MillerKnoll
MLKN
243 hedge funds and large institutions have $1.59B invested in MillerKnoll in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 96 increasing their positions, 82 reducing their positions, and 38 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 82
0.59% more ownership
Funds ownership: 82.76% → 83.35% (+0.59%)
5% less funds holding
Funds holding: 256 → 243 (-13)
20% less capital invested
Capital invested by funds: $1.98B → $1.59B (-$392M)
24% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 38
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$13.8M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$10.8M |
| 4 |
BlackRock
New York
|
+$9.36M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$9.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$20.3M |
| 2 |
Renaissance Technologies
New York
|
-$10.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.9M |
| 4 |
CA
Claar Advisors
New York
|
-$8.01M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
276
Foresters Investment Management
New York
| – | -$137K | -3,417 | Closed |
|
|
IUHSA
277
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$99K | -2,480 | Closed |
|
|
WAM
278
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$12K | -294 | Closed |
|
|
STA
279
Summit Trail Advisors
New York
| – | -$10K | -234 | Closed |
|
280
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7K | -179 | Closed |
|
|
ST
281
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$4K | -95 | Closed |
|
MLKN Hedge Fund Activity: Q1 2018 in Review
243 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in MillerKnoll (MLKN) for Q1 2018, worth a combined $1.59B — down 20% from $1.98B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of MLKN and 29 opened new positions — a net loss of 9 holders — while 82 trimmed existing stakes and 96 added.
The largest buyer was American Century Companies, opening a new position worth an estimated $13.8M. The largest seller was Millennium Management, exiting entirely with an estimated $20.3M sold.
- 243 institutional investors held MillerKnoll (MLKN) as of Q1 2018, down from 256 in Q4 2017.
- Funds reported $1.59B of MillerKnoll stock for Q1 2018, down 20% quarter-over-quarter.
- 29 funds opened new MillerKnoll positions in Q1 2018 and 38 closed out, a net change of -9 holders.
- The largest MillerKnoll buyer in Q1 2018 was American Century Companies, an estimated $13.8M added.
- The largest MillerKnoll seller in Q1 2018 was Millennium Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2018.