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, 69 increasing their positions, 70 reducing their positions, and 21 closing their positions.
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
12% more capital invested
Capital invested by funds: $1.24B → $1.38B (+$144M)
3.19% more ownership
Funds ownership: 362.22% → 365.41% (+3.2%)
1% more funds holding
Funds holding: 184 → 186 (+2)
1% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 70
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
| Rank | Fund | Capital Flow |
|---|---|---|
| 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
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$11.4M |
| 2 |
Goldman Sachs
New York
|
-$4.94M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$4.24M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.13M |
| 5 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$4.08M |
MLI Hedge Fund Activity: Q2 2020 in Review
186 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q2 2020, worth a combined $1.38B — up 12% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MLI positions and 21 closed out — a net gain of 3 holders — while 69 added to existing stakes and 70 trimmed.
The largest buyer was Gates Capital Management, adding an estimated $15.3M. The largest seller was GAMCO Investors, cutting an estimated $11.4M.
- 186 institutional investors held Mueller Industries (MLI) as of Q2 2020, up from 184 in Q1 2020.
- Funds reported $1.38B of Mueller Industries stock for Q2 2020, up 12% quarter-over-quarter.
- 24 funds opened new Mueller Industries positions in Q2 2020 and 21 closed out, a net change of +3 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 GAMCO Investors, an estimated $11.4M sold.
Based on aggregated 13F filings for Q2 2020.