Miller Industries
MLR
125 hedge funds and large institutions have $389M invested in Miller Industries in 2023 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 7 closing their positions.
257% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 7
16% more funds holding
Funds holding: 108 → 125 (+17)
11% more capital invested
Capital invested by funds: $351M → $389M (+$38.4M)
2.22% more ownership
Funds ownership: 78.17% → 80.39% (+2.2%)
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.66M |
| 2 |
BlackRock
New York
|
+$2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.78M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$1.63M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MOACM
Mutual of America Capital Management
New York
|
-$3.57M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.31M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.17M |
| 4 |
RA
Royce & Associates
New York
|
-$1.16M |
| 5 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
-$747K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.17M | -29,882 | Closed |
|
127
Simplex Trading
Chicago,
Illinois
| – | -$168K | -4,303 | Closed |
|
|
WTG
128
West Tower Group
Richmond,
Virginia
| – | -$3.49K | -89 | Closed |
|
129
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$2.95K | -75 | Closed |
|
130
Group One Trading
Chicago,
Illinois
| – | -$2K | -51 | Closed |
|
|
UB
131
UMB Bank
Kansas City,
Missouri
| – | -$2K | -51 | Closed |
|
|
VWM
132
Venturi Wealth Management
Austin,
Texas
| – | -$1.53K | -39 | Closed |
|
MLR Hedge Fund Activity: Q4 2023 in Review
125 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q4 2023, worth a combined $389M — up 11% from $351M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MLR positions and 7 closed out — a net gain of 18 holders — while 36 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.66M. The largest seller was Mutual of America Capital Management, cutting an estimated $3.57M.
- 125 institutional investors held Miller Industries (MLR) as of Q4 2023, up from 108 in Q3 2023.
- Funds reported $389M of Miller Industries stock for Q4 2023, up 11% quarter-over-quarter.
- 25 funds opened new Miller Industries positions in Q4 2023 and 7 closed out, a net change of +18 holders.
- The largest Miller Industries buyer in Q4 2023 was Morgan Stanley, an estimated $4.66M added.
- The largest Miller Industries seller in Q4 2023 was Mutual of America Capital Management, an estimated $3.57M sold.
Based on aggregated 13F filings for Q4 2023.