Mercury Insurance
MCY
242 hedge funds and large institutions have $1.26B invested in Mercury Insurance in 2024 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 84 increasing their positions, 81 reducing their positions, and 26 closing their positions.
567% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $266K
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
6% more funds holding
Funds holding: 228 → 242 (+14)
5% more capital invested
Capital invested by funds: $1.2B → $1.26B (+$63.5M)
4% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 81
0.93% more ownership
Funds ownership: 41.89% → 42.82% (+0.93%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$9.67M |
| 2 |
LCM
Lakewood Capital Management
New York
|
+$9.57M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$8.66M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$8.42M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$5.28M |
Top Sellers
MCY Hedge Fund Activity: Q2 2024 in Review
242 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q2 2024, worth a combined $1.26B — up 5.3% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new MCY positions and 26 closed out — a net gain of 15 holders — while 84 added to existing stakes and 81 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $9.67M. The largest seller was Absher Wealth Management, cutting an estimated $14.8M.
- 242 institutional investors held Mercury Insurance (MCY) as of Q2 2024, up from 228 in Q1 2024.
- Funds reported $1.26B of Mercury Insurance stock for Q2 2024, up 5.3% quarter-over-quarter.
- 41 funds opened new Mercury Insurance positions in Q2 2024 and 26 closed out, a net change of +15 holders.
- The largest Mercury Insurance buyer in Q2 2024 was Goldman Sachs, an estimated $9.67M added.
- The largest Mercury Insurance seller in Q2 2024 was Absher Wealth Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2024.