MPT ranks #1195 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
MPT is a top-conviction position for Wilsey Asset Management Inc — at 5.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in MPT belongs to California State Teachers Retirement System, but the position matters far more to Wilsey Asset Management Inc, who has 5.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
California State Teachers Retirement System has added to its MPT position for two straight quarters, increasing it by $580.4M to reach $582.8M today.
BlackRock has trimmed its MPT position for two straight quarters, cutting it by $31.4M while still holding $347.7M.
MPT is up 0.7% today, and institutions have been net buyers of $185.7M this quarter — today's price move and the underlying institutional flow are pointing the same direction.