Metromile, Inc. Common Stock
MILE
MILE was delisted on the 27th of July, 2022.
80 hedge funds and large institutions have $52M invested in Metromile, Inc. Common Stock in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 31 reducing their positions, and 35 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
23% less funds holding
Funds holding: 104 → 80 (-24)
46% less capital invested
Capital invested by funds: $96.6M → $52M (-$44.6M)
48% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 31
66% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 35
66% less call options, than puts
Call options by funds: $36K | Put options by funds: $105K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sarissa Consulting
Santa Monica,
California
|
+$1.59M |
| 2 |
Millennium Management
New York
|
+$1.46M |
| 3 |
E
Ergoteles
New York
|
+$660K |
| 4 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$472K |
| 5 |
AIM
Allen Investment Management
New York
|
+$451K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$9.02M |
| 2 |
BlackRock
New York
|
-$5.03M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.55M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.73M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
101
Amalgamated Bank
New York
| – | -$15K | -11,646 | Closed |
|
102
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$14K | -10,809 | Closed |
|
103
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$10 | -7,938 | Closed |
|
|
AIP
104
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$10K | -7,444 | Closed |
|
105
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6.83K | -6,690 | -95% |
|
106
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -783 | Closed |
|
|
TWC
107
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$1.64K | -600 | Closed |
|
|
CAL
108
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$1K | -391 | Closed |
|
109
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$157 | -154 | -31% |
|
MILE Hedge Fund Activity: Q2 2022 in Review
80 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Metromile, Inc. Common Stock (MILE) for Q2 2022, worth a combined $52M — down 46% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of MILE and 12 opened new positions — a net loss of 23 holders — while 31 trimmed existing stakes and 16 added.
The largest buyer was Sarissa Consulting, adding an estimated $1.59M. The largest seller was Man Group, exiting entirely with an estimated $9.02M sold.
- 80 institutional investors held Metromile, Inc. Common Stock (MILE) as of Q2 2022, down from 104 in Q1 2022.
- Funds reported $52M of Metromile, Inc. Common Stock stock for Q2 2022, down 46% quarter-over-quarter.
- 12 funds opened new Metromile, Inc. Common Stock positions in Q2 2022 and 35 closed out, a net change of -23 holders.
- The largest Metromile, Inc. Common Stock buyer in Q2 2022 was Sarissa Consulting, an estimated $1.59M added.
- The largest Metromile, Inc. Common Stock seller in Q2 2022 was Man Group, an estimated $9.02M sold.
Based on aggregated 13F filings for Q2 2022.