Mercury Insurance
270 hedge funds and large institutions have $1.32B invested in Mercury Insurance in 2021 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 87 increasing their positions, 82 reducing their positions, and 19 closing their positions.
211% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 19
149% more call options, than puts
Call options by funds: $5.59M | Put options by funds: $2.24M
16% more funds holding
Funds holding: 232 → 270 (+38)
14% more capital invested
Capital invested by funds: $1.16B → $1.32B (+$162M)
6% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 82
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.55% less ownership
Funds ownership: 39.94% → 39.39% (-0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Alleghany Corporation
New York
|
+$19.3M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$18.5M |
| 3 |
BlackRock
New York
|
+$11.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.91M |
| 5 |
Millennium Management
New York
|
+$9.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$21M |
| 2 |
Renaissance Technologies
New York
|
-$17.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$13.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$12.7M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$11.7M |
MCY Hedge Fund Activity: Q1 2021 in Review
270 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q1 2021, worth a combined $1.32B — up 14% from $1.16B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new MCY positions and 19 closed out — a net gain of 40 holders — while 87 added to existing stakes and 82 trimmed.
The largest buyer was Alleghany Corporation, opening a new position worth an estimated $19.3M. The largest seller was Westwood Holdings Group, cutting an estimated $21M.
- 270 institutional investors held Mercury Insurance (MCY) as of Q1 2021, up from 232 in Q4 2020.
- Funds reported $1.32B of Mercury Insurance stock for Q1 2021, up 14% quarter-over-quarter.
- 59 funds opened new Mercury Insurance positions in Q1 2021 and 19 closed out, a net change of +40 holders.
- The largest Mercury Insurance buyer in Q1 2021 was Alleghany Corporation, an estimated $19.3M added.
- The largest Mercury Insurance seller in Q1 2021 was Westwood Holdings Group, an estimated $21M sold.
Based on aggregated 13F filings for Q1 2021.