MUELLER INDS INC MLI
COM · Common Stock · CUSIP 624756102
- SectorMaterials
- IndustryRolling Drawing & Extruding of Nonferrous Metals
- HeadquartersCollierville, TN
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($24.4m this quarter). Holder counts are more reliable. Shares outstanding: 113.6m as of 2024-04-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $53.96. Options: 6 managers hold calls ($3.3m notional), 4 hold puts ($5.4m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 297 |
| Q4 2022 | 327 |
| Q1 2023 | 339 |
| Q2 2023 | 371 |
| Q3 2023 | 359 |
| Q4 2023 | 382 |
| Q1 2024 | 417 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 168 | 132 |
| Q1 2023 | 166 | 165 |
| Q2 2023 | 183 | 161 |
| Q3 2023 | 165 | 190 |
| Q4 2023 | 161 | 185 |
| Q1 2024 | 193 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $10.1m | $3.7m | 0.37 |
| Q3 2023 | $3.0m | $7.6m | 2.50 |
| Q4 2023 | $4.1m | $6.8m | 1.66 |
| Q1 2024 | $3.3m | $5.4m | 1.63 |
Biggest buyers
| MORGAN STANLEY | Added | +1.3m |
| Pacer Advisors, Inc. | Added | +759.2k |
| Invesco Ltd. | Added | +161.0k |
| Ziegler Capital Management, LLC | Added | +157.4k |
| SEIZERT CAPITAL PARTNERS, LLC | Added | +151.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +138.5k |
| NEUBERGER BERMAN GROUP LLC | Added | +99.7k |
| ASSETMARK, INC | New | +95.8k |
| FIRST TRUST ADVISORS LP | Added | +89.5k |
| Empowered Funds, LLC | Added | +77.5k |
Biggest sellers
| Gates Capital Management, Inc. | Reduced | -943.8k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -367.5k |
| Brandywine Global Investment Management, LLC | Sold out | -362.8k |
| Allspring Global Investments Holdings, LLC | Reduced | -347.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -339.3k |
| GABELLI FUNDS LLC | Reduced | -260.1k |
| TWO SIGMA ADVISERS, LP | Reduced | -252.9k |
| Nuveen Asset Management, LLC | Reduced | -226.5k |
| GAMCO INVESTORS, INC. ET AL | Reduced | -206.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Reduced | -169.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.1m20.3k shares |
| PEAK6 Investments LLC | Added | $1.1m19.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $809.0k15.0k shares |
| SIMPLEX TRADING, LLC | Added | $269.0k5.0k shares |
| GROUP ONE TRADING LLC | Reduced | $37.8k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | Reduced | $4.3m80.2k shares |
| CITADEL ADVISORS LLC | Added | $566.3k10.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $463.8k8.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -4.0 pts · filed 2025-07-17 | 8.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 1 | $1.0k | 1 | $120.7k | — |
| Q3 2022 | 1 | $1.1k | 1 | $199.0k | — |
| Q4 2022 | 1 | $1.1k | 1 | $163.6k | — |
| Q1 2023 | 0 | — | 2 | $4.6m | — |
| Q2 2023 | 0 | — | 3 | $5.5m | — |
| Q3 2023 | 0 | — | 1 | $195.8k | — |
| Q4 2023 | 0 | — | 2 | $8.0m | $7.6m |
| Q1 2024 | 0 | — | 2 | $2.6m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-02-08 | Martin Jeffrey Andrew EVP, CFO & Treasurer | Sold | $2.3m47.3k shares |
| 2024-02-08 | HANSEN JOHN B Director · by a trust where his wife and children serve as beneficiaries | Sold | $246.7k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 18.5m $998.6m | Reduced -112.0k |
| VANGUARD GROUP INC 0.01% of their portfolio | 12.4m $666.5m | Added +59.1k |
| FIRST TRUST ADVISORS LP 0.31% of their portfolio | 5.7m $307.8m | Added +89.5k |
| Allspring Global Investments Holdings, LLC 0.40% of their portfolio | 4.7m $253.1m | Reduced -347.2k |
| MORGAN STANLEY 0.01% of their portfolio | 4.6m $250.4m | Added +1.3m |
| STATE STREET CORP 0.01% of their portfolio | 4.3m $234.5m | Added +54.5k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 4.2m $225.1m | Added +1.6k |
| GAMCO INVESTORS, INC. ET AL 1.99% of their portfolio | 3.6m $196.5m | Reduced -206.4k |
