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Mueller Industries

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.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+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: 171168 (-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

Holders
168
Holders Change
-3
Holders Change %
-1.75%
% of All Funds
4.88%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.09%
New
15
Increased
61
Reduced
66
Closed
18
Calls
Puts
$63K
Net Calls
-$63K
Net Calls Change
+$660K
Name Holding Trade Value Shares
Change
Change in
Stake
GCM
1
Gates Capital Management
New York
$129M +$16.2M +2,177,608 +15%
Vanguard Group
2
Vanguard Group
Pennsylvania
$117M +$3.46M +465,872 +3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$117M +$1.36M +183,440 +1%
BFA
4
BlackRock Fund Advisors
California
$98.2M +$2.32M +312,128 +3%
Franklin Resources
5
Franklin Resources
California
$84M -$3.85M -518,400 -5%
GI
6
GAMCO Investors
Connecticut
$79.7M +$2.86M +384,800 +4%
RA
7
Royce & Associates
New York
$48.9M +$757K +101,920 +2%
BIT
8
BlackRock Institutional Trust
California
$47.1M -$3.66M -492,832 -8%
Fisher Asset Management
9
Fisher Asset Management
Washington
$46.3M -$879K -118,400 -2%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$46.1M +$998K +134,320 +2%
Ameriprise
11
Ameriprise
Minnesota
$46.1M -$2.44M -328,688 -5%
GF
12
Gabelli Funds
New York
$45M +$2.02M +272,000 +5%
EIP
13
Epoch Investment Partners
New York
$41.4M +$135K +18,160 +0.3%
GC
14
GW Capital
Washington
$39.9M -$916K -123,336 -2%
State Street
15
State Street
Massachusetts
$39.4M +$647K +87,080 +2%
First Manhattan
16
First Manhattan
New York
$31.1M -$5.7M -767,760 -16%
Victory Capital Management
17
Victory Capital Management
Texas
$29.5M +$8.84M +1,190,464 +47%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$28M +$8.94M +1,203,864 +51%
Wells Fargo
19
Wells Fargo
California
$27M -$1.24M -167,232 -5%
Northern Trust
20
Northern Trust
Illinois
$26.7M +$68K +9,152 +0.3%
SFM
21
Systematic Financial Management
New Jersey
$20.6M -$441K -59,368 -2%
LHC
22
Lodge Hill Capital
New York
$20.2M +$19M +2,561,840 New
Neuberger Berman Group
23
Neuberger Berman Group
New York
$20.2M -$707K -95,208 -4%
Prudential Financial
24
Prudential Financial
New Jersey
$17.8M +$6.08M +818,880 +57%
Norges Bank
25
Norges Bank
Norway
$17.2M

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.