Metromile, Inc. Common Stock
MILE
MILE was delisted on the 27th of July, 2022.
99 hedge funds and large institutions have $215M invested in Metromile, Inc. Common Stock in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 21 reducing their positions, and 20 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 21
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1% more funds holding
Funds holding: 98 → 99 (+1)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
8% less call options, than puts
Call options by funds: $8.38M | Put options by funds: $9.07M
64% less capital invested
Capital invested by funds: $592M → $215M (-$377M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$9.19M |
| 2 |
ClearBridge Investments
New York
|
+$8.28M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.89M |
| 4 |
AFS
Amtrust Financial Services
New York
|
+$6.07M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFC
Intact Financial Corporation
Toronto,
Ontario, Canada
|
-$34.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$33.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$8.48M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$4.7M |
| 5 |
SC
Samlyn Capital
New York
|
-$4M |
MILE Hedge Fund Activity: Q3 2021 in Review
99 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Metromile, Inc. Common Stock (MILE) for Q3 2021, worth a combined $215M — down 64% from $592M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MILE positions and 20 closed out — a net gain of 1 holder — while 39 added to existing stakes and 21 trimmed.
The largest buyer was Miller Value Partners, adding an estimated $9.19M. The largest seller was Intact Financial Corporation, cutting an estimated $34.5M.
- 99 institutional investors held Metromile, Inc. Common Stock (MILE) as of Q3 2021, up from 98 in Q2 2021.
- Funds reported $215M of Metromile, Inc. Common Stock stock for Q3 2021, down 64% quarter-over-quarter.
- 21 funds opened new Metromile, Inc. Common Stock positions in Q3 2021 and 20 closed out, a net change of +1 holder.
- The largest Metromile, Inc. Common Stock buyer in Q3 2021 was Miller Value Partners, an estimated $9.19M added.
- The largest Metromile, Inc. Common Stock seller in Q3 2021 was Intact Financial Corporation, an estimated $34.5M sold.
Based on aggregated 13F filings for Q3 2021.