Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
240 hedge funds and large institutions have $4.24B invested in Michaels Stores, Inc in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 97 increasing their positions, 80 reducing their positions, and 35 closing their positions.
231% more call options, than puts
Call options by funds: $37.5M | Put options by funds: $11.3M
21% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 80
15% more capital invested
Capital invested by funds: $3.7B → $4.24B (+$546M)
14% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 35
2% more funds holding
Funds holding: 236 → 240 (+4)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$54.1M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$37.7M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$25.3M |
| 4 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$17.8M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$91.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$54.9M |
| 3 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$31.8M |
| 4 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$29M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$26M |
MIK Hedge Fund Activity: Q3 2017 in Review
240 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q3 2017, worth a combined $4.24B — up 15% from $3.7B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new MIK positions and 35 closed out — a net gain of 5 holders — while 97 added to existing stakes and 80 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $54.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $91.7M.
- 240 institutional investors held Michaels Stores, Inc (MIK) as of Q3 2017, up from 236 in Q2 2017.
- Funds reported $4.24B of Michaels Stores, Inc stock for Q3 2017, up 15% quarter-over-quarter.
- 40 funds opened new Michaels Stores, Inc positions in Q3 2017 and 35 closed out, a net change of +5 holders.
- The largest Michaels Stores, Inc buyer in Q3 2017 was VOYA Investment Management, an estimated $54.1M added.
- The largest Michaels Stores, Inc seller in Q3 2017 was T. Rowe Price Associates, an estimated $91.7M sold.
Based on aggregated 13F filings for Q3 2017.