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Mitek Systems

144 hedge funds and large institutions have $351M invested in Mitek Systems in 2020 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 39 increasing their positions, 53 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 17

31% more capital invested

Capital invested by funds: $268M → $351M (+$82.5M)

12% more funds holding

Funds holding: 129144 (+15)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

1.16% less ownership

Funds ownership: 67.8%66.65% (-1.2%)

26% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 53

43% less call options, than puts

Call options by funds: $441K | Put options by funds: $780K

Holders
144
Holders Change
+15
Holders Change %
+11.63%
% of All Funds
2.91%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
32
Increased
39
Reduced
53
Closed
17
Calls
$441K
Puts
$780K
Net Calls
-$339K
Net Calls Change
-$375K
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
1
Legal & General Group
United Kingdom
$44M +$10.7M +949,903 +38%
TP
2
Toronado Partners
California
$38M +$1.38M +122,810 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$27.1M -$439K -38,930 -2%
BlackRock
4
BlackRock
New York
$26.1M -$52.6K -4,668 -0.2%
BGC
5
Blue Grotto Capital
Georgia
$21.9M +$2.65M +235,241 +16%
IAA
6
Independent Advisor Alliance
North Carolina
$13.5M -$579K -51,331 -5%
State Street
7
State Street
Massachusetts
$11.8M +$1.39M +123,116 +15%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$11.5M -$1.15M -101,904 -10%
SIG
9
Sargent Investment Group
Maryland
$9.62M -$386K -34,275 -4%
Renaissance Technologies
10
Renaissance Technologies
New York
$7.69M +$613K +54,400 +10%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$7.63M -$58K -5,147 -0.9%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$6.96M +$336K +29,790 +6%
Charles Schwab
13
Charles Schwab
California
$6.3M +$534K +47,349 +11%
Northern Trust
14
Northern Trust
Illinois
$6M -$434K -38,518 -8%
ACM
15
Archon Capital Management
Washington
$5.08M -$7.92M -702,498 -64%
JP Morgan Chase
16
JP Morgan Chase
New York
$5.07M +$161K +14,311 +4%
EIM
17
Essex Investment Management
Massachusetts
$4.12M -$279K -24,729 -7%
Wells Fargo
18
Wells Fargo
California
$4.04M -$216K -19,183 -6%
N
19
Nuveen
North Carolina
$3.47M +$44.1K +3,916 +1%
VC
20
Voss Capital
Texas
$3.41M +$3.01M +267,334 New
PSC
21
Prentiss Smith & Co
Vermont
$3.28M +$60.8K +5,396 +2%
PAWC
22
P.A.W. Capital
Connecticut
$3.19M -$564K -50,000 -17%
TAM
23
Tocqueville Asset Management
New York
$3.07M +$2.4K +213 +0.1%
Prudential Financial
24
Prudential Financial
New Jersey
$2.96M +$1.13M +100,545 +77%
MSL
25
Mackay Shields LLC
New York
$2.91M +$1.54M +136,600 +149%

MITK Hedge Fund Activity: Q3 2020 in Review

144 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Mitek Systems (MITK) for Q3 2020, worth a combined $351M — up 31% from $268M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new MITK positions and 17 closed out — a net gain of 15 holders — while 39 added to existing stakes and 53 trimmed.

The largest buyer was Legal & General Group, adding an estimated $10.7M. The largest seller was Archon Capital Management, cutting an estimated $7.92M.

  • 144 institutional investors held Mitek Systems (MITK) as of Q3 2020, up from 129 in Q2 2020.
  • Funds reported $351M of Mitek Systems stock for Q3 2020, up 31% quarter-over-quarter.
  • 32 funds opened new Mitek Systems positions in Q3 2020 and 17 closed out, a net change of +15 holders.
  • The largest Mitek Systems buyer in Q3 2020 was Legal & General Group, an estimated $10.7M added.
  • The largest Mitek Systems seller in Q3 2020 was Archon Capital Management, an estimated $7.92M sold.

Based on aggregated 13F filings for Q3 2020.