Mercury Insurance
226 hedge funds and large institutions have $902M invested in Mercury Insurance in 2020 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 60 increasing their positions, 86 reducing their positions, and 25 closing their positions.
99% more call options, than puts
Call options by funds: $2.8M | Put options by funds: $1.41M
72% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 25
7% more funds holding
Funds holding: 211 → 226 (+15)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $943M → $902M (-$41.1M)
2.2% less ownership
Funds ownership: 41.81% → 39.61% (-2.2%)
30% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAM
Hillcrest Asset Management
Plano,
Texas
|
+$11.6M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$10.3M |
| 3 |
WCM
Wallace Capital Management
Dallas,
Texas
|
+$7.29M |
| 4 |
Goldman Sachs
New York
|
+$6.88M |
| 5 |
Millennium Management
New York
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.7M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$12.1M |
| 3 |
Renaissance Technologies
New York
|
-$6.91M |
| 4 |
BlackRock
New York
|
-$5.91M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$5.7M |
MCY Hedge Fund Activity: Q3 2020 in Review
226 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q3 2020, worth a combined $902M — down 4.4% from $943M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new MCY positions and 25 closed out — a net gain of 18 holders — while 60 added to existing stakes and 86 trimmed.
The largest buyer was Hillcrest Asset Management, opening a new position worth an estimated $11.6M. The largest seller was Invesco, cutting an estimated $12.7M.
- 226 institutional investors held Mercury Insurance (MCY) as of Q3 2020, up from 211 in Q2 2020.
- Funds reported $902M of Mercury Insurance stock for Q3 2020, down 4.4% quarter-over-quarter.
- 43 funds opened new Mercury Insurance positions in Q3 2020 and 25 closed out, a net change of +18 holders.
- The largest Mercury Insurance buyer in Q3 2020 was Hillcrest Asset Management, an estimated $11.6M added.
- The largest Mercury Insurance seller in Q3 2020 was Invesco, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2020.