Mercury Insurance
MCY
178 hedge funds and large institutions have $710M invested in Mercury Insurance in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 68 reducing their positions, and 29 closing their positions.
292% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $329K
0.14% more ownership
Funds ownership: 42.25% → 42.38% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $748M → $710M (-$37.2M)
6% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 68
6% less funds holding
Funds holding: 190 → 178 (-12)
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAIG
Semper Augustus Investments Group
Highlands Ranch,
Colorado
|
+$18.4M |
| 2 |
BlackRock
New York
|
+$9.18M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.31M |
| 4 |
Goldman Sachs
New York
|
+$4.13M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.69M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.92M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$4.93M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.63M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$3.99M |
MCY Hedge Fund Activity: Q2 2023 in Review
178 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q2 2023, worth a combined $710M — down 5% from $748M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of MCY and 17 opened new positions — a net loss of 12 holders — while 68 trimmed existing stakes and 64 added.
The largest buyer was Semper Augustus Investments Group, adding an estimated $18.4M. The largest seller was Millennium Management, cutting an estimated $7.69M.
- 178 institutional investors held Mercury Insurance (MCY) as of Q2 2023, down from 190 in Q1 2023.
- Funds reported $710M of Mercury Insurance stock for Q2 2023, down 5% quarter-over-quarter.
- 17 funds opened new Mercury Insurance positions in Q2 2023 and 29 closed out, a net change of -12 holders.
- The largest Mercury Insurance buyer in Q2 2023 was Semper Augustus Investments Group, an estimated $18.4M added.
- The largest Mercury Insurance seller in Q2 2023 was Millennium Management, an estimated $7.69M sold.
Based on aggregated 13F filings for Q2 2023.