MillerKnoll
MLKN
218 hedge funds and large institutions have $1B invested in MillerKnoll in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 81 increasing their positions, 73 reducing their positions, and 33 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 73
9% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 33
1% more call options, than puts
Call options by funds: $933K | Put options by funds: $922K
0% more funds holding
Funds holding: 217 → 218 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.69% less ownership
Funds ownership: 93.25% → 89.56% (-3.7%)
31% less capital invested
Capital invested by funds: $1.44B → $1B (-$440M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$9.74M |
| 2 |
SI
Scharf Investments
Los Gatos,
California
|
+$9.57M |
| 3 |
Millennium Management
New York
|
+$7.93M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$6.98M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$89.5M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$33.2M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$18.4M |
| 4 |
JP Morgan Chase
New York
|
-$12.2M |
| 5 |
PFC
Poplar Forest Capital
Pasadena,
California
|
-$9.07M |
MLKN Hedge Fund Activity: Q2 2023 in Review
218 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in MillerKnoll (MLKN) for Q2 2023, worth a combined $1B — down 31% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MLKN positions and 33 closed out — a net gain of 3 holders — while 81 added to existing stakes and 73 trimmed.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $9.74M. The largest seller was Beutel, Goodman & Co, cutting an estimated $89.5M.
- 218 institutional investors held MillerKnoll (MLKN) as of Q2 2023, up from 217 in Q1 2023.
- Funds reported $1B of MillerKnoll stock for Q2 2023, down 31% quarter-over-quarter.
- 36 funds opened new MillerKnoll positions in Q2 2023 and 33 closed out, a net change of +3 holders.
- The largest MillerKnoll buyer in Q2 2023 was D.E. Shaw & Co, an estimated $9.74M added.
- The largest MillerKnoll seller in Q2 2023 was Beutel, Goodman & Co, an estimated $89.5M sold.
Based on aggregated 13F filings for Q2 2023.