Mallinckrodt plc
MNK was delisted on the 25th of August, 2023.
44 hedge funds and large institutions have $75.2M invested in Mallinckrodt plc in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 11 closing their positions.
4% less funds holding
Funds holding: 46 → 44 (-2)
7% less capital invested
Capital invested by funds: $80.5M → $75.2M (-$5.27M)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$2.71M |
| 2 |
AFA
Alta Fundamental Advisers
New York
|
+$2.32M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.87M |
| 4 |
Goldman Sachs
New York
|
+$1.84M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.44M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.32M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.07M |
| 4 |
HPCM
Hein Park Capital Management
New York
|
-$1.26M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Prelude Capital Management
New York
| – | -$117K | -15,099 | Closed |
|
52
Millennium Management
New York
| – | -$94K | -12,149 | Closed |
|
53
Walleye Capital
New York
| – | -$86.3K | -11,136 | Closed |
|
54
Acadian Asset Management
Boston,
Massachusetts
| – | -$41K | -5,352 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$2K | -54 | Closed |
|
MNK Hedge Fund Activity: Q1 2023 in Review
44 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Mallinckrodt plc (MNK) for Q1 2023, worth a combined $75.2M — down 6.5% from $80.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MNK and 9 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $2.71M. The largest seller was Bank of Montreal, exiting entirely with an estimated $2.44M sold.
- 44 institutional investors held Mallinckrodt plc (MNK) as of Q1 2023, down from 46 in Q4 2022.
- Funds reported $75.2M of Mallinckrodt plc stock for Q1 2023, down 6.5% quarter-over-quarter.
- 9 funds opened new Mallinckrodt plc positions in Q1 2023 and 11 closed out, a net change of -2 holders.
- The largest Mallinckrodt plc buyer in Q1 2023 was Nomura Holdings, an estimated $2.71M added.
- The largest Mallinckrodt plc seller in Q1 2023 was Bank of Montreal, an estimated $2.44M sold.
Based on aggregated 13F filings for Q1 2023.