Miller Industries
MLR
86 hedge funds and large institutions have $268M invested in Miller Industries in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 21 reducing their positions, and 6 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 21
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $238M → $268M (+$29.8M)
5% more funds holding
Funds holding: 82 → 86 (+4)
0.19% less ownership
Funds ownership: 84.41% → 84.22% (-0.19%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$2.94M |
| 2 |
BlackRock
New York
|
+$2.05M |
| 3 |
AG
Algert Global
San Francisco,
California
|
+$2.05M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.66M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.26M |
| 2 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$4.35M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$2.51M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.2M |
| 5 |
Millennium Management
New York
|
-$1.39M |
MLR Hedge Fund Activity: Q3 2017 in Review
86 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q3 2017, worth a combined $268M — up 13% from $238M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MLR positions and 6 closed out — a net gain of 4 holders — while 39 added to existing stakes and 21 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $2.94M. The largest seller was Royce & Associates, cutting an estimated $6.26M.
- 86 institutional investors held Miller Industries (MLR) as of Q3 2017, up from 82 in Q2 2017.
- Funds reported $268M of Miller Industries stock for Q3 2017, up 13% quarter-over-quarter.
- 10 funds opened new Miller Industries positions in Q3 2017 and 6 closed out, a net change of +4 holders.
- The largest Miller Industries buyer in Q3 2017 was AJO LP, an estimated $2.94M added.
- The largest Miller Industries seller in Q3 2017 was Royce & Associates, an estimated $6.26M sold.
Based on aggregated 13F filings for Q3 2017.