Mitek Systems
MITK
116 hedge funds and large institutions have $217M invested in Mitek Systems in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 26 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
9% more capital invested
Capital invested by funds: $200M → $217M (+$17.1M)
3.43% more ownership
Funds ownership: 63.93% → 67.37% (+3.4%)
6% less call options, than puts
Call options by funds: $1.46M | Put options by funds: $1.55M
9% less funds holding
Funds holding: 128 → 116 (-12)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$11.1M |
| 2 |
Legal & General Group
London,
United Kingdom
|
+$5.49M |
| 3 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
+$2.26M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$2.04M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.38M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$4.29M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.61M |
| 4 |
Squarepoint
New York
|
-$1.17M |
| 5 |
Morgan Stanley
New York
|
-$1.03M |
MITK Hedge Fund Activity: Q1 2020 in Review
116 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Mitek Systems (MITK) for Q1 2020, worth a combined $217M — up 8.5% from $200M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of MITK and 16 opened new positions — a net loss of 10 holders — while 44 trimmed existing stakes and 38 added.
The largest buyer was Cloverdale Capital Management, opening a new position worth an estimated $11.1M. The largest seller was Millennium Management, cutting an estimated $4.38M.
- 116 institutional investors held Mitek Systems (MITK) as of Q1 2020, down from 128 in Q4 2019.
- Funds reported $217M of Mitek Systems stock for Q1 2020, up 8.5% quarter-over-quarter.
- 16 funds opened new Mitek Systems positions in Q1 2020 and 26 closed out, a net change of -10 holders.
- The largest Mitek Systems buyer in Q1 2020 was Cloverdale Capital Management, an estimated $11.1M added.
- The largest Mitek Systems seller in Q1 2020 was Millennium Management, an estimated $4.38M sold.
Based on aggregated 13F filings for Q1 2020.