MYR Group
MYRG
132 hedge funds and large institutions have $527M invested in MYR Group in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 57 reducing their positions, and 24 closing their positions.
28% more capital invested
Capital invested by funds: $412M → $527M (+$115M)
2.6% more ownership
Funds ownership: 87.01% → 89.61% (+2.6%)
8% less funds holding
Funds holding: 143 → 132 (-11)
32% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 57
45% less call options, than puts
Call options by funds: $490K | Put options by funds: $895K
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$23.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$16.9M |
| 3 |
TAM
Third Avenue Management
New York
|
+$3.86M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.49M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.45M |
| 2 |
Renaissance Technologies
New York
|
-$4.05M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.19M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.38M |
| 5 |
Millennium Management
New York
|
-$1.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
151
Tower Research Capital (TRC)
New York
| – | -$50K | -1,727 | Closed |
|
|
FPS
152
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$28K | -978 | Closed |
|
|
CG
153
Cutler Group
San Francisco,
California
| – | -$8K | -295 | Closed |
|
|
CWM
154
Catamount Wealth Management
Westport,
Connecticut
| – | -$7K | -250 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$1K | -37 | Closed |
|
156
AssetMark Inc
Concord,
California
| – | +$166 | +5 | +250% |
|
MYRG Hedge Fund Activity: Q4 2017 in Review
132 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in MYR Group (MYRG) for Q4 2017, worth a combined $527M — up 28% from $412M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MYRG and 13 opened new positions — a net loss of 11 holders — while 57 trimmed existing stakes and 39 added.
The largest buyer was Victory Capital Management, adding an estimated $23.9M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $6.45M sold.
- 132 institutional investors held MYR Group (MYRG) as of Q4 2017, down from 143 in Q3 2017.
- Funds reported $527M of MYR Group stock for Q4 2017, up 28% quarter-over-quarter.
- 13 funds opened new MYR Group positions in Q4 2017 and 24 closed out, a net change of -11 holders.
- The largest MYR Group buyer in Q4 2017 was Victory Capital Management, an estimated $23.9M added.
- The largest MYR Group seller in Q4 2017 was Polar Asset Management Partners, an estimated $6.45M sold.
Based on aggregated 13F filings for Q4 2017.