Mueller Industries
429 hedge funds and large institutions have $5.97B invested in Mueller Industries in 2024 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 160 increasing their positions, 146 reducing their positions, and 45 closing their positions.
38% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 45
5% more capital invested
Capital invested by funds: $5.68B → $5.97B (+$296M)
3% more funds holding
Funds holding: 416 → 429 (+13)
10% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 146
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.5% less ownership
Funds ownership: 185.12% → 184.63% (-0.5%)
60% less call options, than puts
Call options by funds: $4.88M | Put options by funds: $12.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$52.4M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$35.9M |
| 3 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$14.2M |
| 4 |
Goldman Sachs
New York
|
+$11.3M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$51.4M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$45M |
| 3 |
BlackRock
New York
|
-$25.2M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$20M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$19.8M |
MLI Hedge Fund Activity: Q2 2024 in Review
429 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q2 2024, worth a combined $5.97B — up 5.2% from $5.68B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new MLI positions and 45 closed out — a net gain of 17 holders — while 160 added to existing stakes and 146 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $52.4M. The largest seller was Gates Capital Management, exiting entirely with an estimated $51.4M sold.
- 429 institutional investors held Mueller Industries (MLI) as of Q2 2024, up from 416 in Q1 2024.
- Funds reported $5.97B of Mueller Industries stock for Q2 2024, up 5.2% quarter-over-quarter.
- 62 funds opened new Mueller Industries positions in Q2 2024 and 45 closed out, a net change of +17 holders.
- The largest Mueller Industries buyer in Q2 2024 was First Trust Advisors, an estimated $52.4M added.
- The largest Mueller Industries seller in Q2 2024 was Gates Capital Management, an estimated $51.4M sold.
Based on aggregated 13F filings for Q2 2024.