Miller Industries
MLR
79 hedge funds and large institutions have $254M invested in Miller Industries in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 35 reducing their positions, and 10 closing their positions.
1,570% more call options, than puts
Call options by funds: $618K | Put options by funds: $37K
15% more capital invested
Capital invested by funds: $220M → $254M (+$33.9M)
0.8% less ownership
Funds ownership: 85.48% → 84.68% (-0.8%)
1% less funds holding
Funds holding: 80 → 79 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
40% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 35
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.82M |
| 2 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$1.49M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.28M |
| 4 |
Morgan Stanley
New York
|
+$833K |
| 5 |
JP Morgan Chase
New York
|
+$573K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| $7K | – | – | – |
|
77
Bessemer Group
Woodbridge,
New Jersey
| $4K | +$3.47K | +142 | New |
|
|
DA
78
Denali Advisors
San Diego,
California
| $2K | +$1.88K | +77 | New |
|
79
Barclays
London,
United Kingdom
| $1K | -$2.49K | -102 | -74% |
|
|
BIP
80
Brandes Investment Partners
La Jolla,
California
| – | -$667K | -29,271 | Closed |
|
|
WSFS
81
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$355K | -15,620 | Closed |
|
82
Acadian Asset Management
Boston,
Massachusetts
| – | -$145K | -6,384 | Closed |
|
83
Asset Management One
Tokyo,
Japan
| – | -$145K | -6,384 | Closed |
|
84
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$43K | -1,900 | Closed |
|
|
WIC
85
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$9K | -400 | Closed |
|
|
SO
86
STRS Ohio
Columbus,
Ohio
| – | -$6K | -268 | Closed |
|
|
BJ
87
BlackRock Japan
Tokyo,
Japan
| – | -$3K | -118 | Closed |
|
88
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -100 | Closed |
|
89
Simplex Trading
Chicago,
Illinois
| – | -$1.02K | -42 | Closed |
|
MLR Hedge Fund Activity: Q4 2016 in Review
79 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q4 2016, worth a combined $254M — up 15% from $220M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MLR and 9 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 21 added.
The largest buyer was Vanguard Group, adding an estimated $3.82M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $4.99M.
- 79 institutional investors held Miller Industries (MLR) as of Q4 2016, down from 80 in Q3 2016.
- Funds reported $254M of Miller Industries stock for Q4 2016, up 15% quarter-over-quarter.
- 9 funds opened new Miller Industries positions in Q4 2016 and 10 closed out, a net change of -1 holder.
- The largest Miller Industries buyer in Q4 2016 was Vanguard Group, an estimated $3.82M added.
- The largest Miller Industries seller in Q4 2016 was Hotchkis & Wiley Capital Management, an estimated $4.99M sold.
Based on aggregated 13F filings for Q4 2016.