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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
E
76
Ergoteles
New York
$2.96M +$2.39M +135,086 New
CC
77
Centiva Capital
New York
$2.92M +$2.35M +132,969 New
Russell Investments Group
78
Russell Investments Group
United Kingdom
$2.89M -$329K -18,622 -12%
WJWM
79
Williams Jones Wealth Management
New York
$2.8M -$17.7K -1,001 -0.8%
Voloridge Investment Management
80
Voloridge Investment Management
Florida
$2.63M -$9M -509,520 -81%
California State Teachers Retirement System (CalSTRS)
81
California State Teachers Retirement System (CalSTRS)
California
$2.46M +$247 +14 +0%
TI
82
Trexquant Investment
Connecticut
$2.46M +$147K +8,311 +8%
VIA
83
Vident Investment Advisory
Georgia
$2.46M -$1.7M -96,013 -46%
MCM
84
Mork Capital Management
California
$2.19M
LCM
85
Lafitte Capital Management
Texas
$2.19M +$1.77M +100,000 New
SG Americas Securities
86
SG Americas Securities
New York
$2.19M +$217K +12,311 +14%
SDIC
87
South Dakota Investment Council
South Dakota
$2.11M -$4.51M -255,484 -73%
GCM
88
Glenview Capital Management
New York
$2.05M -$33.6M -1,902,721 -95%
New York State Teachers Retirement System (NYSTRS)
89
New York State Teachers Retirement System (NYSTRS)
New York
$2M -$233K -13,199 -13%
UBS AM
90
UBS AM
Illinois
$1.9M -$346K -19,607 -18%
BCM
91
Bridgeway Capital Management
Texas
$1.87M +$758K +42,900 +101%
Prudential Financial
92
Prudential Financial
New Jersey
$1.78M -$46.5K -2,630 -3%
New York State Common Retirement Fund
93
New York State Common Retirement Fund
New York
$1.76M -$36.7K -2,079 -3%
SMC
94
S. Muoio & Co
New York
$1.75M +$1.41M +80,000 New
GC
95
Guggenheim Capital
Illinois
$1.72M +$1.38M +78,218 New
SEI Investments
96
SEI Investments
Pennsylvania
$1.64M -$12.3M -698,506 -86%
ASN
97
Advisory Services Network
Georgia
$1.61M -$1.08K -61 -0.1%
Comerica Bank
98
Comerica Bank
Texas
$1.57M -$318K -18,008 -20%
CL
99
CSS LLC
Illinois
$1.57M +$1.26M +71,448 New
GI
100
GAMCO Investors
Connecticut
$1.4M +$1.13M +63,919 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.