MaxLinear
114 hedge funds and large institutions have $168M invested in MaxLinear in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 18 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
0.24% more ownership
Funds ownership: 82.17% → 82.42% (+0.24%)
4% less funds holding
Funds holding: 119 → 114 (-5)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
29% less capital invested
Capital invested by funds: $235M → $168M (-$67.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
60% less call options, than puts
Call options by funds: $27K | Put options by funds: $68K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$7.47M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.73M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$4.05M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$3.98M |
| 5 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$7.66M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$4.37M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.05M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$3.82M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCMH
126
Cornerstone Capital Management Holdings
New York
| – | -$155K | -15,400 | Closed |
|
|
RCM
127
Rotella Capital Management
Bellevue,
Washington
| – | -$139K | -13,777 | Closed |
|
128
US Bancorp
Minneapolis,
Minnesota
| – | -$89K | -8,836 | Closed |
|
129
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$33K | -3,300 | Closed |
|
|
VFA
130
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$24K | -2,376 | Closed |
|
|
TC
131
Travelers Companies
Saint Paul,
Minnesota
| – | -$21K | -2,094 | Closed |
|
132
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -140 | Closed |
|
MXL Hedge Fund Activity: Q3 2014 in Review
114 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in MaxLinear (MXL) for Q3 2014, worth a combined $168M — down 29% from $235M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MXL and 13 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 45 added.
The largest buyer was Royce & Associates, adding an estimated $7.47M. The largest seller was Cortina Asset Management, cutting an estimated $7.66M.
- 114 institutional investors held MaxLinear (MXL) as of Q3 2014, down from 119 in Q2 2014.
- Funds reported $168M of MaxLinear stock for Q3 2014, down 29% quarter-over-quarter.
- 13 funds opened new MaxLinear positions in Q3 2014 and 18 closed out, a net change of -5 holders.
- The largest MaxLinear buyer in Q3 2014 was Royce & Associates, an estimated $7.47M added.
- The largest MaxLinear seller in Q3 2014 was Cortina Asset Management, an estimated $7.66M sold.
Based on aggregated 13F filings for Q3 2014.