Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
191 hedge funds and large institutions have $5.05B invested in Michaels Stores, Inc in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 103 increasing their positions, 47 reducing their positions, and 24 closing their positions.
173% more call options, than puts
Call options by funds: $2.62M | Put options by funds: $961K
119% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 47
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
3% more funds holding
Funds holding: 186 → 191 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
16% less capital invested
Capital invested by funds: $5.98B → $5.05B (-$933M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$77.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$44.3M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
+$29.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.2M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
-$141M |
| 2 |
Blackstone Inc
New York
|
-$141M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$66.3M |
| 4 |
SCM
Suvretta Capital Management
New York
|
-$26.8M |
| 5 |
TA
Teachers Advisors
New York
|
-$23.4M |
MIK Hedge Fund Activity: Q3 2016 in Review
191 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q3 2016, worth a combined $5.05B — down 16% from $5.98B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MIK positions and 24 closed out — a net gain of 6 holders — while 103 added to existing stakes and 47 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $77.6M. The largest seller was Bain Capital Investors, cutting an estimated $141M.
- 191 institutional investors held Michaels Stores, Inc (MIK) as of Q3 2016, up from 186 in Q2 2016.
- Funds reported $5.05B of Michaels Stores, Inc stock for Q3 2016, down 16% quarter-over-quarter.
- 30 funds opened new Michaels Stores, Inc positions in Q3 2016 and 24 closed out, a net change of +6 holders.
- The largest Michaels Stores, Inc buyer in Q3 2016 was T. Rowe Price Associates, an estimated $77.6M added.
- The largest Michaels Stores, Inc seller in Q3 2016 was Bain Capital Investors, an estimated $141M sold.
Based on aggregated 13F filings for Q3 2016.