Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
230 hedge funds and large institutions have $4.48B invested in Michaels Stores, Inc in 2017 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 88 increasing their positions, 68 reducing their positions, and 36 closing their positions.
283% more call options, than puts
Call options by funds: $2.88M | Put options by funds: $753K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
61% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 36
29% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 68
8% more funds holding
Funds holding: 213 → 230 (+17)
6% more capital invested
Capital invested by funds: $4.25B → $4.48B (+$235M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$171M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$89.1M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$52.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$49.6M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$378M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$61.7M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$38.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$34.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.6M |
MIK Hedge Fund Activity: Q1 2017 in Review
230 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q1 2017, worth a combined $4.48B — up 5.5% from $4.25B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new MIK positions and 36 closed out — a net gain of 22 holders — while 88 added to existing stakes and 68 trimmed.
The largest buyer was BlackRock, adding an estimated $171M. The largest seller was Blackstone Inc, cutting an estimated $378M.
- 230 institutional investors held Michaels Stores, Inc (MIK) as of Q1 2017, up from 213 in Q4 2016.
- Funds reported $4.48B of Michaels Stores, Inc stock for Q1 2017, up 5.5% quarter-over-quarter.
- 58 funds opened new Michaels Stores, Inc positions in Q1 2017 and 36 closed out, a net change of +22 holders.
- The largest Michaels Stores, Inc buyer in Q1 2017 was BlackRock, an estimated $171M added.
- The largest Michaels Stores, Inc seller in Q1 2017 was Blackstone Inc, an estimated $378M sold.
Based on aggregated 13F filings for Q1 2017.