Mercer International
MERC
62 hedge funds and large institutions have $290M invested in Mercer International in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 3 closing their positions.
633% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 3
44% more funds holding
Funds holding: 43 → 62 (+19)
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
5% less capital invested
Capital invested by funds: $304M → $290M (-$13.7M)
77% less call options, than puts
Call options by funds: $135K | Put options by funds: $590K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$26.7M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$10M |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
+$9.98M |
| 4 |
KCM
Knighthead Capital Management
New York
|
+$5.03M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.54M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$998K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$717K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$477K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$380K |
MERC Hedge Fund Activity: Q1 2014 in Review
62 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q1 2014, worth a combined $290M — down 4.5% from $304M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MERC positions and 3 closed out — a net gain of 19 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Gates Capital Management, adding an estimated $26.7M. The largest seller was Kennedy Capital Management, cutting an estimated $1.54M.
- 62 institutional investors held Mercer International (MERC) as of Q1 2014, up from 43 in Q4 2013.
- Funds reported $290M of Mercer International stock for Q1 2014, down 4.5% quarter-over-quarter.
- 22 funds opened new Mercer International positions in Q1 2014 and 3 closed out, a net change of +19 holders.
- The largest Mercer International buyer in Q1 2014 was Gates Capital Management, an estimated $26.7M added.
- The largest Mercer International seller in Q1 2014 was Kennedy Capital Management, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2014.