Mueller Industries
152 hedge funds and large institutions have $1.53B invested in Mueller Industries in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 50 increasing their positions, 59 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
4.27% more ownership
Funds ownership: 374.79% → 379.06% (+4.3%)
2% less call options, than puts
Call options by funds: $491K | Put options by funds: $500K
2% less capital invested
Capital invested by funds: $1.56B → $1.53B (-$28.3M)
2% less funds holding
Funds holding: 155 → 152 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
15% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.7M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$17.4M |
| 3 |
GCM
Gates Capital Management
New York
|
+$8.52M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$7.53M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$14.3M |
| 2 |
First Manhattan
New York
|
-$7.21M |
| 3 |
LHC
Lodge Hill Capital
New York
|
-$6.91M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.98M |
| 5 |
JP Morgan Chase
New York
|
-$3.13M |
MLI Hedge Fund Activity: Q3 2014 in Review
152 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q3 2014, worth a combined $1.53B — down 1.8% from $1.56B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MLI and 13 opened new positions — a net loss of 2 holders — while 59 trimmed existing stakes and 50 added.
The largest buyer was Fidelity Investments, adding an estimated $25.7M. The largest seller was Norges Bank, cutting an estimated $14.3M.
- 152 institutional investors held Mueller Industries (MLI) as of Q3 2014, down from 155 in Q2 2014.
- Funds reported $1.53B of Mueller Industries stock for Q3 2014, down 1.8% quarter-over-quarter.
- 13 funds opened new Mueller Industries positions in Q3 2014 and 15 closed out, a net change of -2 holders.
- The largest Mueller Industries buyer in Q3 2014 was Fidelity Investments, an estimated $25.7M added.
- The largest Mueller Industries seller in Q3 2014 was Norges Bank, an estimated $14.3M sold.
Based on aggregated 13F filings for Q3 2014.