Mueller Industries
358 hedge funds and large institutions have $4.08B invested in Mueller Industries in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 130 increasing their positions, 143 reducing their positions, and 45 closing their positions.
1.38% more ownership
Funds ownership: 382.45% → 383.83% (+1.4%)
9% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 143
3% less funds holding
Funds holding: 369 → 358 (-11)
13% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 45
14% less capital invested
Capital invested by funds: $4.76B → $4.08B (-$675M)
60% less call options, than puts
Call options by funds: $3.04M | Put options by funds: $7.62M
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$33M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$31.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$26.7M |
| 4 |
BlackRock
New York
|
+$11.7M |
| 5 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.4M |
| 2 |
Goldman Sachs
New York
|
-$28.2M |
| 3 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$14.5M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$14.1M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$10.5M |
MLI Hedge Fund Activity: Q3 2023 in Review
358 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q3 2023, worth a combined $4.08B — down 14% from $4.76B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of MLI and 39 opened new positions — a net loss of 6 holders — while 143 trimmed existing stakes and 130 added.
The largest buyer was Gates Capital Management, adding an estimated $33M. The largest seller was Fidelity Investments, cutting an estimated $33.4M.
- 358 institutional investors held Mueller Industries (MLI) as of Q3 2023, down from 369 in Q2 2023.
- Funds reported $4.08B of Mueller Industries stock for Q3 2023, down 14% quarter-over-quarter.
- 39 funds opened new Mueller Industries positions in Q3 2023 and 45 closed out, a net change of -6 holders.
- The largest Mueller Industries buyer in Q3 2023 was Gates Capital Management, an estimated $33M added.
- The largest Mueller Industries seller in Q3 2023 was Fidelity Investments, an estimated $33.4M sold.
Based on aggregated 13F filings for Q3 2023.