Mueller Industries
186 hedge funds and large institutions have $1.38B invested in Mueller Industries in 2020 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 68 increasing their positions, 71 reducing their positions, and 22 closing their positions.
9% more capital invested
Capital invested by funds: $1.27B → $1.38B (+$110M)
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
1% more funds holding
Funds holding: 185 → 186 (+1)
4% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 71
6.68% less ownership
Funds ownership: 372.09% → 365.41% (-6.7%)
35% less call options, than puts
Call options by funds: $428K | Put options by funds: $656K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
GCM
Gates Capital Management
New York
|
+$15.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.99M |
| 4 |
BlackRock
New York
|
+$3.3M |
| 5 |
Morgan Stanley
New York
|
+$2.98M |
Top Sellers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$34.9M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$11.4M |
| 3 |
Goldman Sachs
New York
|
-$4.94M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$4.24M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.13M |
MLI Hedge Fund Activity: Q2 2020 in Review
186 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q2 2020, worth a combined $1.38B — up 8.7% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MLI positions and 22 closed out — a net gain of 2 holders — while 68 added to existing stakes and 71 trimmed.
The largest buyer was Gates Capital Management, adding an estimated $15.3M. The largest seller was Victory Capital Management, cutting an estimated $34.9M.
- 186 institutional investors held Mueller Industries (MLI) as of Q2 2020, up from 185 in Q1 2020.
- Funds reported $1.38B of Mueller Industries stock for Q2 2020, up 8.7% quarter-over-quarter.
- 24 funds opened new Mueller Industries positions in Q2 2020 and 22 closed out, a net change of +2 holders.
- The largest Mueller Industries buyer in Q2 2020 was Gates Capital Management, an estimated $15.3M added.
- The largest Mueller Industries seller in Q2 2020 was Victory Capital Management, an estimated $34.9M sold.
Based on aggregated 13F filings for Q2 2020.