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MIK

Michaels Stores, Inc
MIK

Delisted

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

218 hedge funds and large institutions have $1.4B invested in Michaels Stores, Inc in 2019 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 65 increasing their positions, 84 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 36

0% more funds holding

Funds holding: 218218 (0)

20% less capital invested

Capital invested by funds: $1.74B → $1.4B (-$341M)

22% less call options, than puts

Call options by funds: $18.6M | Put options by funds: $23.7M

23% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 84

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
218
Holders Change
Holders Change %
0%
% of All Funds
4.29%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.04%
New
41
Increased
65
Reduced
84
Closed
36
Calls
$18.6M
Puts
$23.7M
Net Calls
-$5.15M
Net Calls Change
-$49M
Name Holding Trade Value Shares
Change
Change in
Stake
BCI
1
Bain Capital Investors
Massachusetts
$427M
Blackstone Inc
2
Blackstone Inc
New York
$165M
BlackRock
3
BlackRock
New York
$102M +$1.2M +143,214 +1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$67.2M +$37.8K +4,502 +0.1%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$56.4M -$37.1M -4,420,087 -39%
CIM
6
Contrarius Investment Management
Jersey
$46M +$33.5M +3,985,615 +235%
AllianceBernstein
7
AllianceBernstein
Tennessee
$45.6M -$13.9M -1,651,452 -23%
AQR Capital Management
8
AQR Capital Management
Connecticut
$37.4M +$8.81M +1,048,832 +29%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$27.1M +$187K +22,255 +0.7%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$25.8M -$333K -39,600 -1%
State Street
11
State Street
Massachusetts
$25.2M +$1.36M +161,314 +5%
Teacher Retirement System of Texas
12
Teacher Retirement System of Texas
Texas
$25.2M +$4.62M +550,200 +21%
BCA
13
Bernzott Capital Advisors
California
$17.6M +$815K +97,030 +5%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$16.5M +$5.68M +676,433 +50%
Prudential Financial
15
Prudential Financial
New Jersey
$15.6M -$16M -1,902,021 -50%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$15.5M -$3.87M -460,831 -19%
Norges Bank
17
Norges Bank
Norway
$14.4M
SI
18
Sapience Investments
California
$12M -$7.59M -903,455 -38%
Adage Capital Partners
19
Adage Capital Partners
Massachusetts
$11.9M +$12.4M +1,472,153 New
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$11M +$574K +68,326 +5%
SSA
21
Schonfeld Strategic Advisors
New York
$10.7M +$11.1M +1,323,457 New
Charles Schwab
22
Charles Schwab
California
$10.6M +$1.06M +126,140 +11%
APG Asset Management
23
APG Asset Management
Netherlands
$10.4M -$607K -72,295 -5%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$9.91M +$340K +40,435 +3%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$9.25M -$55.6K -6,617 -0.6%

MIK Hedge Fund Activity: Q4 2019 in Review

218 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q4 2019, worth a combined $1.4B — down 20% from $1.74B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new MIK positions and 36 closed out — a net gain of 5 holders — while 65 added to existing stakes and 84 trimmed.

The largest buyer was Contrarius Investment Management, adding an estimated $33.5M. The largest seller was Goldman Sachs, cutting an estimated $38.5M.

  • 218 institutional investors held Michaels Stores, Inc (MIK) as of Q4 2019, unchanged from Q3 2019.
  • Funds reported $1.4B of Michaels Stores, Inc stock for Q4 2019, down 20% quarter-over-quarter.
  • 41 funds opened new Michaels Stores, Inc positions in Q4 2019 and 36 closed out, a net change of +5 holders.
  • The largest Michaels Stores, Inc buyer in Q4 2019 was Contrarius Investment Management, an estimated $33.5M added.
  • The largest Michaels Stores, Inc seller in Q4 2019 was Goldman Sachs, an estimated $38.5M sold.

Based on aggregated 13F filings for Q4 2019.