Miller Industries
MLR
73 hedge funds and large institutions have $201M invested in Miller Industries in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 28 reducing their positions, and 6 closing their positions.
21% more capital invested
Capital invested by funds: $165M → $201M (+$35.5M)
1.05% less ownership
Funds ownership: 86.69% → 85.65% (-1%)
4% less funds holding
Funds holding: 76 → 73 (-3)
18% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 28
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$830K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$780K |
| 3 |
Morgan Stanley
New York
|
+$402K |
| 4 |
OCM
Olstein Capital Management
Purchase,
New York
|
+$280K |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$853K |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$840K |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$738K |
| 4 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$559K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$371K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BNP Paribas Financial Markets
Paris,
France
| – | -$12.7K | -752 | Closed |
|
77
Simplex Trading
Chicago,
Illinois
| – | +$19 | +1 | New |
|
MLR Hedge Fund Activity: Q4 2014 in Review
73 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q4 2014, worth a combined $201M — up 21% from $165M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MLR and 4 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 23 added.
The largest buyer was Royce & Associates, adding an estimated $830K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $853K sold.
- 73 institutional investors held Miller Industries (MLR) as of Q4 2014, down from 76 in Q3 2014.
- Funds reported $201M of Miller Industries stock for Q4 2014, up 21% quarter-over-quarter.
- 4 funds opened new Miller Industries positions in Q4 2014 and 6 closed out, a net change of -2 holders.
- The largest Miller Industries buyer in Q4 2014 was Royce & Associates, an estimated $830K added.
- The largest Miller Industries seller in Q4 2014 was Kennedy Capital Management, an estimated $853K sold.
Based on aggregated 13F filings for Q4 2014.