Mueller Industries
370 hedge funds and large institutions have $4.76B invested in Mueller Industries in 2023 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 130 increasing their positions, 134 reducing their positions, and 25 closing their positions.
173% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $3.68M
140% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 25
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
19% more capital invested
Capital invested by funds: $4B → $4.76B (+$752M)
9% more funds holding
Funds holding: 338 → 370 (+32)
3% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 134
1.96% less ownership
Funds ownership: 386.23% → 384.28% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.4M |
| 2 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
+$20.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$13.5M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$11.8M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$46M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$39.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$18.9M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$17.2M |
| 5 |
Goldman Sachs
New York
|
-$13M |
MLI Hedge Fund Activity: Q2 2023 in Review
370 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q2 2023, worth a combined $4.76B — up 19% from $4B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new MLI positions and 25 closed out — a net gain of 35 holders — while 130 added to existing stakes and 134 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $22.4M. The largest seller was Envestnet Asset Management, cutting an estimated $46M.
- 370 institutional investors held Mueller Industries (MLI) as of Q2 2023, up from 338 in Q1 2023.
- Funds reported $4.76B of Mueller Industries stock for Q2 2023, up 19% quarter-over-quarter.
- 60 funds opened new Mueller Industries positions in Q2 2023 and 25 closed out, a net change of +35 holders.
- The largest Mueller Industries buyer in Q2 2023 was Fidelity Investments, an estimated $22.4M added.
- The largest Mueller Industries seller in Q2 2023 was Envestnet Asset Management, an estimated $46M sold.
Based on aggregated 13F filings for Q2 2023.