MYR Group
MYRG
136 hedge funds and large institutions have $350M invested in MYR Group in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 58 reducing their positions, and 20 closing their positions.
3% less funds holding
Funds holding: 140 → 136 (-4)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
19% less capital invested
Capital invested by funds: $430M → $350M (-$79.9M)
41% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 58
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$5.08M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$3.34M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.82M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.22M |
| 5 |
Two Sigma Investments
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
-$18.8M |
| 2 |
RA
Royce & Associates
New York
|
-$15M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.75M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
-$6.49M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$5.01M |
MYRG Hedge Fund Activity: Q2 2016 in Review
136 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in MYR Group (MYRG) for Q2 2016, worth a combined $350M — down 19% from $430M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MYRG and 17 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 34 added.
The largest buyer was AJO LP, adding an estimated $5.08M. The largest seller was Engine Capital Management, exiting entirely with an estimated $18.8M sold.
- 136 institutional investors held MYR Group (MYRG) as of Q2 2016, down from 140 in Q1 2016.
- Funds reported $350M of MYR Group stock for Q2 2016, down 19% quarter-over-quarter.
- 17 funds opened new MYR Group positions in Q2 2016 and 20 closed out, a net change of -3 holders.
- The largest MYR Group buyer in Q2 2016 was AJO LP, an estimated $5.08M added.
- The largest MYR Group seller in Q2 2016 was Engine Capital Management, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2016.