Mueller Industries
160 hedge funds and large institutions have $1.85B invested in Mueller Industries in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 65 increasing their positions, 52 reducing their positions, and 17 closing their positions.
97% more call options, than puts
Call options by funds: $752K | Put options by funds: $381K
25% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 52
16% more capital invested
Capital invested by funds: $1.6B → $1.85B (+$250M)
2.29% more ownership
Funds ownership: 365.99% → 368.28% (+2.3%)
4% less funds holding
Funds holding: 167 → 160 (-7)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$7.2M |
| 2 |
BlackRock
New York
|
+$6.86M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.96M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.34M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.39M |
| 2 |
Millennium Management
New York
|
-$4.31M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.76M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.98M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.88M |
MLI Hedge Fund Activity: Q3 2017 in Review
160 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q3 2017, worth a combined $1.85B — up 16% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MLI and 11 opened new positions — a net loss of 6 holders — while 52 trimmed existing stakes and 65 added.
The largest buyer was Victory Capital Management, adding an estimated $7.2M. The largest seller was Fidelity Investments, cutting an estimated $8.39M.
- 160 institutional investors held Mueller Industries (MLI) as of Q3 2017, down from 167 in Q2 2017.
- Funds reported $1.85B of Mueller Industries stock for Q3 2017, up 16% quarter-over-quarter.
- 11 funds opened new Mueller Industries positions in Q3 2017 and 17 closed out, a net change of -6 holders.
- The largest Mueller Industries buyer in Q3 2017 was Victory Capital Management, an estimated $7.2M added.
- The largest Mueller Industries seller in Q3 2017 was Fidelity Investments, an estimated $8.39M sold.
Based on aggregated 13F filings for Q3 2017.