Mercer International
MERC
101 hedge funds and large institutions have $448M invested in Mercer International in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 48 increasing their positions, 27 reducing their positions, and 13 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 27
50% more capital invested
Capital invested by funds: $298M → $448M (+$149M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 107 → 101 (-6)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
88% less call options, than puts
Call options by funds: $103K | Put options by funds: $827K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IR
IAT Reinsurance
New York
|
+$132M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
+$4.27M |
| 3 |
Barclays
London,
United Kingdom
|
+$2.08M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.93M |
| 5 |
JP Morgan Chase
New York
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.22M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.12M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$3.36M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$2.87M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.62M |
MERC Hedge Fund Activity: Q3 2016 in Review
101 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2016, worth a combined $448M — up 50% from $298M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MERC and 7 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 48 added.
The largest buyer was IAT Reinsurance, adding an estimated $132M. The largest seller was Vanguard Group, cutting an estimated $4.22M.
- 101 institutional investors held Mercer International (MERC) as of Q3 2016, down from 107 in Q2 2016.
- Funds reported $448M of Mercer International stock for Q3 2016, up 50% quarter-over-quarter.
- 7 funds opened new Mercer International positions in Q3 2016 and 13 closed out, a net change of -6 holders.
- The largest Mercer International buyer in Q3 2016 was IAT Reinsurance, an estimated $132M added.
- The largest Mercer International seller in Q3 2016 was Vanguard Group, an estimated $4.22M sold.
Based on aggregated 13F filings for Q3 2016.