Mercury Insurance
223 hedge funds and large institutions have $960M invested in Mercury Insurance in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 78 increasing their positions, 72 reducing their positions, and 39 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 72
1% more call options, than puts
Call options by funds: $1.98M | Put options by funds: $1.96M
3% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 39
1.03% less ownership
Funds ownership: 43.44% → 42.41% (-1%)
2% less funds holding
Funds holding: 228 → 223 (-5)
18% less capital invested
Capital invested by funds: $1.17B → $960M (-$212M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10.2M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$7.43M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$6.75M |
| 4 |
Millennium Management
New York
|
+$6.17M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$35.3M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$20.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$14.2M |
| 4 |
Primecap Management
Pasadena,
California
|
-$13.5M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.94M |
MCY Hedge Fund Activity: Q1 2020 in Review
223 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q1 2020, worth a combined $960M — down 18% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of MCY and 38 opened new positions — a net loss of 1 holder — while 72 trimmed existing stakes and 78 added.
The largest buyer was Renaissance Technologies, adding an estimated $10.2M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $35.3M sold.
- 223 institutional investors held Mercury Insurance (MCY) as of Q1 2020, down from 228 in Q4 2019.
- Funds reported $960M of Mercury Insurance stock for Q1 2020, down 18% quarter-over-quarter.
- 38 funds opened new Mercury Insurance positions in Q1 2020 and 39 closed out, a net change of -1 holder.
- The largest Mercury Insurance buyer in Q1 2020 was Renaissance Technologies, an estimated $10.2M added.
- The largest Mercury Insurance seller in Q1 2020 was Vaughan Nelson Investment Management, an estimated $35.3M sold.
Based on aggregated 13F filings for Q1 2020.