Miller Industries
MLR
88 hedge funds and large institutions have $197M invested in Miller Industries in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 29 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
14% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 29
6% more funds holding
Funds holding: 83 → 88 (+5)
0.55% less ownership
Funds ownership: 87.69% → 87.14% (-0.55%)
19% less capital invested
Capital invested by funds: $243M → $197M (-$45.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.85M |
| 2 |
Morgan Stanley
New York
|
+$1.33M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$962K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$961K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$942K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$2.73M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.07M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.64M |
| 4 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$1.27M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.11M |
MLR Hedge Fund Activity: Q2 2015 in Review
88 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q2 2015, worth a combined $197M — down 19% from $243M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MLR positions and 9 closed out — a net gain of 5 holders — while 33 added to existing stakes and 29 trimmed.
The largest buyer was THB Asset Management, opening a new position worth an estimated $1.85M. The largest seller was SG Capital Management, exiting entirely with an estimated $2.73M sold.
- 88 institutional investors held Miller Industries (MLR) as of Q2 2015, up from 83 in Q1 2015.
- Funds reported $197M of Miller Industries stock for Q2 2015, down 19% quarter-over-quarter.
- 14 funds opened new Miller Industries positions in Q2 2015 and 9 closed out, a net change of +5 holders.
- The largest Miller Industries buyer in Q2 2015 was THB Asset Management, an estimated $1.85M added.
- The largest Miller Industries seller in Q2 2015 was SG Capital Management, an estimated $2.73M sold.
Based on aggregated 13F filings for Q2 2015.