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Mercury Insurance

220 hedge funds and large institutions have $1.15B invested in Mercury Insurance in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 96 increasing their positions, 60 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more call options, than puts

Call options by funds: $4.21M | Put options by funds: $1.43M

60% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 60

22% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 27

1% more funds holding

Funds holding: 217220 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.19% less ownership

Funds ownership: 46.33%45.14% (-1.2%)

16% less capital invested

Capital invested by funds: $1.37B → $1.15B (-$225M)

Holders
220
Holders Change
+3
Holders Change %
+1.38%
% of All Funds
5.04%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
33
Increased
96
Reduced
60
Closed
27
Calls
$4.21M
Puts
$1.43M
Net Calls
+$2.78M
Net Calls Change
+$3.8M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$141M +$24.5M +514,737 +20%
BlackRock
2
BlackRock
New York
$132M -$181M -3,802,228 -57%
Vanguard Group
3
Vanguard Group
Pennsylvania
$118M +$1.89M +39,702 +2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$80.8M +$18.9M +396,789 +29%
Capital Research Global Investors
5
Capital Research Global Investors
California
$78M +$4.76M +100,000 +6%
Renaissance Technologies
6
Renaissance Technologies
New York
$43.2M +$12.1M +253,769 +37%
Goldman Sachs
7
Goldman Sachs
New York
$37.6M +$10.7M +224,859 +38%
Invesco
8
Invesco
Georgia
$33.9M +$3.85M +80,854 +12%
Millennium Management
9
Millennium Management
New York
$31.4M +$6.02M +126,308 +23%
First Trust Advisors
10
First Trust Advisors
Illinois
$25.5M +$6.84M +143,607 +35%
Norges Bank
11
Norges Bank
Norway
$25.5M +$3.89M +81,705 +17%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$23.5M -$39.1K -820 -0.2%
CIC
13
Crawford Investment Counsel
Georgia
$17.4M +$5.35M +112,296 +42%
Northern Trust
14
Northern Trust
Illinois
$16.9M +$154K +3,229 +0.9%
Wells Fargo
15
Wells Fargo
California
$16.8M +$1.45M +30,460 +9%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$14.1M +$52K +1,091 +0.4%
PP
17
Paloma Partners
Connecticut
$13.9M +$13.1M +275,811 +1,032%
Charles Schwab
18
Charles Schwab
California
$13.9M +$1.95M +41,024 +16%
Robeco Institutional Asset Management
19
Robeco Institutional Asset Management
Netherlands
$13.6M -$9.27M -194,518 -40%
Primecap Management
20
Primecap Management
California
$12.9M
CRM
21
Capital Returns Management
New York
$11.5M +$12M +250,864 New
Citigroup
22
Citigroup
New York
$11.1M +$11.4M +239,007 +11,921%
FIM
23
Frontier Investment Management
Texas
$10.3M +$1.51M +31,595 +16%
STCG
24
Speece Thorson Capital Group
Minnesota
$8.52M +$3.11M +65,304 +54%
Two Sigma Investments
25
Two Sigma Investments
New York
$8.46M +$2.32M +48,749 +36%

MCY Hedge Fund Activity: Q1 2018 in Review

220 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q1 2018, worth a combined $1.15B — down 16% from $1.37B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new MCY positions and 27 closed out — a net gain of 6 holders — while 96 added to existing stakes and 60 trimmed.

The largest buyer was State Street, adding an estimated $24.5M. The largest seller was BlackRock, cutting an estimated $181M.

  • 220 institutional investors held Mercury Insurance (MCY) as of Q1 2018, up from 217 in Q4 2017.
  • Funds reported $1.15B of Mercury Insurance stock for Q1 2018, down 16% quarter-over-quarter.
  • 33 funds opened new Mercury Insurance positions in Q1 2018 and 27 closed out, a net change of +6 holders.
  • The largest Mercury Insurance buyer in Q1 2018 was State Street, an estimated $24.5M added.
  • The largest Mercury Insurance seller in Q1 2018 was BlackRock, an estimated $181M sold.

Based on aggregated 13F filings for Q1 2018.