Metromile, Inc. Common Stock
MILE
MILE was delisted on the 27th of July, 2022.
82 hedge funds and large institutions have $594M invested in Metromile, Inc. Common Stock in 2021 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 20 increasing their positions, 6 reducing their positions, and 22 closing their positions.
244% more capital invested
Capital invested by funds: $173M → $594M (+$421M)
233% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 6
136% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 22
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
70% more call options, than puts
Call options by funds: $35.2M | Put options by funds: $20.8M
58% more funds holding
Funds holding: 52 → 82 (+30)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
+$143M |
| 2 |
IVAV
Index Venture Associates V
St. Helier, Channel Islands,
Jersey
|
+$111M |
| 3 |
TMNFIC
Tokio Marine & Nichido Fire Insurance Company
Tokyo,
Japan
|
+$67.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$50M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$13.6M |
| 2 |
LA
Linden Advisors
New York
|
-$7.78M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$7.26M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.12M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.09M |
MILE Hedge Fund Activity: Q1 2021 in Review
82 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Metromile, Inc. Common Stock (MILE) for Q1 2021, worth a combined $594M — up 244% from $173M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new MILE positions and 22 closed out — a net gain of 30 holders — while 20 added to existing stakes and 6 trimmed.
The largest buyer was NEA Management Company, opening a new position worth an estimated $143M. The largest seller was Magnetar Financial, exiting entirely with an estimated $13.6M sold.
- 82 institutional investors held Metromile, Inc. Common Stock (MILE) as of Q1 2021, up from 52 in Q4 2020.
- Funds reported $594M of Metromile, Inc. Common Stock stock for Q1 2021, up 244% quarter-over-quarter.
- 52 funds opened new Metromile, Inc. Common Stock positions in Q1 2021 and 22 closed out, a net change of +30 holders.
- The largest Metromile, Inc. Common Stock buyer in Q1 2021 was NEA Management Company, an estimated $143M added.
- The largest Metromile, Inc. Common Stock seller in Q1 2021 was Magnetar Financial, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2021.