Metromile, Inc. Common Stock
MILE
MILE was delisted on the 27th of July, 2022.
105 hedge funds and large institutions have $96.7M invested in Metromile, Inc. Common Stock in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 20 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
2% less funds holding
Funds holding: 107 → 105 (-2)
4.65% less ownership
Funds ownership: 61.72% → 57.07% (-4.6%)
44% less capital invested
Capital invested by funds: $173M → $96.7M (-$75.9M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
69% less call options, than puts
Call options by funds: $84K | Put options by funds: $273K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$4.1M |
| 2 |
E
Ergoteles
New York
|
+$2.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.86M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.29M |
| 5 |
Citigroup
New York
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$4.27M |
| 2 |
Millennium Management
New York
|
-$4.19M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.6M |
| 4 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$1.81M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.81M |
MILE Hedge Fund Activity: Q1 2022 in Review
105 of the 6,361 institutional investors tracked by Wall St. Rank reported a position in Metromile, Inc. Common Stock (MILE) for Q1 2022, worth a combined $96.7M — down 44% from $173M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MILE and 19 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 38 added.
The largest buyer was Man Group, adding an estimated $4.1M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $4.27M sold.
- 105 institutional investors held Metromile, Inc. Common Stock (MILE) as of Q1 2022, down from 107 in Q4 2021.
- Funds reported $96.7M of Metromile, Inc. Common Stock stock for Q1 2022, down 44% quarter-over-quarter.
- 19 funds opened new Metromile, Inc. Common Stock positions in Q1 2022 and 20 closed out, a net change of -1 holder.
- The largest Metromile, Inc. Common Stock buyer in Q1 2022 was Man Group, an estimated $4.1M added.
- The largest Metromile, Inc. Common Stock seller in Q1 2022 was Glazer Capital LLC, an estimated $4.27M sold.
Based on aggregated 13F filings for Q1 2022.