Mercury Insurance
MCY
177 hedge funds and large institutions have $1.43B invested in Mercury Insurance in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 70 increasing their positions, 54 reducing their positions, and 28 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 54
0.32% more ownership
Funds ownership: 47.46% → 47.78% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 194 → 177 (-17)
11% less capital invested
Capital invested by funds: $1.6B → $1.43B (-$173M)
54% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 28
68% less call options, than puts
Call options by funds: $864K | Put options by funds: $2.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$24M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$10.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.62M |
| 4 |
STCG
Speece Thorson Capital Group
Minnetonka,
Minnesota
|
+$4.3M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
-$12.3M |
| 2 |
Millennium Management
New York
|
-$6.72M |
| 3 |
AP
AHL Partners
London,
United Kingdom
|
-$5.3M |
| 4 |
BlackRock
New York
|
-$4.86M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$2.62M |
MCY Hedge Fund Activity: Q2 2017 in Review
177 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q2 2017, worth a combined $1.43B — down 11% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MCY and 13 opened new positions — a net loss of 15 holders — while 54 trimmed existing stakes and 70 added.
The largest buyer was State Street, adding an estimated $24M. The largest seller was Churchill Management, exiting entirely with an estimated $12.3M sold.
- 177 institutional investors held Mercury Insurance (MCY) as of Q2 2017, down from 194 in Q1 2017.
- Funds reported $1.43B of Mercury Insurance stock for Q2 2017, down 11% quarter-over-quarter.
- 13 funds opened new Mercury Insurance positions in Q2 2017 and 28 closed out, a net change of -15 holders.
- The largest Mercury Insurance buyer in Q2 2017 was State Street, an estimated $24M added.
- The largest Mercury Insurance seller in Q2 2017 was Churchill Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2017.