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MIK

Michaels Stores, Inc
MIK

Delisted

MIK was delisted on the 14th of April, 2021.

276 hedge funds and large institutions have $2.11B invested in Michaels Stores, Inc in 2019 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 108 increasing their positions, 82 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

101% more call options, than puts

Call options by funds: $17.4M | Put options by funds: $8.69M

37% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 38

32% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 82

5% more funds holding

Funds holding: 262276 (+14)

16% less capital invested

Capital invested by funds: $2.51B → $2.11B (-$394M)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
276
Holders Change
+14
Holders Change %
+5.34%
% of All Funds
5.97%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.09%
New
52
Increased
108
Reduced
82
Closed
38
Calls
$17.4M
Puts
$8.69M
Net Calls
+$8.75M
Net Calls Change
-$2.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BCI
1
Bain Capital Investors
Massachusetts
$603M
Blackstone Inc
2
Blackstone Inc
New York
$233M
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$124M -$24.9M -1,814,757 -14%
BlackRock
4
BlackRock
New York
$97.7M +$1.35M +98,699 +1%
AllianceBernstein
5
AllianceBernstein
Tennessee
$88.6M +$9.3M +679,138 +10%
Vanguard Group
6
Vanguard Group
Pennsylvania
$85.8M -$13.7M -1,003,770 -12%
Prudential Financial
7
Prudential Financial
New Jersey
$38.4M +$25.4M +1,853,612 +123%
HCM
8
Highfields Capital Management
Massachusetts
$37.6M -$54.8M -4,000,000 -55%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$32.1M +$5.17M +377,501 +16%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$31.5M +$876K +63,945 +2%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$30.8M +$8.5M +620,679 +30%
State Street
12
State Street
Massachusetts
$30.3M -$1.98M -144,867 -5%
Norges Bank
13
Norges Bank
Norway
$24.8M -$1.15M -84,033 -4%
BCA
14
Bernzott Capital Advisors
California
$23.2M +$3.47M +253,080 +14%
UBS AM
15
UBS AM
Illinois
$23.1M -$4.67M -341,102 -14%
RP
16
Reinhart Partners
Wisconsin
$21.2M +$2.67M +195,111 +12%
SI
17
Sapience Investments
California
$18.7M +$1.89M +137,655 +9%
TSW
18
Thompson Siegel & Walmsley
Virginia
$18.1M +$2.57M +187,562 +13%
Goldman Sachs
19
Goldman Sachs
New York
$17.7M +$4.75M +346,833 +29%
Morgan Stanley
20
Morgan Stanley
New York
$15.2M +$16.3M +1,191,082 +848%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$15.2M -$611K -44,608 -3%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$15M +$372K +27,165 +2%
Teacher Retirement System of Texas
23
Teacher Retirement System of Texas
Texas
$15M +$7.32M +534,112 +69%
Citadel Advisors
24
Citadel Advisors
Florida
$14.8M +$6.82M +498,037 +62%
Bank of America
25
Bank of America
North Carolina
$13.7M +$3M +219,093 +22%

MIK Hedge Fund Activity: Q1 2019 in Review

276 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q1 2019, worth a combined $2.11B — down 16% from $2.51B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new MIK positions and 38 closed out — a net gain of 14 holders — while 108 added to existing stakes and 82 trimmed.

The largest buyer was Prudential Financial, adding an estimated $25.4M. The largest seller was Highfields Capital Management, cutting an estimated $54.8M.

  • 276 institutional investors held Michaels Stores, Inc (MIK) as of Q1 2019, up from 262 in Q4 2018.
  • Funds reported $2.11B of Michaels Stores, Inc stock for Q1 2019, down 16% quarter-over-quarter.
  • 52 funds opened new Michaels Stores, Inc positions in Q1 2019 and 38 closed out, a net change of +14 holders.
  • The largest Michaels Stores, Inc buyer in Q1 2019 was Prudential Financial, an estimated $25.4M added.
  • The largest Michaels Stores, Inc seller in Q1 2019 was Highfields Capital Management, an estimated $54.8M sold.

Based on aggregated 13F filings for Q1 2019.