Mueller Industries
157 hedge funds and large institutions have $1.57B invested in Mueller Industries in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 73 increasing their positions, 50 reducing their positions, and 28 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 50
10% more capital invested
Capital invested by funds: $1.43B → $1.57B (+$142M)
3.41% more ownership
Funds ownership: 370.36% → 373.77% (+3.4%)
11% less funds holding
Funds holding: 176 → 157 (-19)
64% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.1M |
| 2 |
Neuberger Berman Group
New York
|
+$9.44M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.01M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.59M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$9.05M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$7.73M |
| 3 |
First Manhattan
New York
|
-$6.11M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$5.62M |
| 5 |
Bank of New York Mellon
New York
|
-$5.43M |
MLI Hedge Fund Activity: Q1 2016 in Review
157 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q1 2016, worth a combined $1.57B — up 9.9% from $1.43B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MLI and 10 opened new positions — a net loss of 18 holders — while 50 trimmed existing stakes and 73 added.
The largest buyer was Fidelity Investments, adding an estimated $24.1M. The largest seller was Monarch Partners Asset Management, exiting entirely with an estimated $9.05M sold.
- 157 institutional investors held Mueller Industries (MLI) as of Q1 2016, down from 176 in Q4 2015.
- Funds reported $1.57B of Mueller Industries stock for Q1 2016, up 9.9% quarter-over-quarter.
- 10 funds opened new Mueller Industries positions in Q1 2016 and 28 closed out, a net change of -18 holders.
- The largest Mueller Industries buyer in Q1 2016 was Fidelity Investments, an estimated $24.1M added.
- The largest Mueller Industries seller in Q1 2016 was Monarch Partners Asset Management, an estimated $9.05M sold.
Based on aggregated 13F filings for Q1 2016.