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Mercury Insurance

270 hedge funds and large institutions have $1.32B invested in Mercury Insurance in 2021 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 87 increasing their positions, 82 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

211% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 19

149% more call options, than puts

Call options by funds: $5.59M | Put options by funds: $2.24M

16% more funds holding

Funds holding: 232270 (+38)

14% more capital invested

Capital invested by funds: $1.16B → $1.32B (+$162M)

6% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 82

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.55% less ownership

Funds ownership: 39.94%39.39% (-0.55%)

Holders
270
Holders Change
+38
Holders Change %
+16.38%
% of All Funds
4.74%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
59
Increased
87
Reduced
82
Closed
19
Calls
$5.59M
Puts
$2.24M
Net Calls
+$3.35M
Net Calls Change
+$108K
Name Holding Trade Value Shares
Change
Change in
Stake
WCM
26
Wallace Capital Management
Texas
$11.7M +$712K +12,438 +7%
Millennium Management
27
Millennium Management
New York
$10.7M +$9.61M +167,926 +2,028%
Principal Financial Group
28
Principal Financial Group
Iowa
$10.6M +$1.18M +20,611 +13%
N
29
Nuveen
North Carolina
$8.63M +$52.2K +912 +0.6%
Morgan Stanley
30
Morgan Stanley
New York
$8.4M +$4.4M +76,952 +126%
Jacobs Levy Equity Management
31
Jacobs Levy Equity Management
New Jersey
$7.91M -$1.12M -19,556 -13%
First Trust Advisors
32
First Trust Advisors
Illinois
$7.86M -$7.63M -133,269 -51%
BGIM
33
Brandywine Global Investment Management
Pennsylvania
$6.26M +$4.3M +75,156 +270%
DWM
34
Dakota Wealth Management
Florida
$5.5M +$2.24M +39,188 +76%
PPA
35
Parametric Portfolio Associates
Washington
$5.33M +$407K +7,114 +9%
Citadel Advisors
36
Citadel Advisors
Florida
$4.8M +$1.52M +26,616 +51%
VI
37
Vestcor Inc
New Brunswick, Canada
$4.67M +$3.31M +57,904 +308%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$4.59M +$12.3K +215 +0.3%
UBS AM
39
UBS AM
Illinois
$3.93M +$95.1K +1,662 +3%
Bank of Nova Scotia
40
Bank of Nova Scotia
Ontario, Canada
$3.86M +$3.63M +63,476 New
Swiss National Bank
41
Swiss National Bank
Switzerland
$3.85M +$34.3K +600 +1%
JP Morgan Chase
42
JP Morgan Chase
New York
$3.79M +$477K +8,339 +15%
Robeco Institutional Asset Management
43
Robeco Institutional Asset Management
Netherlands
$3.51M +$3.3M +57,640 New
APF
44
Alaska Permanent Fund
Alaska
$3.25M
New York State Teachers Retirement System (NYSTRS)
45
New York State Teachers Retirement System (NYSTRS)
New York
$3.22M -$332K -5,800 -10%
Bank of America
46
Bank of America
North Carolina
$3.18M +$623K +10,878 +26%
Legal & General Group
47
Legal & General Group
United Kingdom
$3.13M +$164K +2,858 +6%
Ameriprise
48
Ameriprise
Minnesota
$3.08M -$2.78M -48,538 -49%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$3.04M -$696K -12,166 -20%
CSS
50
Cubist Systematic Strategies
Connecticut
$3.04M +$2.21M +38,608 +340%

MCY Hedge Fund Activity: Q1 2021 in Review

270 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q1 2021, worth a combined $1.32B — up 14% from $1.16B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new MCY positions and 19 closed out — a net gain of 40 holders — while 87 added to existing stakes and 82 trimmed.

The largest buyer was Alleghany Corporation, opening a new position worth an estimated $19.3M. The largest seller was Westwood Holdings Group, cutting an estimated $21M.

  • 270 institutional investors held Mercury Insurance (MCY) as of Q1 2021, up from 232 in Q4 2020.
  • Funds reported $1.32B of Mercury Insurance stock for Q1 2021, up 14% quarter-over-quarter.
  • 59 funds opened new Mercury Insurance positions in Q1 2021 and 19 closed out, a net change of +40 holders.
  • The largest Mercury Insurance buyer in Q1 2021 was Alleghany Corporation, an estimated $19.3M added.
  • The largest Mercury Insurance seller in Q1 2021 was Westwood Holdings Group, an estimated $21M sold.

Based on aggregated 13F filings for Q1 2021.