Miller Industries
MLR
79 hedge funds and large institutions have $157M invested in Miller Industries in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 7 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
12% more capital invested
Capital invested by funds: $140M → $157M (+$16.2M)
0.81% more ownership
Funds ownership: 81.29% → 82.1% (+0.81%)
4% less funds holding
Funds holding: 82 → 79 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.97M |
| 2 |
CCP
Centaur Capital Partners
Southlake,
Texas
|
+$1.32M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$967K |
| 4 |
Franklin Resources
San Mateo,
California
|
+$826K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$685K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$2.2M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$2.1M |
| 3 |
TPM
T2 Partners Management
New York
|
-$1.3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$247K |
| 5 |
BlackRock
New York
|
-$213K |
MLR Hedge Fund Activity: Q3 2013 in Review
79 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q3 2013, worth a combined $157M — up 12% from $140M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MLR and 4 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 32 added.
The largest buyer was Royce & Associates, adding an estimated $1.97M. The largest seller was LSV Asset Management, cutting an estimated $2.2M.
- 79 institutional investors held Miller Industries (MLR) as of Q3 2013, down from 82 in Q2 2013.
- Funds reported $157M of Miller Industries stock for Q3 2013, up 12% quarter-over-quarter.
- 4 funds opened new Miller Industries positions in Q3 2013 and 7 closed out, a net change of -3 holders.
- The largest Miller Industries buyer in Q3 2013 was Royce & Associates, an estimated $1.97M added.
- The largest Miller Industries seller in Q3 2013 was LSV Asset Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q3 2013.