Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
266 hedge funds and large institutions have $3.13B invested in Michaels Stores, Inc in 2018 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 89 increasing their positions, 105 reducing their positions, and 50 closing their positions.
59% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $7.38M
6% less funds holding
Funds holding: 284 → 266 (-18)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
15% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 105
19% less capital invested
Capital invested by funds: $3.85B → $3.13B (-$727M)
30% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$43.1M |
| 2 |
GAM
Goldentree Asset Management
New York
|
+$16.4M |
| 3 |
O
OppenheimerFunds
New York
|
+$13.2M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$13.1M |
| 5 |
JP Morgan Chase
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$32.8M |
| 2 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$27.6M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$25.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$23.9M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$22.3M |
MIK Hedge Fund Activity: Q3 2018 in Review
266 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q3 2018, worth a combined $3.13B — down 19% from $3.85B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of MIK and 35 opened new positions — a net loss of 15 holders — while 105 trimmed existing stakes and 89 added.
The largest buyer was UBS AM, adding an estimated $43.1M. The largest seller was Prudential Financial, cutting an estimated $32.8M.
- 266 institutional investors held Michaels Stores, Inc (MIK) as of Q3 2018, down from 284 in Q2 2018.
- Funds reported $3.13B of Michaels Stores, Inc stock for Q3 2018, down 19% quarter-over-quarter.
- 35 funds opened new Michaels Stores, Inc positions in Q3 2018 and 50 closed out, a net change of -15 holders.
- The largest Michaels Stores, Inc buyer in Q3 2018 was UBS AM, an estimated $43.1M added.
- The largest Michaels Stores, Inc seller in Q3 2018 was Prudential Financial, an estimated $32.8M sold.
Based on aggregated 13F filings for Q3 2018.