Mueller Industries
160 hedge funds and large institutions have $1.7B invested in Mueller Industries in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 11 closing their positions.
39% more call options, than puts
Call options by funds: $128K | Put options by funds: $92K
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
11% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 54
8% more capital invested
Capital invested by funds: $1.57B → $1.7B (+$125M)
2% more funds holding
Funds holding: 157 → 160 (+3)
1.29% less ownership
Funds ownership: 373.77% → 372.48% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$6.52M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$4.11M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$12M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.42M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$4.81M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$4.52M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$3.91M |
MLI Hedge Fund Activity: Q2 2016 in Review
160 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q2 2016, worth a combined $1.7B — up 7.9% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MLI positions and 11 closed out — a net gain of 4 holders — while 60 added to existing stakes and 54 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $11M. The largest seller was Gates Capital Management, cutting an estimated $12M.
- 160 institutional investors held Mueller Industries (MLI) as of Q2 2016, up from 157 in Q1 2016.
- Funds reported $1.7B of Mueller Industries stock for Q2 2016, up 7.9% quarter-over-quarter.
- 15 funds opened new Mueller Industries positions in Q2 2016 and 11 closed out, a net change of +4 holders.
- The largest Mueller Industries buyer in Q2 2016 was Fidelity Investments, an estimated $11M added.
- The largest Mueller Industries seller in Q2 2016 was Gates Capital Management, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2016.