MillerKnoll
MLKN
187 hedge funds and large institutions have $1.48B invested in MillerKnoll in 2014 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 15 closing their positions.
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
29% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 58
4% more funds holding
Funds holding: 180 → 187 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $1.51B → $1.48B (-$29.5M)
92% less call options, than puts
Call options by funds: $50K | Put options by funds: $614K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$14M |
| 2 |
FAM
Fred Alger Management
New York
|
+$13.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.3M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$11.3M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$9.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$26.9M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$24M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$16.5M |
| 4 |
JP Morgan Chase
New York
|
-$16.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$8.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OIA
201
Optimum Investment Advisors
Chicago,
Illinois
| – | -$24K | -800 | Closed |
|
202
Parallax Volatility Advisers
San Francisco,
California
| – | -$16K | -528 | Closed |
|
|
VNB
203
Valley National Bancorp
New York
| – | -$15K | -500 | Closed |
|
MLKN Hedge Fund Activity: Q3 2014 in Review
187 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in MillerKnoll (MLKN) for Q3 2014, worth a combined $1.48B — down 2% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MLKN positions and 15 closed out — a net gain of 8 holders — while 75 added to existing stakes and 58 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $14M. The largest seller was Bank of New York Mellon, cutting an estimated $26.9M.
- 187 institutional investors held MillerKnoll (MLKN) as of Q3 2014, up from 180 in Q2 2014.
- Funds reported $1.48B of MillerKnoll stock for Q3 2014, down 2% quarter-over-quarter.
- 23 funds opened new MillerKnoll positions in Q3 2014 and 15 closed out, a net change of +8 holders.
- The largest MillerKnoll buyer in Q3 2014 was Pzena Investment Management, an estimated $14M added.
- The largest MillerKnoll seller in Q3 2014 was Bank of New York Mellon, an estimated $26.9M sold.
Based on aggregated 13F filings for Q3 2014.