Miller Industries
MLR
76 hedge funds and large institutions have $165M invested in Miller Industries in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 7 closing their positions.
1.76% more ownership
Funds ownership: 84.93% → 86.69% (+1.8%)
1% less funds holding
Funds holding: 77 → 76 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
16% less capital invested
Capital invested by funds: $197M → $165M (-$31.9M)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.52M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$1.95M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.54M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$941K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.02M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.15M |
| 3 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$780K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$289K |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$281K |
MLR Hedge Fund Activity: Q3 2014 in Review
76 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q3 2014, worth a combined $165M — down 16% from $197M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MLR and 6 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 22 added.
The largest buyer was Royce & Associates, adding an estimated $3.52M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $3.02M sold.
- 76 institutional investors held Miller Industries (MLR) as of Q3 2014, down from 77 in Q2 2014.
- Funds reported $165M of Miller Industries stock for Q3 2014, down 16% quarter-over-quarter.
- 6 funds opened new Miller Industries positions in Q3 2014 and 7 closed out, a net change of -1 holder.
- The largest Miller Industries buyer in Q3 2014 was Royce & Associates, an estimated $3.52M added.
- The largest Miller Industries seller in Q3 2014 was T. Rowe Price Associates, an estimated $3.02M sold.
Based on aggregated 13F filings for Q3 2014.