Mercury Insurance
173 hedge funds and large institutions have $1.01B invested in Mercury Insurance in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 71 increasing their positions, 45 reducing their positions, and 11 closing their positions.
4,174% more call options, than puts
Call options by funds: $2.44M | Put options by funds: $57K
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
58% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 45
7% more funds holding
Funds holding: 162 → 173 (+11)
5% more capital invested
Capital invested by funds: $962M → $1.01B (+$48.5M)
0.16% more ownership
Funds ownership: 38.92% → 39.07% (+0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$15.4M |
| 2 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$10.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.48M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$24.3M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$9.33M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$8.33M |
| 5 |
GIA
Gateway Investment Advisers
Cincinnati,
Ohio
|
-$4.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Renaissance Technologies
New York
| – | -$1.55M | -34,399 | Closed |
|
177
Rafferty Asset Management
New York
| – | -$501K | -11,106 | Closed |
|
178
Stifel Financial
St. Louis,
Missouri
| – | -$453K | -10,050 | Closed |
|
|
B
179
Barings
Charlotte,
North Carolina
| – | -$328K | -7,276 | Closed |
|
|
KIG
180
Kovitz Investment Group
Chicago,
Illinois
| – | -$256K | -6,755 | Closed |
|
181
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$287K | -6,369 | Closed |
|
|
SB
182
Suntrust Banks
Atlanta,
Georgia
| – | -$261K | -5,805 | Closed |
|
183
Nomura Holdings
Tokyo,
Japan
| – | -$221K | -4,921 | Closed |
|
|
HF
184
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$27K | -610 | Closed |
|
|
S
185
SignatureFD
Atlanta,
Georgia
| – | -$5K | -101 | Closed |
|
MCY Hedge Fund Activity: Q2 2014 in Review
173 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q2 2014, worth a combined $1.01B — up 5% from $962M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MCY positions and 11 closed out — a net gain of 12 holders — while 71 added to existing stakes and 45 trimmed.
The largest buyer was Norges Bank, adding an estimated $15.4M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $24.3M sold.
- 173 institutional investors held Mercury Insurance (MCY) as of Q2 2014, up from 162 in Q1 2014.
- Funds reported $1.01B of Mercury Insurance stock for Q2 2014, up 5% quarter-over-quarter.
- 23 funds opened new Mercury Insurance positions in Q2 2014 and 11 closed out, a net change of +12 holders.
- The largest Mercury Insurance buyer in Q2 2014 was Norges Bank, an estimated $15.4M added.
- The largest Mercury Insurance seller in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $24.3M sold.
Based on aggregated 13F filings for Q2 2014.