Penn Capital Management’s Mercer International MERC Stock Holding History

Penn Capital Management’s Portfolio MERC Stock Details MERC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-169,855	Closed	-$2.12M	–	279
2018 Q1	$2.12M	Sell	169,855 -49,296	-22%	-$666K	0.17%	155
2017 Q4	$3.13M	Sell	219,151 -73,697	-25%	-$1.01M	0.22%	128
2017 Q3	$3.47M	Buy	292,848 +13,266	+5%	+$149K	0.25%	118
2017 Q2	$3.21M	Buy	279,582 +25,063	+10%	+$290K	0.24%	111
2017 Q1	$2.98M	Sell	254,519 -167,452	-40%	-$1.97M	0.2%	131
2016 Q4	$4.49M	Sell	421,971 -3,887	-0.9%	-$35.2K	0.28%	121
2016 Q3	$3.61M	Buy	425,858 +153,402	+56%	+$1.28M	0.24%	124
2016 Q2	$2.17M	Buy	+272,456	New	+$2.41M	0.12%	169

Other funds holding MERC

IAT Reinsurance New York $310M AUM 13.37% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

GCM

Gates Capital Management New York $3.66B AUM 12.63% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

KCM

Knighthead Capital Management New York $1.52B AUM 19.8% 1-Year Est. Return

RCM

Redwood Capital Management New York $674M AUM 99.78% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Penn Capital Management's MERC Position: Q2 2018 in Review

Penn Capital Management sold out of Mercer International (MERC) in Q2 2018, closing a stake of 169,855 shares — an estimated $2.12M sold.

Penn Capital Management first reported a position in MERC in Q2 2016 and held it in 8 quarters. The position peaked at $4.49M in Q4 2016. 118 funds tracked by Wall St. Rank hold MERC as of Q2 2018.

Penn Capital Management reported no remaining Mercer International position as of Q2 2018 after selling out during the quarter.
Penn Capital Management sold 169,855 Mercer International shares in Q2 2018, an estimated $2.12M.
Penn Capital Management first reported a position in Mercer International in Q2 2016 and held it in 8 quarters.
Penn Capital Management's Mercer International position peaked at $4.49M in Q4 2016.
118 funds tracked by Wall St. Rank held Mercer International as of Q2 2018.

Based on Penn Capital Management's 13F filing for Q2 2018, filed 25 Jul 2018.