Mueller Industries
MLI
151 hedge funds and large institutions have $1.8B invested in Mueller Industries in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 62 reducing their positions, and 13 closing their positions.
225% more call options, than puts
Call options by funds: $878K | Put options by funds: $270K
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
18% more capital invested
Capital invested by funds: $1.53B → $1.8B (+$272M)
0% more funds holding
Funds holding: 151 → 151 (0)
7.04% less ownership
Funds ownership: 379.06% → 372.02% (-7%)
29% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 62
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$3.86M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$3.06M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$1.73M |
Top Sellers
| 1 |
GCM
Gates Capital Management
New York
|
-$32.5M |
| 2 |
RA
Royce & Associates
New York
|
-$14.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.57M |
| 4 |
GC
GW Capital
Bellevue,
Washington
|
-$6.02M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$5.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
151
Kennedy Capital Management
St Louis,
Missouri
| – | -$4.17M | -584,424 | Closed |
|
152
Axa
Paris,
France
| – | -$1.09M | -152,304 | Closed |
|
|
GC
153
Guggenheim Capital
Chicago,
Illinois
| – | -$741K | -103,800 | Closed |
|
|
GT
154
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$706K | -99,040 | Closed |
|
|
JG
155
Jefferies Group
New York
| – | -$314K | -44,072 | Closed |
|
|
HI
156
HBK Investments
Dallas,
Texas
| – | -$275K | -38,592 | Closed |
|
|
NCCM
157
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$271K | -38,000 | Closed |
|
|
HFS
158
HL Financial Services
Louisville,
Kentucky
| – | -$252K | -35,344 | Closed |
|
159
Millennium Management
New York
| – | -$226K | -31,672 | Closed |
|
160
BNP Paribas Financial Markets
Paris,
France
| – | -$96.2K | -13,476 | Closed |
|
|
PCM
161
Prelude Capital Management
New York
| – | -$3K | -400 | Closed |
|
|
PTC
162
Private Trust Company
Cleveland,
Ohio
| – | -$3K | -400 | Closed |
|
|
W
163
Wealthfront
Palo Alto,
California
| – | +$32 | +4 | New |
|
|
BRWA
164
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | +$349 | +44 | New |
|
MLI Hedge Fund Activity: Q4 2014 in Review
151 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q4 2014, worth a combined $1.8B — up 18% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MLI positions and 13 closed out — a net gain of 3 holders — while 44 added to existing stakes and 62 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $49.9M. The largest seller was Gates Capital Management, cutting an estimated $32.5M.
- 151 institutional investors held Mueller Industries (MLI) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $1.8B of Mueller Industries stock for Q4 2014, up 18% quarter-over-quarter.
- 16 funds opened new Mueller Industries positions in Q4 2014 and 13 closed out, a net change of +3 holders.
- The largest Mueller Industries buyer in Q4 2014 was Fidelity Investments, an estimated $49.9M added.
- The largest Mueller Industries seller in Q4 2014 was Gates Capital Management, an estimated $32.5M sold.
Based on aggregated 13F filings for Q4 2014.