Monro
MNRO
196 hedge funds and large institutions have $1.45B invested in Monro in 2017 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 80 increasing their positions, 59 reducing their positions, and 34 closing their positions.
298% more call options, than puts
Call options by funds: $4.08M | Put options by funds: $1.03M
36% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 59
1.23% less ownership
Funds ownership: 107.77% → 106.54% (-1.2%)
3% less funds holding
Funds holding: 202 → 196 (-6)
15% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 34
20% less capital invested
Capital invested by funds: $1.83B → $1.45B (-$375M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$59.5M |
| 2 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$50.4M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$22.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.5M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.7M |
| 2 |
DCM
Daruma Capital Management
New York
|
-$38.4M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$34.5M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$24M |
| 5 |
RA
Royce & Associates
New York
|
-$22.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIG
226
Bellwether Investment Group
Chattanooga,
Tennessee
| – | -$15K | -296 | Closed |
|
227
AssetMark Inc
Concord,
California
| – | -$15K | -294 | Closed |
|
|
FHA
228
First Horizon Advisors
Memphis,
Tennessee
| – | -$13K | -251 | Closed |
|
|
AA
229
Apriem Advisors
Irvine,
California
| – | -$2K | -44 | Closed |
|
MNRO Hedge Fund Activity: Q2 2017 in Review
196 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Monro (MNRO) for Q2 2017, worth a combined $1.45B — down 20% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of MNRO and 29 opened new positions — a net loss of 5 holders — while 59 trimmed existing stakes and 80 added.
The largest buyer was Wasatch Advisors, adding an estimated $59.5M. The largest seller was Wellington Management Group, exiting entirely with an estimated $40.7M sold.
- 196 institutional investors held Monro (MNRO) as of Q2 2017, down from 202 in Q1 2017.
- Funds reported $1.45B of Monro stock for Q2 2017, down 20% quarter-over-quarter.
- 29 funds opened new Monro positions in Q2 2017 and 34 closed out, a net change of -5 holders.
- The largest Monro buyer in Q2 2017 was Wasatch Advisors, an estimated $59.5M added.
- The largest Monro seller in Q2 2017 was Wellington Management Group, an estimated $40.7M sold.
Based on aggregated 13F filings for Q2 2017.