Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
78 hedge funds and large institutions have $2.16B invested in Michaels Stores, Inc in 2014 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
7,100% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 1
1,473% more capital invested
Capital invested by funds: $137M → $2.16B (+$2.02B)
1,014% more funds holding
Funds holding: 7 → 78 (+71)
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
46% less call options, than puts
Call options by funds: $619K | Put options by funds: $1.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
+$1.34B |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$178M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$127M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
+$44.7M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$33.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$7.88M |
| 2 |
BCMNY
Buckingham Capital Management (New York)
New York
|
-$4.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
76
Thompson Davis & Co
Richmond,
Virginia
| $4K | +$4.11K | +250 | New |
|
77
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| $2K | +$1.64K | +100 | New |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $17 | +$16.4K | +996 | New |
|
|
BCMNY
79
Buckingham Capital Management (New York)
New York
| – | -$4.69M | -275,000 | Closed |
|
MIK Hedge Fund Activity: Q3 2014 in Review
78 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q3 2014, worth a combined $2.16B — up 1,473% from $137M a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new MIK positions and 1 closed out — a net gain of 71 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Bain Capital Investors, opening a new position worth an estimated $1.34B. The largest seller was Alyeska Investment Group, cutting an estimated $7.88M.
- 78 institutional investors held Michaels Stores, Inc (MIK) as of Q3 2014, up from 7 in Q2 2014.
- Funds reported $2.16B of Michaels Stores, Inc stock for Q3 2014, up 1,473% quarter-over-quarter.
- 72 funds opened new Michaels Stores, Inc positions in Q3 2014 and 1 closed out, a net change of +71 holders.
- The largest Michaels Stores, Inc buyer in Q3 2014 was Bain Capital Investors, an estimated $1.34B added.
- The largest Michaels Stores, Inc seller in Q3 2014 was Alyeska Investment Group, an estimated $7.88M sold.
Based on aggregated 13F filings for Q3 2014.