Mercury Insurance
MCY
191 hedge funds and large institutions have $1.47B invested in Mercury Insurance in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 71 increasing their positions, 62 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
128% more call options, than puts
Call options by funds: $2.43M | Put options by funds: $1.07M
15% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 62
8% more funds holding
Funds holding: 177 → 191 (+14)
3% more capital invested
Capital invested by funds: $1.43B → $1.47B (+$45.3M)
0.82% less ownership
Funds ownership: 47.78% → 46.96% (-0.82%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.2M |
| 2 |
Renaissance Technologies
New York
|
+$5.08M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$4.71M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.16M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$26.9M |
| 2 |
State Street
Boston,
Massachusetts
|
-$20.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$14.5M |
| 4 |
BlackRock
New York
|
-$3.44M |
| 5 |
Asset Management One
Tokyo,
Japan
|
-$2.8M |
MCY Hedge Fund Activity: Q3 2017 in Review
191 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q3 2017, worth a combined $1.47B — up 3.2% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MCY positions and 8 closed out — a net gain of 16 holders — while 71 added to existing stakes and 62 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $10.2M. The largest seller was Capital International Investors, cutting an estimated $26.9M.
- 191 institutional investors held Mercury Insurance (MCY) as of Q3 2017, up from 177 in Q2 2017.
- Funds reported $1.47B of Mercury Insurance stock for Q3 2017, up 3.2% quarter-over-quarter.
- 24 funds opened new Mercury Insurance positions in Q3 2017 and 8 closed out, a net change of +16 holders.
- The largest Mercury Insurance buyer in Q3 2017 was Millennium Management, an estimated $10.2M added.
- The largest Mercury Insurance seller in Q3 2017 was Capital International Investors, an estimated $26.9M sold.
Based on aggregated 13F filings for Q3 2017.