FIRSTMERIT CORP
FMER
FMER was delisted on the 15th of August, 2016.
251 hedge funds and large institutions have $2.69B invested in FIRSTMERIT CORP in 2014 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 103 increasing their positions, 90 reducing their positions, and 28 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 90
2% less capital invested
Capital invested by funds: $2.76B → $2.69B (-$68.6M)
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
1% less funds holding
Funds holding: 254 → 251 (-3)
37% less call options, than puts
Call options by funds: $281K | Put options by funds: $444K
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$72.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$65.8M |
| 3 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$23M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$19.6M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$44.8M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$28.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$14M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$11.9M |
FMER Hedge Fund Activity: Q1 2014 in Review
251 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in FIRSTMERIT CORP (FMER) for Q1 2014, worth a combined $2.69B — down 2.5% from $2.76B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FMER and 26 opened new positions — a net loss of 2 holders — while 90 trimmed existing stakes and 103 added.
The largest buyer was Allianz Asset Management, adding an estimated $72.3M. The largest seller was Lord, Abbett & Co, cutting an estimated $44.8M.
- 251 institutional investors held FIRSTMERIT CORP (FMER) as of Q1 2014, down from 254 in Q4 2013.
- Funds reported $2.69B of FIRSTMERIT CORP stock for Q1 2014, down 2.5% quarter-over-quarter.
- 26 funds opened new FIRSTMERIT CORP positions in Q1 2014 and 28 closed out, a net change of -2 holders.
- The largest FIRSTMERIT CORP buyer in Q1 2014 was Allianz Asset Management, an estimated $72.3M added.
- The largest FIRSTMERIT CORP seller in Q1 2014 was Lord, Abbett & Co, an estimated $44.8M sold.
Based on aggregated 13F filings for Q1 2014.