Mueller Industries
MLI
199 hedge funds and large institutions have $1.49B invested in Mueller Industries in 2019 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 66 increasing their positions, 51 reducing their positions, and 19 closing their positions.
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
29% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 51
8% more funds holding
Funds holding: 184 → 199 (+15)
1% more call options, than puts
Call options by funds: $625K | Put options by funds: $621K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $1.54B → $1.49B (-$54.6M)
6.09% less ownership
Funds ownership: 372.42% → 366.33% (-6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$8.81M |
| 2 |
GCM
Gates Capital Management
New York
|
+$7.6M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$6.65M |
| 4 |
Morgan Stanley
New York
|
+$6.6M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$35M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.9M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$17.8M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$9.43M |
| 5 |
Neuberger Berman Group
New York
|
-$6.66M |
MLI Hedge Fund Activity: Q3 2019 in Review
199 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q3 2019, worth a combined $1.49B — down 3.5% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new MLI positions and 19 closed out — a net gain of 15 holders — while 66 added to existing stakes and 51 trimmed.
The largest buyer was Nuveen, adding an estimated $8.81M. The largest seller was Fidelity Investments, cutting an estimated $35M.
- 199 institutional investors held Mueller Industries (MLI) as of Q3 2019, up from 184 in Q2 2019.
- Funds reported $1.49B of Mueller Industries stock for Q3 2019, down 3.5% quarter-over-quarter.
- 34 funds opened new Mueller Industries positions in Q3 2019 and 19 closed out, a net change of +15 holders.
- The largest Mueller Industries buyer in Q3 2019 was Nuveen, an estimated $8.81M added.
- The largest Mueller Industries seller in Q3 2019 was Fidelity Investments, an estimated $35M sold.
Based on aggregated 13F filings for Q3 2019.