Mercury Insurance
MCY
228 hedge funds and large institutions have $1.2B invested in Mercury Insurance in 2024 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 55 increasing their positions, 75 reducing their positions, and 15 closing their positions.
1,499% more call options, than puts
Call options by funds: $4.54M | Put options by funds: $284K
320% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 15
39% more capital invested
Capital invested by funds: $859M → $1.2B (+$337M)
27% more funds holding
Funds holding: 180 → 228 (+48)
0.28% more ownership
Funds ownership: 41.6% → 41.89% (+0.28%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.5M |
| 2 |
Goldman Sachs
New York
|
+$5.14M |
| 3 |
Morgan Stanley
New York
|
+$3.99M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$3.45M |
| 5 |
Millennium Management
New York
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$39.1M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$6.33M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$4.1M |
| 4 |
STCG
Speece Thorson Capital Group
Minnetonka,
Minnesota
|
-$3.49M |
| 5 |
Renaissance Technologies
New York
|
-$2.32M |
MCY Hedge Fund Activity: Q1 2024 in Review
228 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Mercury Insurance (MCY) for Q1 2024, worth a combined $1.2B — up 39% from $859M a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new MCY positions and 15 closed out — a net gain of 48 holders — while 55 added to existing stakes and 75 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $13.5M. The largest seller was BlackRock, cutting an estimated $39.1M.
- 228 institutional investors held Mercury Insurance (MCY) as of Q1 2024, up from 180 in Q4 2023.
- Funds reported $1.2B of Mercury Insurance stock for Q1 2024, up 39% quarter-over-quarter.
- 63 funds opened new Mercury Insurance positions in Q1 2024 and 15 closed out, a net change of +48 holders.
- The largest Mercury Insurance buyer in Q1 2024 was Arrowstreet Capital, an estimated $13.5M added.
- The largest Mercury Insurance seller in Q1 2024 was BlackRock, an estimated $39.1M sold.
Based on aggregated 13F filings for Q1 2024.