Wedge Capital Trims Stake in Mueller Industries

Investment firm reduces holdings in industrial products company by over 20%

Mar. 28, 2026 at 12:13pm

Got story updates? Submit your updates here. ›

Wedge Capital Management L L P NC, an institutional investor, reduced its stake in Mueller Industries, Inc. (NYSE:MLI) by 21.6% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 128,143 shares of the industrial products company's stock, valued at around $14.7 million.

Why it matters

This transaction provides insight into the investment strategy and portfolio adjustments of Wedge Capital, a prominent institutional investor. Changes in major shareholders' positions can signal broader market trends or shifts in sentiment around a particular stock.

The details

According to the 13F filing, Wedge Capital sold 35,395 shares of Mueller Industries during the fourth quarter. The firm now owns approximately 0.12% of the company's outstanding shares. Mueller Industries is an industrial products manufacturer serving a range of markets including HVAC, refrigeration, plumbing, and automotive.

  • Wedge Capital filed the 13F disclosure in the fourth quarter of 2026.

The players

Wedge Capital Management L L P NC

An institutional investment firm that has reduced its stake in Mueller Industries.

Mueller Industries, Inc.

An industrial products company that manufactures copper, brass, aluminum, and plastic products for various industries.

Got photos? Submit your photos here. ›

The takeaway

This transaction reflects Wedge Capital's portfolio adjustments, which could signal broader market trends or changes in sentiment around Mueller Industries. As a major shareholder, Wedge Capital's moves are worth monitoring for insights into the industrial products sector.