Miller Industries
MLR
84 hedge funds and large institutions have $195M invested in Miller Industries in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 11 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 21
1.36% less ownership
Funds ownership: 86.58% → 85.21% (-1.4%)
7% less funds holding
Funds holding: 90 → 84 (-6)
9% less capital invested
Capital invested by funds: $214M → $195M (-$19.1M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
+$2.68M |
| 2 |
State Street
Boston,
Massachusetts
|
+$941K |
| 3 |
Renaissance Technologies
New York
|
+$582K |
| 4 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$560K |
| 5 |
Morgan Stanley
New York
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.63M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$1.88M |
| 3 |
B
Bailard
Foster City,
California
|
-$1.68M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.4M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$496K |
MLR Hedge Fund Activity: Q1 2016 in Review
84 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q1 2016, worth a combined $195M — down 8.9% from $214M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MLR and 5 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 34 added.
The largest buyer was Walthausen & Co, adding an estimated $2.68M. The largest seller was Ameriprise, exiting entirely with an estimated $3.63M sold.
- 84 institutional investors held Miller Industries (MLR) as of Q1 2016, down from 90 in Q4 2015.
- Funds reported $195M of Miller Industries stock for Q1 2016, down 8.9% quarter-over-quarter.
- 5 funds opened new Miller Industries positions in Q1 2016 and 11 closed out, a net change of -6 holders.
- The largest Miller Industries buyer in Q1 2016 was Walthausen & Co, an estimated $2.68M added.
- The largest Miller Industries seller in Q1 2016 was Ameriprise, an estimated $3.63M sold.
Based on aggregated 13F filings for Q1 2016.