Mueller Industries
381 hedge funds and large institutions have $5.1B invested in Mueller Industries in 2023 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 120 increasing their positions, 152 reducing their positions, and 31 closing their positions.
90% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 31
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more capital invested
Capital invested by funds: $4.08B → $5.1B (+$1.01B)
6% more funds holding
Funds holding: 358 → 381 (+23)
21% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 152
40% less call options, than puts
Call options by funds: $4.1M | Put options by funds: $6.81M
193.46% less ownership
Funds ownership: 383.83% → 190.36% (-193%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$37.3M |
| 2 |
BlackRock
New York
|
+$23.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$8.88M |
| 4 |
JP Morgan Chase
New York
|
+$8.4M |
| 5 |
Morgan Stanley
New York
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$20.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$18.8M |
| 3 |
AC
AltraVue Capital
Bellevue,
Washington
|
-$13.3M |
| 4 |
Goldman Sachs
New York
|
-$10.9M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$10.2M |
MLI Hedge Fund Activity: Q4 2023 in Review
381 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Mueller Industries (MLI) for Q4 2023, worth a combined $5.1B — up 25% from $4.08B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new MLI positions and 31 closed out — a net gain of 28 holders — while 120 added to existing stakes and 152 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $37.3M. The largest seller was Gates Capital Management, cutting an estimated $20.1M.
- 381 institutional investors held Mueller Industries (MLI) as of Q4 2023, up from 358 in Q3 2023.
- Funds reported $5.1B of Mueller Industries stock for Q4 2023, up 25% quarter-over-quarter.
- 59 funds opened new Mueller Industries positions in Q4 2023 and 31 closed out, a net change of +28 holders.
- The largest Mueller Industries buyer in Q4 2023 was Pacer Advisors, an estimated $37.3M added.
- The largest Mueller Industries seller in Q4 2023 was Gates Capital Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q4 2023.