| Pacer Advisors, Inc. 0.45% of their portfolio | 3.6m $196.4m | Added +759.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.8m $153.2m | Added +53.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.5m $135.5m | Reduced -130.6k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.55% of their portfolio | 2.3m $125.3m | Added +11.4k |
| GABELLI FUNDS LLC 0.87% of their portfolio | 2.2m $118.7m | Reduced -260.1k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 2.0m $108.8m | Reduced -89.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 1.6m $85.5m | Reduced -80.8k |
| LSV ASSET MANAGEMENT 0.16% of their portfolio | 1.5m $78.4m | Added +18.3k |
| NORGES BANK 0.01% of their portfolio | 1.3m $71.8m | Added +67.3k |
| Rockefeller Capital Management L.P. 0.21% of their portfolio | 1.3m $70.3m | Reduced -48.4k |
| Invesco Ltd. 0.01% of their portfolio | 1.3m $68.3m | Added +161.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.2m $66.2m | Reduced -37.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $63.0m | Reduced -75.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $61.3m | Reduced -33.3k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 1.53% of their portfolio | 1.0m $54.7m | Reduced -33.9k |
| PALISADE CAPITAL MANAGEMENT, LP 1.42% of their portfolio | 999.5k $53.9m | Reduced -17.6k |
| FMR LLC 0.00% of their portfolio | 959.3k $51.7m | Added +10.9k |
| Gates Capital Management, Inc. 1.51% of their portfolio | 952.4k $51.4m | Reduced -943.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 747.6k $40.3m | Added +65.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 713.3k $38.5m | Reduced -5.1k |
| ROYCE & ASSOCIATES LP 0.33% of their portfolio | 695.5k $37.5m | Reduced -25.1k |
| Skandinaviska Enskilda Banken AB (publ) 0.18% of their portfolio | 680.2k $36.7m | Reduced -37.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 666.4k $35.9m | Added +52.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 627.0k $33.8m | Reduced -1.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 383.2k $20.7m | Reduced -226.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 381.7k $20.6m | Reduced -23.7k |
| BESSEMER GROUP INC 0.03% of their portfolio | 358.5k $19.3m | Added +23.5k |
| Vest Financial, LLC 0.50% of their portfolio | 350.6k $18.9m | Added +61.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 337.9k $18.2m | Reduced -7.4k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 323.1k $17.4m | Reduced -33.1k |
| Legal & General Group Plc 0.00% of their portfolio | 317.3k $17.1m | Added +1.8k |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 295.6k $15.4m | Reduced -7.7k |
| Ziegler Capital Management, LLC 0.58% of their portfolio | 281.1k $15.2m | Added +157.4k |
| Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio | 276.4k $20.0m | Reduced -367.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 272.5k $14.7m | Added +59.8k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.23% of their portfolio | 263.6k $14.2m | Reduced -13.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 261.6k $14.1m | Added +138.5k |
| Epoch Investment Partners, Inc. 0.06% of their portfolio | 236.4k $12.8m | Added +2.8k |
| Public Sector Pension Investment Board 0.09% of their portfolio | 232.7k $12.5m | Reduced -2.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 232.6k $12.5m | Added +27.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 231.2k $12.5m | Added +344 |
| SEIZERT CAPITAL PARTNERS, LLC 0.55% of their portfolio | 219.5k $11.8m | Added +151.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 214.9k $11.6m | Added +17.1k |
| Venturi Wealth Management, LLC 0.74% of their portfolio | 213.3k $11.5m | Reduced -2.3k |
| Swiss National Bank 0.01% of their portfolio | 212.6k $11.5m | Unchanged |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 208.9k $11.3m | Added +55.9k |
