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Mueller Industries

381 hedge funds and large institutions have $5.17B invested in Mueller Industries in 2023 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 120 increasing their positions, 153 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 31

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

27% more capital invested

Capital invested by funds: $4.08B → $5.17B (+$1.09B)

6% more funds holding

Funds holding: 358381 (+23)

22% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 153

40% less call options, than puts

Call options by funds: $4.1M | Put options by funds: $6.81M

190.68% less ownership

Funds ownership: 383.83%193.15% (-191%)

Holders
381
Holders Change
+23
Holders Change %
+6.42%
% of All Funds
5.55%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
59
Increased
120
Reduced
153
Closed
31
Calls
$4.1M
Puts
$6.81M
Net Calls
-$2.71M
Net Calls Change
+$1.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
26
Fidelity Investments
Massachusetts
$44.7M +$1.83M +90,758 +5%
RA
27
Royce & Associates
New York
$34M +$651K +32,250 +2%
Ameriprise
28
Ameriprise
Minnesota
$33.9M -$1.31M -64,866 -4%
Skandinaviska Enskilda Banken (SEB)
29
Skandinaviska Enskilda Banken (SEB)
Sweden
$33.9M -$3.47M -171,800 -11%
Bank of America
30
Bank of America
North Carolina
$32.2M -$298K -14,776 -1%
Mirae Asset Global Investments
31
Mirae Asset Global Investments
South Korea
$30.4M -$141K -6,996 -0.5%
Principal Financial Group
32
Principal Financial Group
Iowa
$29.6M -$384K -19,026 -1%
Goldman Sachs
33
Goldman Sachs
New York
$28.9M -$10.9M -540,004 -31%
N
34
Nuveen
North Carolina
$28.7M -$3.05M -151,020 -11%
Millennium Management
35
Millennium Management
New York
$23.3M -$6.95M -344,242 -26%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$19.1M -$114K -5,628 -0.7%
BGIM
37
Brandywine Global Investment Management
Pennsylvania
$17.1M +$711K +35,190 +5%
MOACM
38
Mutual of America Capital Management
New York
$16.8M -$6.89M -341,274 -32%
New York State Common Retirement Fund
39
New York State Common Retirement Fund
New York
$16.3M -$2.69M -133,200 -16%
BWP
40
Barlow Wealth Partners
Kentucky
$16.1M +$13.8M +682,348 New
Bessemer Group
41
Bessemer Group
New Jersey
$15.8M +$4.25M +210,288 +46%
Legal & General Group
42
Legal & General Group
United Kingdom
$14.9M -$24.3K -1,202 -0.2%
DekaBank Deutsche Girozentrale
43
DekaBank Deutsche Girozentrale
Germany
$14.1M +$2.06M +101,926 +20%
VF
44
Vest Financial
Virginia
$13.7M +$1.61M +79,838 +16%
Two Sigma Advisers
45
Two Sigma Advisers
New York
$13.2M +$5.19M +257,000 +85%
WCM
46
Wedge Capital Management
North Carolina
$13M -$2.24M -111,070 -17%
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$11.1M +$3.85M +190,458 +68%
EIP
48
Epoch Investment Partners
New York
$11M +$4.89M +242,352 +108%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$10.9M +$419K +20,762 +5%
OSAM
50
O'Shaughnessy Asset Management
Connecticut
$10.8M -$1.9M -93,846 -17%

MLI Hedge Fund Activity: Q4 2023 in Review

381 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q4 2023, worth a combined $5.17B — up 27% from $4.08B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new MLI positions and 31 closed out — a net gain of 28 holders — while 120 added to existing stakes and 153 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $74.9M. The largest seller was Gates Capital Management, cutting an estimated $20.1M.

  • 381 institutional investors held Mueller Industries (MLI) as of Q4 2023, up from 358 in Q3 2023.
  • Funds reported $5.17B of Mueller Industries stock for Q4 2023, up 27% quarter-over-quarter.
  • 59 funds opened new Mueller Industries positions in Q4 2023 and 31 closed out, a net change of +28 holders.
  • The largest Mueller Industries buyer in Q4 2023 was Morgan Stanley, an estimated $74.9M added.
  • The largest Mueller Industries seller in Q4 2023 was Gates Capital Management, an estimated $20.1M sold.

Based on aggregated 13F filings for Q4 2023.