Miller Industries
MLR
76 hedge funds and large institutions have $180M invested in Miller Industries in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 24 reducing their positions, and 8 closing their positions.
4% more capital invested
Capital invested by funds: $173M → $180M (+$6.52M)
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
1.01% less ownership
Funds ownership: 82.81% → 81.8% (-1%)
6% less funds holding
Funds holding: 81 → 76 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.82M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.76M |
| 3 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$521K |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
+$211K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$3.59M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$2.74M |
| 3 |
CAM
Cubic Asset Management
Boston,
Massachusetts
|
-$987K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$752K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$250K | -13,429 | Closed |
|
|
GMIM
77
General Motors Investment Management
New York
| – | -$210K | -11,270 | Closed |
|
78
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -500 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$4K | -232 | Closed |
|
80
BNP Paribas Financial Markets
Paris,
France
| – | -$2.68K | -144 | Closed |
|
|
OSAM
81
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -37 | Closed |
|
82
Bank of America
Charlotte,
North Carolina
| – | +$185 | +10 | New |
|
MLR Hedge Fund Activity: Q1 2014 in Review
76 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q1 2014, worth a combined $180M — up 3.8% from $173M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MLR and 3 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 23 added.
The largest buyer was Royce & Associates, adding an estimated $2.82M. The largest seller was CI Investments Inc, exiting entirely with an estimated $3.59M sold.
- 76 institutional investors held Miller Industries (MLR) as of Q1 2014, down from 81 in Q4 2013.
- Funds reported $180M of Miller Industries stock for Q1 2014, up 3.8% quarter-over-quarter.
- 3 funds opened new Miller Industries positions in Q1 2014 and 8 closed out, a net change of -5 holders.
- The largest Miller Industries buyer in Q1 2014 was Royce & Associates, an estimated $2.82M added.
- The largest Miller Industries seller in Q1 2014 was CI Investments Inc, an estimated $3.59M sold.
Based on aggregated 13F filings for Q1 2014.