Metromile, Inc. Common Stock
MILE
MILE was delisted on the 27th of July, 2022.
107 hedge funds and large institutions have $172M invested in Metromile, Inc. Common Stock in 2021 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 33 increasing their positions, 16 reducing their positions, and 32 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 16
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 32
8% more funds holding
Funds holding: 99 → 107 (+8)
20% less capital invested
Capital invested by funds: $215M → $172M (-$42.6M)
35% less call options, than puts
Call options by funds: $804K | Put options by funds: $1.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$19.4M |
| 2 |
Man Group
London,
United Kingdom
|
+$17.1M |
| 3 |
BlackRock
New York
|
+$8.39M |
| 4 |
Millennium Management
New York
|
+$7.17M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$5.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$28.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.97M |
| 4 |
ClearBridge Investments
New York
|
-$5.34M |
| 5 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$3.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
XT
126
XTX Topco
George Town,
Cayman Islands
| – | -$37K | -10,453 | Closed |
|
|
WAM
127
Wolverine Asset Management
Chicago,
Illinois
| – | -$29.3K | -10,295 | Closed |
|
|
GRP
128
Global Retirement Partners
San Rafael,
California
| – | -$9K | -2,676 | Closed |
|
|
CSS
129
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$3K | -942 | Closed |
|
|
GWM
130
Geneos Wealth Management
Englewood,
Colorado
| – | -$2K | -600 | Closed |
|
|
SPIA
131
Steward Partners Investment Advisory
New York
| – | -$1K | -400 | Closed |
|
|
CPWM
132
Cypress Point Wealth Management
Dallas,
Texas
| – | -$1K | -250 | Closed |
|
|
JFA
133
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$1K | -200 | Closed |
|
134
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$17 | +6 | New |
|
135
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$362 | +127 | +244% |
|
|
DFCM
136
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | +$393 | +138 | New |
|
MILE Hedge Fund Activity: Q4 2021 in Review
107 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Metromile, Inc. Common Stock (MILE) for Q4 2021, worth a combined $172M — down 20% from $215M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new MILE positions and 32 closed out — a net gain of 9 holders — while 33 added to existing stakes and 16 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $19.4M. The largest seller was Miller Value Partners, exiting entirely with an estimated $28.4M sold.
- 107 institutional investors held Metromile, Inc. Common Stock (MILE) as of Q4 2021, up from 99 in Q3 2021.
- Funds reported $172M of Metromile, Inc. Common Stock stock for Q4 2021, down 20% quarter-over-quarter.
- 41 funds opened new Metromile, Inc. Common Stock positions in Q4 2021 and 32 closed out, a net change of +9 holders.
- The largest Metromile, Inc. Common Stock buyer in Q4 2021 was Magnetar Financial, an estimated $19.4M added.
- The largest Metromile, Inc. Common Stock seller in Q4 2021 was Miller Value Partners, an estimated $28.4M sold.
Based on aggregated 13F filings for Q4 2021.