MillerKnoll
MLKN
180 hedge funds and large institutions have $1.51B invested in MillerKnoll in 2014 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 43 increasing their positions, 78 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
5% more funds holding
Funds holding: 171 → 180 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $1.6B → $1.51B (-$85.2M)
45% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 78
45% less call options, than puts
Call options by funds: $526K | Put options by funds: $964K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$19.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$17M |
| 3 |
FAM
Fred Alger Management
New York
|
+$12.5M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$8.47M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$76.1M |
| 2 |
Bank of New York Mellon
New York
|
-$19.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$9.37M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$6.97M |
| 5 |
JP Morgan Chase
New York
|
-$5.46M |
MLKN Hedge Fund Activity: Q2 2014 in Review
180 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in MillerKnoll (MLKN) for Q2 2014, worth a combined $1.51B — down 5.3% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new MLKN positions and 17 closed out — a net gain of 10 holders — while 43 added to existing stakes and 78 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $19.7M. The largest seller was Suntrust Banks, cutting an estimated $76.1M.
- 180 institutional investors held MillerKnoll (MLKN) as of Q2 2014, up from 171 in Q1 2014.
- Funds reported $1.51B of MillerKnoll stock for Q2 2014, down 5.3% quarter-over-quarter.
- 27 funds opened new MillerKnoll positions in Q2 2014 and 17 closed out, a net change of +10 holders.
- The largest MillerKnoll buyer in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $19.7M added.
- The largest MillerKnoll seller in Q2 2014 was Suntrust Banks, an estimated $76.1M sold.
Based on aggregated 13F filings for Q2 2014.