SecurityMIK / Michaels Companies Inc. (The)
InstitutionPineBridge Investments, L.P.
Shares5,095
Value $ 123,000

PineBridge Investments, L.P. reports 50.82% decrease in ownership of MIK / Michaels Companies Inc. (The)

February 08, 2018 - PineBridge Investments, L.P. has filed a 13F-HR form disclosing ownership of 5,095 shares of Michaels Companies Inc. (The) (NASDAQ:MIK) with total holdings valued at $123,000 USD as of December 31, 2017. PineBridge Investments, L.P. had filed a previous 13F-HR on November 13, 2017 disclosing 10,360 shares of Michaels Companies Inc. (The) at a value of $222,000 USD. This represents a change in shares of -50.82 percent and a change in value of -44.59 percent during the quarter.

Other investors with positions similar to PineBridge Investments, L.P. include Cantab Capital Partners LLP, Fuller & Thaler Asset Management, Inc., Ladenburg Thalmann Financial Services Inc, Advisor Group, Inc., Pacad Investment Ltd., and AlphaOne Investment Services, LLC.

Michaels Companies, Inc. has declared a standard industrial code (sic) of 5945 which is the "Hobby, Toy, and Game Shops" industry. PineBridge Investments, L.P.'s top industries are "Amusement And Recreation Services" (sic 79), "Social Services" (sic 83), and "Agricultural Services" (sic 07).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2017-12-31 13F-HR MICHAELS COS INC COM COM 59408Q106 22.78 5,095 -50.82 123 -44.59 -120 21 9.44
2017-09-30 13F-HR MICHAELS COS INC COM COM 59408Q106 19.97 10,360 54.63 222 79.03 73 25 20.09
2017-06-30 13F-HR MICHAELS COS INC COM COM 59408Q106 6,700 124

Related SEC Filings

MIK / Michaels Companies Inc. (The) / PRICE T ROWE ASSOCIATES INC /MD/ - 3G/A (Passive Investment)

2018-02-14 sec.gov
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) MICHAELS COS INC (Name of Issuer) COMMON STOCK (Title of Class of Securities) 59408Q106 (CUSIP NUMBER) December 31, 2017 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1.

MIK / Michaels Companies Inc. (The) / PRICE T ROWE ASSOCIATES INC /MD/ - 3G/A (Passive Investment)

2018-02-14 sec.gov
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) MICHAELS COS INC (Name of Issuer) COMMON STOCK (Title of Class of Securities) 59408Q106 (CUSIP NUMBER) December 31, 2017 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1.

MIK / Michaels Companies Inc. (The) / HIGHFIELDS CAPITAL MANAGEMENT LP - FORM SC 13G/A (Passive Investment)

2018-02-15 sec.gov
Highfields Capital Management LP: Schedule 13G/A - Filed by newsfilecorp.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1)* THE MICHAELS COMPANIES, INC. (Name of Issuer) COMMON STOCK, $0.06775 PAR VALUE (Title of Class of Securities) 59408Q106 (CUSIP Number) DECEMBER 31, 2017 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which

MIK / Michaels Companies Inc. (The) / HIGHFIELDS CAPITAL MANAGEMENT LP - FORM SC 13G/A (Passive Investment)

2018-02-16 sec.gov
Highfields Capital Management LP: Schedule 13G/A - Filed by newsfilecorp.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1)* THE MICHAELS COMPANIES, INC. (Name of Issuer) COMMON STOCK, $0.06775 PAR VALUE (Title of Class of Securities) 59408Q106 (CUSIP Number) DECEMBER 31, 2017 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which

MIK / Michaels Companies Inc. (The) / BlackRock Inc. - 3G (Passive Investment)

2018-02-01 sec.gov
us59408q1067_013118.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: ) MICHAELS COMPANIES, INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 59408Q106 -------------------------------------------------------- (CUSIP Number) December 31, 2017 -----------------------------------------------

Related News Stories

Tracking Larry Robbins' Glenview Capital Management Portfolio - Q4 2017 Update

2018-02-24 seekingalpha
Glenview Capital Management's 13F portfolio value increased from $17.23B to $18.50B this quarter. The number of positions increased from 56 to 58. (853-1)

Soft Sales to Impact Big 5 Sporting's (BGFV) Q4 Earnings

2018-02-21 zacks
Big 5 Sporting Goods Corporation (BGFV - Free Report) is slated to release fourth-quarter  2017 results on Feb 27. The question lingering in investors’ minds is whether this sporting goods company will be able to deliver a positive earnings surprise in the quarter to be reported. (13-0)

Michaels pays $1.5 mln to U.S. Justice Dept in vase settlement

2018-02-13 reuters
WASHINGTON, Feb 13 (Reuters) - Michaels Companies Inc. has agreed to pay $1.5 million in a settlement with the U.S. Justice Department, the bureau announced on Tuesday, after allegations that the craft supply retailer did not report information in a timely manner to the Consumer Product Safety Commission about a large glass vase that injured customers. (1-0)

China’s small banks face uncertainties under new debt rules

2018-01-31 themalaymailonline
Bank of Jilin — Wikipedia Commons picSHANGHAI, Jan 31 — Three years ago, China's Bank of Jilin transformed its business strategy and began to gorge on debt. With a presence in just two provinces in northeast China, its favoured borrowing was short-term loans from other banks.

Michaels Is Going A Lot Higher In 2018

2018-01-26 seekingalpha
The stock has rallied big in the past couple of months, but it is still very cheap. (1-0)

LPC: US CLOs may see record year as investors seek interest-rate hedge

2018-01-10 reuters
NEW YORK, Jan 10 (Reuters) - The US Collateralized Loan Obligation (CLO) market may be heading for a record year in 2018 as investors seek floating-rate assets as a hedge to rising interest rates. (28-0)

PSP / PowerShares Exchange-Trade Fund Trust - Stock Institutional Ownership and Shareholders - Fintel.io

2018-01-10 fintel.io
PowerShares Exchange-Trade Fund Trust (NYSE:PSP) has 71 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 12,075,178 shares. Largest shareholders include Wells Fargo & Company/mn, PineBridge Investments, L.P., Amerivest Investment Management LLC, Morgan Stanley, Bank Of America Corp /de/, Beacon Capital Management, Inc. (162-0)

Emerging markets sailed through storms in 2017. What next?

2018-01-03 bworldonline
LONDON — After a year of double-digit returns, one of the key questions for emerging markets in 2018 is whether they will continue to be insulated from one another’s crises. (1-0)

Analysis: Emerging markets sailed through storms in 2017. What next?

2018-01-02 in.reuters
LONDON (Reuters) - After a year of double-digit returns, one of the key questions for emerging markets in 2018 is whether they will continue to be insulated from one another’s crises.




CUSIP: 59408Q106