.04B → $2.97B (+$935M)

31% more call options, than puts

Call options by funds: $24.6M | Put options by funds: $18.9M

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

11% less funds holding

Funds holding: 243217 (-26)

30% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 81

43% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 89

Holders
217
Holders Change
-26
Holders Change %
-10.7%
% of All Funds
3.81%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
57
Increased
51
Reduced
89
Closed
81
Calls
$24.6M
Puts
$18.9M
Net Calls
+$5.77M
Net Calls Change
+$9.22M
Name Holding Trade Value Shares
Change
Change in
Stake
Hotchkis & Wiley Capital Management
51
Hotchkis & Wiley Capital Management
California
$6.44M -$2.6M -146,930 -33%
GCIA
52
Gabelli & Co Investment Advisers
New York
$6.35M +$5.12M +289,583 New
NAM
53
Nexpoint Asset Management
Texas
$6.17M +$4.97M +281,100 New
KC
54
Kellner Capital
New York
$6.08M +$4.9M +277,300 New
WAM
55
Wolverine Asset Management
Illinois
$5.75M +$3.03M +171,459 +189%
RhumbLine Advisers
56
RhumbLine Advisers
Massachusetts
$5.58M -$91.1K -5,158 -2%
Walleye Trading
57
Walleye Trading
New York
$5.02M +$3.95M +223,649 +4,196%
Pacer Advisors
58
Pacer Advisors
Pennsylvania
$4.7M +$2.16M +122,437 +133%
UOC
59
UBS O'Connor
Illinois
$4.66M +$3.75M +212,331 New
CS
60
Credit Suisse
Switzerland
$4.58M +$1.97M +111,749 +115%
HCM
61
Hodges Capital Management
Texas
$4.55M +$520K +29,445 +17%
LSV Asset Management
62
LSV Asset Management
Illinois
$4.48M +$1.46M +82,900 +68%
SFI
63
Susquehanna Fundamental Investments
Pennsylvania
$4.27M +$222K +12,584 +7%
AC
64
Athos Capital
Hong Kong
$4.23M +$3.4M +192,712 New
OP
65
Omni Partners
United Kingdom
$4.15M +$3.34M +189,325 New
JP Morgan Chase
66
JP Morgan Chase
New York
$3.75M -$1.83M -103,665 -38%
Swiss National Bank
67
Swiss National Bank
Switzerland
$3.7M +$26.5K +1,500 +0.9%
RA
68
Royce & Associates
New York
$3.61M +$438K +24,791 +18%
CCM
69
Crabel Capital Management
California
$3.36M +$2.7M +152,975 New
California Public Employees Retirement System
70
California Public Employees Retirement System
California
$3.32M -$396K -22,404 -13%
Skandinaviska Enskilda Banken (SEB)
71
Skandinaviska Enskilda Banken (SEB)
Sweden
$3.3M -$97.1K -5,500 -4%
Public Sector Pension Investment Board (PSP Investments)
72
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.18M -$460K -26,052 -15%
AllianceBernstein
73
AllianceBernstein
Tennessee
$3.17M -$7.01M -397,005 -73%
HM
74
Harvest Management
New York
$3.07M +$2.47M +140,000 New
OR
75
Olympiad Research
Connecticut
$3.01M +$2.42M +137,174 New

MIK Hedge Fund Activity: Q1 2021 in Review

217 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q1 2021, worth a combined $2.97B — up 46% from $2.04B a quarter earlier.

Sellers outnumbered buyers: 81 funds closed out of MIK and 57 opened new positions — a net loss of 24 holders — while 89 trimmed existing stakes and 51 added.

The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $48.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $120M.

  • 217 institutional investors held Michaels Stores, Inc (MIK) as of Q1 2021, down from 243 in Q4 2020.
  • Funds reported $2.97B of Michaels Stores, Inc stock for Q1 2021, up 46% quarter-over-quarter.
  • 57 funds opened new Michaels Stores, Inc positions in Q1 2021 and 81 closed out, a net change of -24 holders.
  • The largest Michaels Stores, Inc buyer in Q1 2021 was Glazer Capital LLC, an estimated $48.7M added.
  • The largest Michaels Stores, Inc seller in Q1 2021 was T. Rowe Price Associates, an estimated $120M sold.

Based on aggregated 13F filings for Q1 2021.