Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
279 hedge funds and large institutions have $3.95B invested in Michaels Stores, Inc in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 115 increasing their positions, 91 reducing their positions, and 36 closing their positions.
28% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 36
26% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 91
3% more funds holding
Funds holding: 272 → 279 (+7)
0% more call options, than puts
Call options by funds: $8.03M | Put options by funds: $8M
18% less capital invested
Capital invested by funds: $4.8B → $3.95B (-$854M)
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$22.3M |
| 2 |
Neuberger Berman Group
New York
|
+$17.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$16.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$16.4M |
| 5 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$74.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$62.1M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$33.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$29.3M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$23M |
MIK Hedge Fund Activity: Q1 2018 in Review
279 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q1 2018, worth a combined $3.95B — down 18% from $4.8B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new MIK positions and 36 closed out — a net gain of 10 holders — while 115 added to existing stakes and 91 trimmed.
The largest buyer was Highfields Capital Management, adding an estimated $22.3M. The largest seller was William Blair Investment Management, cutting an estimated $74.6M.
- 279 institutional investors held Michaels Stores, Inc (MIK) as of Q1 2018, up from 272 in Q4 2017.
- Funds reported $3.95B of Michaels Stores, Inc stock for Q1 2018, down 18% quarter-over-quarter.
- 46 funds opened new Michaels Stores, Inc positions in Q1 2018 and 36 closed out, a net change of +10 holders.
- The largest Michaels Stores, Inc buyer in Q1 2018 was Highfields Capital Management, an estimated $22.3M added.
- The largest Michaels Stores, Inc seller in Q1 2018 was William Blair Investment Management, an estimated $74.6M sold.
Based on aggregated 13F filings for Q1 2018.