MYR Group
MYRG
234 hedge funds and large institutions have $1.86B invested in MYR Group in 2023 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 73 increasing their positions, 82 reducing their positions, and 26 closing their positions.
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
51% more capital invested
Capital invested by funds: $1.23B → $1.86B (+$630M)
6% more funds holding
Funds holding: 221 → 234 (+13)
0.86% more ownership
Funds ownership: 87.13% → 88% (+0.86%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 82
63% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $4.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$10.2M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$7.81M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.27M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.25M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$11.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$11.8M |
| 3 |
Millennium Management
New York
|
-$5.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.27M |
| 5 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$4.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWS
251
Paragon Wealth Strategies
Jacksonville,
Florida
| – | -$49.7K | -540 | Closed |
|
|
SWA
252
Sutton Wealth Advisors
Tampa,
Florida
| – | -$39.4K | -428 | Closed |
|
|
PMEF
253
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$26.8K | -291 | Closed |
|
|
IA
254
IFP Advisors
Tampa,
Florida
| – | -$5K | -250 | Closed |
|
|
FCB
255
First Command Bank
Fort Worth,
Texas
| – | -$14K | -150 | Closed |
|
|
FCFS
256
First Command Financial Services
Fort Worth,
Texas
| – | -$14K | -150 | Closed |
|
257
Rockefeller Capital Management
New York
| – | -$9K | -108 | Closed |
|
|
FGAM
258
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1.19K | -92 | Closed |
|
|
TWP
259
TFO Wealth Partners
Maumee,
Ohio
| – | -$3.4K | -32 | Closed |
|
|
USCWA
260
U.S. Capital Wealth Advisors
Austin,
Texas
| – | -$460 | -5 | Closed |
|
MYRG Hedge Fund Activity: Q1 2023 in Review
234 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in MYR Group (MYRG) for Q1 2023, worth a combined $1.86B — up 51% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new MYRG positions and 26 closed out — a net gain of 17 holders — while 73 added to existing stakes and 82 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $10.2M. The largest seller was Verition Fund Management, exiting entirely with an estimated $11.9M sold.
- 234 institutional investors held MYR Group (MYRG) as of Q1 2023, up from 221 in Q4 2022.
- Funds reported $1.86B of MYR Group stock for Q1 2023, up 51% quarter-over-quarter.
- 43 funds opened new MYR Group positions in Q1 2023 and 26 closed out, a net change of +17 holders.
- The largest MYR Group buyer in Q1 2023 was Assenagon Asset Management, an estimated $10.2M added.
- The largest MYR Group seller in Q1 2023 was Verition Fund Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2023.