FIRSTMERIT CORP
FMER
FMER was delisted on the 15th of August, 2016.
239 hedge funds and large institutions have $2.67B invested in FIRSTMERIT CORP in 2016 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 70 increasing their positions, 88 reducing their positions, and 64 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
8% more capital invested
Capital invested by funds: $2.48B → $2.67B (+$189M)
8% less funds holding
Funds holding: 259 → 239 (-20)
20% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 88
30% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 64
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $203K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$92.7M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$92.4M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$88.8M |
| 4 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$38.3M |
| 5 |
Goldman Sachs
New York
|
+$31.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$57.8M |
| 2 |
Millennium Management
New York
|
-$56.4M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$41.4M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
-$38.3M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
-$37.1M |
FMER Hedge Fund Activity: Q1 2016 in Review
239 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in FIRSTMERIT CORP (FMER) for Q1 2016, worth a combined $2.67B — up 7.6% from $2.48B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of FMER and 45 opened new positions — a net loss of 19 holders — while 88 trimmed existing stakes and 70 added.
The largest buyer was Morgan Stanley, adding an estimated $92.7M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $57.8M sold.
- 239 institutional investors held FIRSTMERIT CORP (FMER) as of Q1 2016, down from 259 in Q4 2015.
- Funds reported $2.67B of FIRSTMERIT CORP stock for Q1 2016, up 7.6% quarter-over-quarter.
- 45 funds opened new FIRSTMERIT CORP positions in Q1 2016 and 64 closed out, a net change of -19 holders.
- The largest FIRSTMERIT CORP buyer in Q1 2016 was Morgan Stanley, an estimated $92.7M added.
- The largest FIRSTMERIT CORP seller in Q1 2016 was Allianz Asset Management, an estimated $57.8M sold.
Based on aggregated 13F filings for Q1 2016.