Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
130 hedge funds and large institutions have $5.68B invested in Michaels Stores, Inc in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 63 increasing their positions, 38 reducing their positions, and 25 closing their positions.
66% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 38
35% more call options, than puts
Call options by funds: $2.89M | Put options by funds: $2.13M
1% more capital invested
Capital invested by funds: $5.61B → $5.68B (+$67.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 133 → 130 (-3)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$84M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$28.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.1M |
| 5 |
Renaissance Technologies
New York
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$56.7M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$32.5M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$27.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$21.9M |
| 5 |
Millennium Management
New York
|
-$11.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Verition Fund Management
Greenwich,
Connecticut
| – | -$232K | -8,558 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$31K | -1,170 | Closed |
|
|
BJ
153
BlackRock Japan
Tokyo,
Japan
| – | -$6K | -235 | Closed |
|
|
LTFS
154
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$4K | -150 | Closed |
|
MIK Hedge Fund Activity: Q2 2015 in Review
130 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q2 2015, worth a combined $5.68B — up 1.2% from $5.61B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MIK and 22 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 63 added.
The largest buyer was Artisan Partners, opening a new position worth an estimated $84M. The largest seller was Highfields Capital Management, cutting an estimated $56.7M.
- 130 institutional investors held Michaels Stores, Inc (MIK) as of Q2 2015, down from 133 in Q1 2015.
- Funds reported $5.68B of Michaels Stores, Inc stock for Q2 2015, up 1.2% quarter-over-quarter.
- 22 funds opened new Michaels Stores, Inc positions in Q2 2015 and 25 closed out, a net change of -3 holders.
- The largest Michaels Stores, Inc buyer in Q2 2015 was Artisan Partners, an estimated $84M added.
- The largest Michaels Stores, Inc seller in Q2 2015 was Highfields Capital Management, an estimated $56.7M sold.
Based on aggregated 13F filings for Q2 2015.