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Miller Industries

76 hedge funds and large institutions have $180M invested in Miller Industries in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 24 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more capital invested

Capital invested by funds: $173M → $180M (+$6.52M)

4% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 24

1.01% less ownership

Funds ownership: 82.81%81.8% (-1%)

6% less funds holding

Funds holding: 8176 (-5)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
76
Holders Change
-5
Holders Change %
-6.17%
% of All Funds
2.2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
23
Reduced
24
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Hotchkis & Wiley Capital Management
1
Hotchkis & Wiley Capital Management
California
$32.6M +$168K +9,088 +0.5%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$18.1M -$21.1K -1,142 -0.1%
RA
3
Royce & Associates
New York
$16.8M +$2.82M +152,427 +22%
HCM
4
Huber Capital Management
California
$9.89M +$137K +7,410 +1%
Ameriprise
5
Ameriprise
Minnesota
$9.15M -$752K -40,600 -8%
Franklin Resources
6
Franklin Resources
California
$8.23M +$157K +8,500 +2%
BIT
7
BlackRock Institutional Trust
California
$7.9M +$182K +9,824 +2%
DRZID
8
DePrince Race & Zollo Inc (DRZ)
Florida
$7.21M +$2.76M +149,284 +68%
Northern Trust
9
Northern Trust
Illinois
$6.83M -$231K -12,480 -3%
BFA
10
BlackRock Fund Advisors
California
$6.19M +$53.2K +2,871 +0.9%
Vanguard Group
11
Vanguard Group
Pennsylvania
$5.69M +$53K +2,860 +1%
MOACM
12
Mutual of America Capital Management
New York
$5.24M
PCM
13
Perritt Capital Management
Illinois
$4.15M +$20.7K +1,118 +0.5%
State Street
14
State Street
Massachusetts
$3.48M +$148K +8,006 +5%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$2.99M -$28.7K -1,550 -1%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$2.85M
MDCM
17
Morgan Dempsey Capital Management
Wisconsin
$2.31M +$521K +28,161 +31%
Wells Fargo
18
Wells Fargo
California
$2.16M -$8.63K -466 -0.4%
RIL
19
Rothschild Investment LLC
Illinois
$2.16M -$33.3K -1,800 -2%
AR
20
Advisory Research
Illinois
$1.6M
BCM
21
Bridgeway Capital Management
Texas
$1.58M
CAM
22
Cubic Asset Management
Massachusetts
$1.45M -$987K -53,285 -42%
OCM
23
Olstein Capital Management
New York
$1.19M +$18.5K +1,000 +2%
Acadian Asset Management
24
Acadian Asset Management
Massachusetts
$1.09M
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$1.04M

MLR Hedge Fund Activity: Q1 2014 in Review

76 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q1 2014, worth a combined $180M — up 3.8% from $173M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of MLR and 3 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 23 added.

The largest buyer was Royce & Associates, adding an estimated $2.82M. The largest seller was CI Investments Inc, exiting entirely with an estimated $3.59M sold.

  • 76 institutional investors held Miller Industries (MLR) as of Q1 2014, down from 81 in Q4 2013.
  • Funds reported $180M of Miller Industries stock for Q1 2014, up 3.8% quarter-over-quarter.
  • 3 funds opened new Miller Industries positions in Q1 2014 and 8 closed out, a net change of -5 holders.
  • The largest Miller Industries buyer in Q1 2014 was Royce & Associates, an estimated $2.82M added.
  • The largest Miller Industries seller in Q1 2014 was CI Investments Inc, an estimated $3.59M sold.

Based on aggregated 13F filings for Q1 2014.