Mitek Systems
MITK
126 hedge funds and large institutions have $225M invested in Mitek Systems in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 39 reducing their positions, and 21 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 39
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2.88% less ownership
Funds ownership: 60.94% → 58.06% (-2.9%)
5% less funds holding
Funds holding: 133 → 126 (-7)
7% less capital invested
Capital invested by funds: $241M → $225M (-$16.1M)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
68% less call options, than puts
Call options by funds: $391K | Put options by funds: $1.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Toronado Partners
San Francisco,
California
|
+$8.61M |
| 2 |
Legal & General Group
London,
United Kingdom
|
+$5.91M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.28M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$1.87M |
| 5 |
JP Morgan Chase
New York
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$10.9M |
| 2 |
Two Sigma Investments
New York
|
-$4.12M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$3.68M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.38M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.84M |
MITK Hedge Fund Activity: Q3 2019 in Review
126 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Mitek Systems (MITK) for Q3 2019, worth a combined $225M — down 6.7% from $241M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MITK and 15 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 50 added.
The largest buyer was Toronado Partners, adding an estimated $8.61M. The largest seller was Park West Asset Management, exiting entirely with an estimated $10.9M sold.
- 126 institutional investors held Mitek Systems (MITK) as of Q3 2019, down from 133 in Q2 2019.
- Funds reported $225M of Mitek Systems stock for Q3 2019, down 6.7% quarter-over-quarter.
- 15 funds opened new Mitek Systems positions in Q3 2019 and 21 closed out, a net change of -6 holders.
- The largest Mitek Systems buyer in Q3 2019 was Toronado Partners, an estimated $8.61M added.
- The largest Mitek Systems seller in Q3 2019 was Park West Asset Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2019.