Michaels Stores, Inc
MIK
MIK was delisted on the 14th of April, 2021.
243 hedge funds and large institutions have $2.04B invested in Michaels Stores, Inc in 2020 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 79 increasing their positions, 86 reducing their positions, and 44 closing their positions.
19% more capital invested
Capital invested by funds: $1.71B → $2.04B (+$324M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
16% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 44
2% more funds holding
Funds holding: 238 → 243 (+5)
8% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 86
20% less call options, than puts
Call options by funds: $14M | Put options by funds: $17.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$23.2M |
| 2 |
Two Sigma Advisers
New York
|
+$20.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.6M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$19.6M |
| 5 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$197M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$81.6M |
| 3 |
GAM
Goldentree Asset Management
New York
|
-$31.3M |
| 4 |
Goldman Sachs
New York
|
-$16.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.4M |
MIK Hedge Fund Activity: Q4 2020 in Review
243 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Michaels Stores, Inc (MIK) for Q4 2020, worth a combined $2.04B — up 19% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new MIK positions and 44 closed out — a net gain of 7 holders — while 79 added to existing stakes and 86 trimmed.
The largest buyer was Capital Growth Management, adding an estimated $23.2M. The largest seller was Blackstone Inc, exiting entirely with an estimated $197M sold.
- 243 institutional investors held Michaels Stores, Inc (MIK) as of Q4 2020, up from 238 in Q3 2020.
- Funds reported $2.04B of Michaels Stores, Inc stock for Q4 2020, up 19% quarter-over-quarter.
- 51 funds opened new Michaels Stores, Inc positions in Q4 2020 and 44 closed out, a net change of +7 holders.
- The largest Michaels Stores, Inc buyer in Q4 2020 was Capital Growth Management, an estimated $23.2M added.
- The largest Michaels Stores, Inc seller in Q4 2020 was Blackstone Inc, an estimated $197M sold.
Based on aggregated 13F filings for Q4 2020.