FIRSTMERIT CORP
FMER
FMER was delisted on the 15th of August, 2016.
247 hedge funds and large institutions have $2.56B invested in FIRSTMERIT CORP in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 98 reducing their positions, and 31 closing their positions.
3,478% more call options, than puts
Call options by funds: $644K | Put options by funds: $18K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% less capital invested
Capital invested by funds: $2.69B → $2.56B (-$129M)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
2% less funds holding
Funds holding: 251 → 247 (-4)
15% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$50.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$27.6M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$22.3M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$14.3M |
| 5 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$25M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$22.6M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$17.7M |
| 4 |
FIM
Foresters Investment Management
New York
|
-$17.6M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$14.8M |
FMER Hedge Fund Activity: Q2 2014 in Review
247 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in FIRSTMERIT CORP (FMER) for Q2 2014, worth a combined $2.56B — down 4.8% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of FMER and 28 opened new positions — a net loss of 3 holders — while 98 trimmed existing stakes and 83 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $50.4M. The largest seller was Brown Advisory, cutting an estimated $25M.
- 247 institutional investors held FIRSTMERIT CORP (FMER) as of Q2 2014, down from 251 in Q1 2014.
- Funds reported $2.56B of FIRSTMERIT CORP stock for Q2 2014, down 4.8% quarter-over-quarter.
- 28 funds opened new FIRSTMERIT CORP positions in Q2 2014 and 31 closed out, a net change of -3 holders.
- The largest FIRSTMERIT CORP buyer in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $50.4M added.
- The largest FIRSTMERIT CORP seller in Q2 2014 was Brown Advisory, an estimated $25M sold.
Based on aggregated 13F filings for Q2 2014.