| BARLOW WEALTH PARTNERS, LLC 1.39% of their portfolio | 198.0k $10.2m | Reduced -143.1k |
| CONGRESS ASSET MANAGEMENT CO 0.08% of their portfolio | 195.7k $10.6m | Reduced -5.2k |
| Moran Wealth Management, LLC 0.34% of their portfolio | 194.6k $10.5m | Added +745 |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.44% of their portfolio | 194.2k $10.5m | Reduced -9 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.12% of their portfolio | 194.0k $10.5m | Reduced -35.2k |
| Caisse de depot et placement du Quebec 0.02% of their portfolio | 192.2k $10.4m | Added +68.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 188.2k $10.1m | Reduced -300 |
| Empowered Funds, LLC 0.09% of their portfolio | 188.0k $10.1m | Added +77.5k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 178.9k $9.6m | Added +99.7k |
| Perpetual Ltd 0.09% of their portfolio | 175.0k $9.4m | Added +15.5k |
| WINMILL & CO. INC 2.60% of their portfolio | 169.3k $9.1m | Unchanged |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.05% of their portfolio | 168.8k $9.1m | Added +9.7k |
| F&V Capital Management, LLC 2.66% of their portfolio | 167.2k $9.0m | Added +2.3k |
| Man Group plc 0.02% of their portfolio | 164.2k $8.9m | Added +21.7k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 155.4k $8.4m | Reduced -16.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 154.5k $8.3m | Reduced -339.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 144.6k $7.8m | Reduced -52.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 142.8k $7.7m | Reduced -30.8k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 138.2k $8.2m | Reduced -2.1k |
| WINTON GROUP Ltd 0.52% of their portfolio | 135.9k $7.3m | Reduced -12.9k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 131.6k $7.1m | Reduced -1.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 129.8k $7.0m | Reduced -223 |
| BARCLAYS PLC 0.00% of their portfolio | 129.0k $7.0m | Reduced -58.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 114.3k $6.2m | Added +4.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 110.7k $6.0m | Added +21.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 109.1k $5.9m | Reduced -6.3k |
| ALPS ADVISORS INC 0.04% of their portfolio | 108.1k $5.8m | Added +13.2k |
| TD Asset Management Inc 0.01% of their portfolio | 107.7k $5.8m | Added +18.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 106.7k $5.8m | Reduced -10.8k |
| PRUDENTIAL PLC 0.05% of their portfolio | 104.1k $5.6m | Reduced -14.8k |
| United Capital Management of KS, Inc. 1.25% of their portfolio | 101.3k $5.5m | Added +2.9k |
| MARTINGALE ASSET MANAGEMENT L P 0.11% of their portfolio | 99.7k $5.4m | Reduced -3.3k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 99.4k $5.4m | Added +1.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 99.1k $5.3m | Reduced -615 |
| Premier Fund Managers Ltd 0.21% of their portfolio | 99.0k $5.3m | Reduced -17.0k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 98.5k $5.3m | Reduced -2.7k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 97.7k $5.3m | Reduced -13.6k |
| ASSETMARK, INC 0.02% of their portfolio | 95.8k $5.2m | New |
| UBS Group AG 0.00% of their portfolio | 94.6k $5.1m | Reduced -8.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 94.4k $5.1m | Reduced -21.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 92.3k $5.0m | Added +4.5k |
| QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio | 91.0k $4.9m | Added +1.7k |
| CITIGROUP INC 0.01% of their portfolio | 88.7k $4.8m | Added +5.9k |
| ALGERT GLOBAL LLC 0.18% of their portfolio | 83.8k $4.5m | Reduced -34.9k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 78.9k $4.3m | Added +2.3k |
| ISTHMUS PARTNERS, LLC 0.47% of their portfolio | 77.4k $4.2m | Added +22.0k |