Mueller Industries
MLI
338 hedge funds and large institutions have $4B invested in Mueller Industries in 2023 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 117 increasing their positions, 130 reducing their positions, and 36 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
50% more call options, than puts
Call options by funds: $3.53M | Put options by funds: $2.36M
42% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 36
37% more capital invested
Capital invested by funds: $2.92B → $4B (+$1.08B)
23.39% more ownership
Funds ownership: 362.84% → 386.23% (+23%)
4% more funds holding
Funds holding: 326 → 338 (+12)
10% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$140M |
| 2 |
GCM
Gates Capital Management
New York
|
+$57.6M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$43M |
| 4 |
Rockefeller Capital Management
New York
|
+$27.4M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$33.8M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$14.7M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$13.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$12.7M |
| 5 |
BlackRock
New York
|
-$10.4M |
MLI Hedge Fund Activity: Q1 2023 in Review
338 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q1 2023, worth a combined $4B — up 37% from $2.92B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new MLI positions and 36 closed out — a net gain of 15 holders — while 117 added to existing stakes and 130 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $140M. The largest seller was Allspring Global Investments, cutting an estimated $33.8M.
- 338 institutional investors held Mueller Industries (MLI) as of Q1 2023, up from 326 in Q4 2022.
- Funds reported $4B of Mueller Industries stock for Q1 2023, up 37% quarter-over-quarter.
- 51 funds opened new Mueller Industries positions in Q1 2023 and 36 closed out, a net change of +15 holders.
- The largest Mueller Industries buyer in Q1 2023 was First Trust Advisors, an estimated $140M added.
- The largest Mueller Industries seller in Q1 2023 was Allspring Global Investments, an estimated $33.8M sold.
Based on aggregated 13F filings for Q1 2023.