Mercury Insurance
180 hedge funds and large institutions have $859M invested in Mercury Insurance in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 72 reducing their positions, and 17 closing their positions.
136% more call options, than puts
Call options by funds: $1.27M | Put options by funds: $537K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
6% more funds holding
Funds holding: 170 → 180 (+10)
0.42% less ownership
Funds ownership: 42.02% → 41.6% (-0.42%)
12% less capital inflows, than outflows
Capital inflows: $40.7M | Capital outflows: $46.1M
25% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Driehaus Capital Management
Chicago,
Illinois
|
+$15.7M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.76M |
| 3 |
SAIG
Semper Augustus Investments Group
Highlands Ranch,
Colorado
|
+$1.38M |
| 4 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.33M |
| 5 |
Panagora Asset Management
Boston,
Massachusetts
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.33M |
| 2 |
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$4.23M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$3.83M |
| 4 |
D.E. Shaw & Co
New York
|
-$3.15M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$2.69M |
MCY Hedge Fund Activity: Q4 2023 in Review
180 of the 6,873 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q4 2023, worth a combined $859M — up 32% from $652M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new MCY positions and 17 closed out — a net gain of 11 holders — while 54 added to existing stakes and 72 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $15.7M. The largest seller was Millennium Management, cutting an estimated $8.33M.
- 180 institutional investors held Mercury Insurance (MCY) as of Q4 2023, up from 170 in Q3 2023.
- Funds reported $859M of Mercury Insurance stock for Q4 2023, up 32% quarter-over-quarter.
- 28 funds opened new Mercury Insurance positions in Q4 2023 and 17 closed out, a net change of +11 holders.
- The largest Mercury Insurance buyer in Q4 2023 was Driehaus Capital Management, an estimated $15.7M added.
- The largest Mercury Insurance seller in Q4 2023 was Millennium Management, an estimated $8.33M sold.
Based on aggregated 13F filings for Q4 2023.