Mitek Systems
MITK
164 hedge funds and large institutions have $282M invested in Mitek Systems in 2022 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 46 increasing their positions, 48 reducing their positions, and 23 closing their positions.
182% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $503K
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
5% more funds holding
Funds holding: 156 → 164 (+8)
1.57% more ownership
Funds ownership: 68.39% → 69.97% (+1.6%)
4% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 48
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
37% less capital invested
Capital invested by funds: $444M → $282M (-$162M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
+$6.06M |
| 2 |
Renaissance Technologies
New York
|
+$5.16M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$4.54M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.35M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIP
Norwood Investment Partners
Mill Valley,
California
|
-$9.46M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
-$6.64M |
| 3 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$6.03M |
| 4 |
PSC
Prentiss Smith & Co
Brattleboro,
Vermont
|
-$4.18M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
176
GAMCO Investors
Greenwich,
Connecticut
| – | -$176K | -12,000 | Closed |
|
177
Envestnet Asset Management
Chicago,
Illinois
| – | -$155K | -10,543 | Closed |
|
|
FMP
178
Financial Management Professionals
Austin,
Texas
| – | -$116K | -7,936 | Closed |
|
|
PMAM
179
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$73K | -5,000 | Closed |
|
|
CAM
180
Close Asset Management
London,
United Kingdom
| – | -$23.2K | -2,180 | -99% |
|
|
MCC
181
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$4K | -300 | Closed |
|
|
TWA
182
TCI Wealth Advisors
Tucson,
Arizona
| – | -$4K | -268 | Closed |
|
|
FAG
183
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$1K | -100 | Closed |
|
|
EC
184
Elequin Capital
New York
| – | -$1K | -65 | Closed |
|
|
LFA
185
Level Financial Advisors
East Amherst,
New York
| – | +$106 | +10 | New |
|
|
LC
186
Lindbrook Capital
Calabasas,
California
| – | +$341 | +32 | New |
|
|
PA
187
Parallel Advisors
San Francisco,
California
| – | +$468 | +44 | New |
|
MITK Hedge Fund Activity: Q2 2022 in Review
164 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Mitek Systems (MITK) for Q2 2022, worth a combined $282M — down 37% from $444M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MITK positions and 23 closed out — a net gain of 13 holders — while 46 added to existing stakes and 48 trimmed.
The largest buyer was Blue Grotto Capital, adding an estimated $6.06M. The largest seller was Norwood Investment Partners, exiting entirely with an estimated $9.46M sold.
- 164 institutional investors held Mitek Systems (MITK) as of Q2 2022, up from 156 in Q1 2022.
- Funds reported $282M of Mitek Systems stock for Q2 2022, down 37% quarter-over-quarter.
- 36 funds opened new Mitek Systems positions in Q2 2022 and 23 closed out, a net change of +13 holders.
- The largest Mitek Systems buyer in Q2 2022 was Blue Grotto Capital, an estimated $6.06M added.
- The largest Mitek Systems seller in Q2 2022 was Norwood Investment Partners, an estimated $9.46M sold.
Based on aggregated 13F filings for Q2 2022.