Miller Industries
MLR
116 hedge funds and large institutions have $279M invested in Miller Industries in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 49 reducing their positions, and 12 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.11% more ownership
Funds ownership: 86.33% → 86.44% (+0.11%)
0% more funds holding
Funds holding: 116 → 116 (0)
20% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 49
24% less capital invested
Capital invested by funds: $365M → $279M (-$86.6M)
100% less call options, than puts
Call options by funds: $2K | Put options by funds: $515K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$5.48M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.04M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$1.53M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.18M |
| 5 |
GIA
GHP Investment Advisors
Denver,
Colorado
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.84M |
| 2 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$1.65M |
| 3 |
BlackRock
New York
|
-$1.47M |
| 4 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$1.14M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
126
Tower Research Capital (TRC)
New York
| – | -$10K | -279 | Closed |
|
127
Simplex Trading
Chicago,
Illinois
| – | -$5.42K | -168 | Closed |
|
128
Osaic Holdings
Scottsdale,
Arizona
| – | +$194 | +6 | New |
|
MLR Hedge Fund Activity: Q1 2020 in Review
116 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q1 2020, worth a combined $279M — down 24% from $365M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MLR positions and 12 closed out — a net gain of 1 holder — while 39 added to existing stakes and 49 trimmed.
The largest buyer was Royce & Associates, adding an estimated $5.48M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $3.84M.
- 116 institutional investors held Miller Industries (MLR) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $279M of Miller Industries stock for Q1 2020, down 24% quarter-over-quarter.
- 13 funds opened new Miller Industries positions in Q1 2020 and 12 closed out, a net change of +1 holder.
- The largest Miller Industries buyer in Q1 2020 was Royce & Associates, an estimated $5.48M added.
- The largest Miller Industries seller in Q1 2020 was Hotchkis & Wiley Capital Management, an estimated $3.84M sold.
Based on aggregated 13F filings for Q1 2020.