Mercury Insurance
MCY
194 hedge funds and large institutions have $1.6B invested in Mercury Insurance in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 83 increasing their positions, 66 reducing their positions, and 24 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 66
7% more capital invested
Capital invested by funds: $1.5B → $1.6B (+$102M)
2.43% more ownership
Funds ownership: 45.04% → 47.46% (+2.4%)
8% less funds holding
Funds holding: 210 → 194 (-16)
42% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$404M |
| 2 |
State Street
Boston,
Massachusetts
|
+$13.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.22M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$5.49M |
| 5 |
Asset Management One
Tokyo,
Japan
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$18.5M |
| 2 |
Two Sigma Investments
New York
|
-$3.98M |
| 3 |
Millennium Management
New York
|
-$3.86M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$3.83M |
| 5 |
Renaissance Technologies
New York
|
-$2.72M |
MCY Hedge Fund Activity: Q1 2017 in Review
194 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q1 2017, worth a combined $1.6B — up 6.8% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MCY and 14 opened new positions — a net loss of 10 holders — while 66 trimmed existing stakes and 83 added.
The largest buyer was BlackRock, adding an estimated $404M. The largest seller was Norges Bank, cutting an estimated $18.5M.
- 194 institutional investors held Mercury Insurance (MCY) as of Q1 2017, down from 210 in Q4 2016.
- Funds reported $1.6B of Mercury Insurance stock for Q1 2017, up 6.8% quarter-over-quarter.
- 14 funds opened new Mercury Insurance positions in Q1 2017 and 24 closed out, a net change of -10 holders.
- The largest Mercury Insurance buyer in Q1 2017 was BlackRock, an estimated $404M added.
- The largest Mercury Insurance seller in Q1 2017 was Norges Bank, an estimated $18.5M sold.
Based on aggregated 13F filings for Q1 2017.