Miller Industries
MLR
119 hedge funds and large institutions have $300M invested in Miller Industries in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 50 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
3% more capital invested
Capital invested by funds: $291M → $300M (+$8.76M)
1% more funds holding
Funds holding: 118 → 119 (+1)
0.1% more ownership
Funds ownership: 85.81% → 85.92% (+0.1%)
40% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 50
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $312K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$8.05M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.42M |
| 3 |
DIS
Diversified Investment Strategies
Baton Rouge,
Louisiana
|
+$1.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$868K |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$828K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.33M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.07M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.42M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.25M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGM
126
Engineers Gate Manager
New York
| – | -$232K | -7,800 | Closed |
|
127
SG Americas Securities
New York
| – | -$177K | -5,960 | Closed |
|
|
PAG
128
Private Advisor Group
Morristown,
New Jersey
| – | -$8K | -275 | Closed |
|
129
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$4K | -145 | Closed |
|
|
PIMG
130
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$506 | -17 | Closed |
|
|
PS
131
Planned Solutions
Folsom,
California
| – | +$151 | +5 | New |
|
|
GWS
132
Glassman Wealth Services
Vienna,
Virginia
| – | +$421 | +14 | New |
|
MLR Hedge Fund Activity: Q3 2020 in Review
119 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q3 2020, worth a combined $300M — up 3% from $291M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MLR positions and 13 closed out — a net gain of 2 holders — while 30 added to existing stakes and 50 trimmed.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $8.05M. The largest seller was BlackRock, cutting an estimated $3.33M.
- 119 institutional investors held Miller Industries (MLR) as of Q3 2020, up from 118 in Q2 2020.
- Funds reported $300M of Miller Industries stock for Q3 2020, up 3% quarter-over-quarter.
- 15 funds opened new Miller Industries positions in Q3 2020 and 13 closed out, a net change of +2 holders.
- The largest Miller Industries buyer in Q3 2020 was Thrivent Financial for Lutherans, an estimated $8.05M added.
- The largest Miller Industries seller in Q3 2020 was BlackRock, an estimated $3.33M sold.
Based on aggregated 13F filings for Q3 2020.