Mueller Industries
MLI
168 hedge funds and large institutions have $1.63B invested in Mueller Industries in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 66 reducing their positions, and 18 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
14% more capital invested
Capital invested by funds: $1.42B → $1.63B (+$203M)
3.07% more ownership
Funds ownership: 727.52% → 730.6% (+3.1%)
8% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 66
2% less funds holding
Funds holding: 171 → 168 (-3)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $63K
Top Buyers
| 1 |
GCM
Gates Capital Management
New York
|
+$16.2M |
| 2 |
Bank of New York Mellon
New York
|
+$8.94M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$8.84M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.22M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$6.08M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$8.11M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$7.04M |
| 3 |
First Manhattan
New York
|
-$5.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$5.51M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$4.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
176
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$653K | -93,808 | Closed |
|
|
SGAM
177
Smith Group Asset Management
Dallas,
Texas
| – | -$551K | -79,112 | Closed |
|
|
DC
178
Deere & Company
Moline,
Illinois
| – | -$547K | -78,584 | Closed |
|
|
BMCMI
179
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$528K | -75,936 | Closed |
|
180
Nomura Holdings
Tokyo,
Japan
| – | -$511K | -73,648 | Closed |
|
|
ARTA
181
A.R.T. Advisors
New York
| – | -$501K | -72,120 | Closed |
|
|
PG
182
PEAK6 Group
Chicago,
Illinois
| – | -$251K | -72,096 | Closed |
|
|
HCM
183
Highbridge Capital Management
New York
| – | -$380K | -54,696 | Closed |
|
184
Acadian Asset Management
Boston,
Massachusetts
| – | -$282K | -40,544 | Closed |
|
|
JG
185
Jefferies Group
New York
| – | -$228K | -32,720 | Closed |
|
|
NBC
186
Neuberger Berman Canada
Toronto,
Ontario, Canada
| – | -$206K | -29,600 | Closed |
|
MLI Hedge Fund Activity: Q4 2013 in Review
168 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q4 2013, worth a combined $1.63B — up 14% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MLI and 15 opened new positions — a net loss of 3 holders — while 66 trimmed existing stakes and 61 added.
The largest buyer was Gates Capital Management, adding an estimated $16.2M. The largest seller was Morgan Stanley, cutting an estimated $8.11M.
- 168 institutional investors held Mueller Industries (MLI) as of Q4 2013, down from 171 in Q3 2013.
- Funds reported $1.63B of Mueller Industries stock for Q4 2013, up 14% quarter-over-quarter.
- 15 funds opened new Mueller Industries positions in Q4 2013 and 18 closed out, a net change of -3 holders.
- The largest Mueller Industries buyer in Q4 2013 was Gates Capital Management, an estimated $16.2M added.
- The largest Mueller Industries seller in Q4 2013 was Morgan Stanley, an estimated $8.11M sold.
Based on aggregated 13F filings for Q4 2013.