Miller Industries
MLR
83 hedge funds and large institutions have $243M invested in Miller Industries in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 31 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
21% more capital invested
Capital invested by funds: $201M → $243M (+$41.6M)
14% more funds holding
Funds holding: 73 → 83 (+10)
2.04% more ownership
Funds ownership: 85.65% → 87.69% (+2%)
32% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$2.55M |
| 2 |
RA
Royce & Associates
New York
|
+$2.54M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$2.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.28M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.76M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.51M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.33M |
| 4 |
State Street
Boston,
Massachusetts
|
-$883K |
| 5 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$430K |
MLR Hedge Fund Activity: Q1 2015 in Review
83 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q1 2015, worth a combined $243M — up 21% from $201M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MLR positions and 5 closed out — a net gain of 10 holders — while 21 added to existing stakes and 31 trimmed.
The largest buyer was QV Investors, adding an estimated $2.55M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $3.76M.
- 83 institutional investors held Miller Industries (MLR) as of Q1 2015, up from 73 in Q4 2014.
- Funds reported $243M of Miller Industries stock for Q1 2015, up 21% quarter-over-quarter.
- 15 funds opened new Miller Industries positions in Q1 2015 and 5 closed out, a net change of +10 holders.
- The largest Miller Industries buyer in Q1 2015 was QV Investors, an estimated $2.55M added.
- The largest Miller Industries seller in Q1 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $3.76M sold.
Based on aggregated 13F filings for Q1 2015.