Mercury Insurance
192 hedge funds and large institutions have $1.42B invested in Mercury Insurance in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 79 increasing their positions, 56 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
41% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 56
8% more capital invested
Capital invested by funds: $1.32B → $1.42B (+$101M)
4% more funds holding
Funds holding: 185 → 192 (+7)
0.15% more ownership
Funds ownership: 44.79% → 44.93% (+0.15%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
+$7.88M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$5.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.98M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.53M |
| 5 |
Renaissance Technologies
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$19.3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$18.3M |
| 3 |
RA
Royce & Associates
New York
|
-$2.7M |
| 4 |
AI
Analytic Investors
Los Angeles,
California
|
-$2.68M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.56M |
MCY Hedge Fund Activity: Q3 2016 in Review
192 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q3 2016, worth a combined $1.42B — up 7.7% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MCY positions and 11 closed out — a net gain of 8 holders — while 79 added to existing stakes and 56 trimmed.
The largest buyer was Churchill Management, opening a new position worth an estimated $7.88M. The largest seller was Riverhead Capital Management, cutting an estimated $19.3M.
- 192 institutional investors held Mercury Insurance (MCY) as of Q3 2016, up from 185 in Q2 2016.
- Funds reported $1.42B of Mercury Insurance stock for Q3 2016, up 7.7% quarter-over-quarter.
- 19 funds opened new Mercury Insurance positions in Q3 2016 and 11 closed out, a net change of +8 holders.
- The largest Mercury Insurance buyer in Q3 2016 was Churchill Management, an estimated $7.88M added.
- The largest Mercury Insurance seller in Q3 2016 was Riverhead Capital Management, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2016.