Mueller Industries
184 hedge funds and large institutions have $1.54B invested in Mueller Industries in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 70 reducing their positions, and 36 closing their positions.
138% more call options, than puts
Call options by funds: $152K | Put options by funds: $64K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.18% less ownership
Funds ownership: 373.6% → 372.42% (-1.2%)
7% less capital invested
Capital invested by funds: $1.66B → $1.54B (-$114M)
10% less funds holding
Funds holding: 205 → 184 (-21)
24% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 70
47% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$28.9M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$14.7M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.42M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$3.25M |
| 5 |
Morgan Stanley
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.5M |
| 2 |
RA
Royce & Associates
New York
|
-$8.38M |
| 3 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$7.14M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
-$6.74M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$4.47M |
MLI Hedge Fund Activity: Q2 2019 in Review
184 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q2 2019, worth a combined $1.54B — down 6.9% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of MLI and 19 opened new positions — a net loss of 17 holders — while 70 trimmed existing stakes and 53 added.
The largest buyer was Gates Capital Management, opening a new position worth an estimated $28.9M. The largest seller was Fidelity Investments, cutting an estimated $16.5M.
- 184 institutional investors held Mueller Industries (MLI) as of Q2 2019, down from 205 in Q1 2019.
- Funds reported $1.54B of Mueller Industries stock for Q2 2019, down 6.9% quarter-over-quarter.
- 19 funds opened new Mueller Industries positions in Q2 2019 and 36 closed out, a net change of -17 holders.
- The largest Mueller Industries buyer in Q2 2019 was Gates Capital Management, an estimated $28.9M added.
- The largest Mueller Industries seller in Q2 2019 was Fidelity Investments, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2019.