Miller Industries
MLR
117 hedge funds and large institutions have $451M invested in Miller Industries in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 51 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
23% more capital invested
Capital invested by funds: $368M → $451M (+$83.2M)
5% more funds holding
Funds holding: 111 → 117 (+6)
0.87% more ownership
Funds ownership: 84.73% → 85.6% (+0.87%)
39% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 51
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$8.72M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$5.78M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.68M |
| 4 |
BlackRock
New York
|
+$3.33M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.39M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$3.03M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
-$2.67M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.99M |
| 5 |
Renaissance Technologies
New York
|
-$1.75M |
MLR Hedge Fund Activity: Q1 2021 in Review
117 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Miller Industries (MLR) for Q1 2021, worth a combined $451M — up 23% from $368M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MLR positions and 10 closed out — a net gain of 7 holders — while 31 added to existing stakes and 51 trimmed.
The largest buyer was Royce & Associates, adding an estimated $8.72M. The largest seller was Wells Fargo, cutting an estimated $4.39M.
- 117 institutional investors held Miller Industries (MLR) as of Q1 2021, up from 111 in Q4 2020.
- Funds reported $451M of Miller Industries stock for Q1 2021, up 23% quarter-over-quarter.
- 17 funds opened new Miller Industries positions in Q1 2021 and 10 closed out, a net change of +7 holders.
- The largest Miller Industries buyer in Q1 2021 was Royce & Associates, an estimated $8.72M added.
- The largest Miller Industries seller in Q1 2021 was Wells Fargo, an estimated $4.39M sold.
Based on aggregated 13F filings for Q1 2021.