Mallinckrodt plc
MNK was delisted on the 25th of August, 2023.
35 hedge funds and large institutions have $12.4M invested in Mallinckrodt plc in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 17 closing their positions.
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
20% less funds holding
Funds holding: 44 → 35 (-9)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
84% less capital invested
Capital invested by funds: $75.2M → $12.4M (-$62.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
Alta Fundamental Advisers
New York
|
+$4.32M |
| 2 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
+$2.77M |
| 3 |
TSC
Two Seas Capital
Rye,
New York
|
+$2.02M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$252K |
| 5 |
State Street
Boston,
Massachusetts
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.16M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$2.47M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.71M |
| 4 |
JP Morgan Chase
New York
|
-$1.3M |
| 5 |
HPCM
Hein Park Capital Management
New York
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| – | -$4.79K | -657 | Closed |
|
52
Osaic Holdings
Scottsdale,
Arizona
| – | -$139 | -19 | Closed |
|
MNK Hedge Fund Activity: Q2 2023 in Review
35 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Mallinckrodt plc (MNK) for Q2 2023, worth a combined $12.4M — down 84% from $75.2M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MNK and 8 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Alta Fundamental Advisers, adding an estimated $4.32M. The largest seller was Federated Hermes, exiting entirely with an estimated $5.16M sold.
- 35 institutional investors held Mallinckrodt plc (MNK) as of Q2 2023, down from 44 in Q1 2023.
- Funds reported $12.4M of Mallinckrodt plc stock for Q2 2023, down 84% quarter-over-quarter.
- 8 funds opened new Mallinckrodt plc positions in Q2 2023 and 17 closed out, a net change of -9 holders.
- The largest Mallinckrodt plc buyer in Q2 2023 was Alta Fundamental Advisers, an estimated $4.32M added.
- The largest Mallinckrodt plc seller in Q2 2023 was Federated Hermes, an estimated $5.16M sold.
Based on aggregated 13F filings for Q2 2023.