Mueller Industries
155 hedge funds and large institutions have $1.55B invested in Mueller Industries in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 61 reducing their positions, and 29 closing their positions.
0.16% less ownership
Funds ownership: 730.6% → 730.43% (-0.16%)
5% less capital invested
Capital invested by funds: $1.63B → $1.55B (-$74.5M)
8% less funds holding
Funds holding: 168 → 155 (-13)
13% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 61
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
44% less call options, than puts
Call options by funds: $210K | Put options by funds: $372K
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.3M |
| 2 |
GCM
Gates Capital Management
New York
|
+$20.5M |
| 3 |
LHC
Lodge Hill Capital
New York
|
+$9.51M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.43M |
| 5 |
Bank of New York Mellon
New York
|
+$5.66M |
Top Sellers
| 1 |
Northern Trust
Chicago,
Illinois
|
-$11.1M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$8.99M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$7.03M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$5.59M |
| 5 |
First Manhattan
New York
|
-$4.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BJ
176
BlackRock Japan
Tokyo,
Japan
| – | -$129K | -16,400 | Closed |
|
177
SG Americas Securities
New York
| – | -$128K | -16,216 | Closed |
|
178
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$82K | -10,400 | Closed |
|
|
TRCT
179
Tower Research Capital (TRC)
New York
| – | -$65K | -8,224 | Closed |
|
|
QBFM
180
QS Batterymarch Financial Management
New York
| – | -$64K | -8,000 | Closed |
|
|
SO
181
STRS Ohio
Columbus,
Ohio
| – | -$36.8K | -4,800 | Closed |
|
182
BNP Paribas Financial Markets
Paris,
France
| – | -$22.9K | -2,912 | Closed |
|
|
PCM
183
Prelude Capital Management
New York
| – | -$6K | -800 | Closed |
|
|
FHA
184
First Horizon Advisors
Memphis,
Tennessee
| – | +$184 | +24 | New |
|
MLI Hedge Fund Activity: Q1 2014 in Review
155 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q1 2014, worth a combined $1.55B — down 4.6% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of MLI and 17 opened new positions — a net loss of 12 holders — while 61 trimmed existing stakes and 53 added.
The largest buyer was Fidelity Investments, adding an estimated $22.3M. The largest seller was Northern Trust, cutting an estimated $11.1M.
- 155 institutional investors held Mueller Industries (MLI) as of Q1 2014, down from 168 in Q4 2013.
- Funds reported $1.55B of Mueller Industries stock for Q1 2014, down 4.6% quarter-over-quarter.
- 17 funds opened new Mueller Industries positions in Q1 2014 and 29 closed out, a net change of -12 holders.
- The largest Mueller Industries buyer in Q1 2014 was Fidelity Investments, an estimated $22.3M added.
- The largest Mueller Industries seller in Q1 2014 was Northern Trust, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2014.