FIRSTMERIT CORP
FMER
FMER was delisted on the 15th of August, 2016.
239 hedge funds and large institutions have $2.66B invested in FIRSTMERIT CORP in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 90 increasing their positions, 60 reducing their positions, and 30 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 60
10% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 30
0% more funds holding
Funds holding: 239 → 239 (0)
0% less capital invested
Capital invested by funds: $2.67B → $2.66B (-$11.4M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $30K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$85.6M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$39.8M |
| 3 |
Morgan Stanley
New York
|
+$22.7M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$21.6M |
| 5 |
Renaissance Technologies
New York
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$45.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$42.3M |
| 3 |
Goldman Sachs
New York
|
-$32.5M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$15.8M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$15M |
FMER Hedge Fund Activity: Q2 2016 in Review
239 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FIRSTMERIT CORP (FMER) for Q2 2016, worth a combined $2.66B — down 0.43% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FMER positions and 30 closed out — a net gain of 3 holders — while 90 added to existing stakes and 60 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $85.6M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $45.4M sold.
- 239 institutional investors held FIRSTMERIT CORP (FMER) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $2.66B of FIRSTMERIT CORP stock for Q2 2016, down 0.43% quarter-over-quarter.
- 33 funds opened new FIRSTMERIT CORP positions in Q2 2016 and 30 closed out, a net change of +3 holders.
- The largest FIRSTMERIT CORP buyer in Q2 2016 was Water Island Capital, an estimated $85.6M added.
- The largest FIRSTMERIT CORP seller in Q2 2016 was Vaughan Nelson Investment Management, an estimated $45.4M sold.
Based on aggregated 13F filings for Q2 2016.