MYR Group
MYRG
140 hedge funds and large institutions have $430M invested in MYR Group in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 55 reducing their positions, and 10 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
11% more capital invested
Capital invested by funds: $386M → $430M (+$43.7M)
10% more funds holding
Funds holding: 127 → 140 (+13)
24% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$3.86M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.67M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$1.16M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$980K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$978K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.2M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$5.72M |
| 3 |
RA
Royce & Associates
New York
|
-$5.26M |
| 4 |
ECM
Engine Capital Management
New York
|
-$4.48M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$3.49M |
MYRG Hedge Fund Activity: Q1 2016 in Review
140 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in MYR Group (MYRG) for Q1 2016, worth a combined $430M — up 11% from $386M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MYRG positions and 10 closed out — a net gain of 13 holders — while 42 added to existing stakes and 55 trimmed.
The largest buyer was Cooper Creek Partners Management, adding an estimated $3.86M. The largest seller was Credit Suisse, cutting an estimated $10.2M.
- 140 institutional investors held MYR Group (MYRG) as of Q1 2016, up from 127 in Q4 2015.
- Funds reported $430M of MYR Group stock for Q1 2016, up 11% quarter-over-quarter.
- 23 funds opened new MYR Group positions in Q1 2016 and 10 closed out, a net change of +13 holders.
- The largest MYR Group buyer in Q1 2016 was Cooper Creek Partners Management, an estimated $3.86M added.
- The largest MYR Group seller in Q1 2016 was Credit Suisse, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2016.