Mercer International
MERC
108 hedge funds and large institutions have $417M invested in Mercer International in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 18 closing their positions.
13% more capital invested
Capital invested by funds: $367M → $417M (+$49.4M)
0.35% more ownership
Funds ownership: 77.3% → 77.65% (+0.35%)
5% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 37
5% less funds holding
Funds holding: 114 → 108 (-6)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
83% less call options, than puts
Call options by funds: $160K | Put options by funds: $945K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$11M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.08M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.64M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.52M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$4.68M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$2.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.89M |
| 4 |
Millennium Management
New York
|
-$1.68M |
| 5 |
RA
Royce & Associates
New York
|
-$1.42M |
MERC Hedge Fund Activity: Q2 2020 in Review
108 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2020, worth a combined $417M — up 13% from $367M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MERC and 12 opened new positions — a net loss of 6 holders — while 37 trimmed existing stakes and 35 added.
The largest buyer was Gates Capital Management, adding an estimated $11M. The largest seller was LSV Asset Management, exiting entirely with an estimated $4.68M sold.
- 108 institutional investors held Mercer International (MERC) as of Q2 2020, down from 114 in Q1 2020.
- Funds reported $417M of Mercer International stock for Q2 2020, up 13% quarter-over-quarter.
- 12 funds opened new Mercer International positions in Q2 2020 and 18 closed out, a net change of -6 holders.
- The largest Mercer International buyer in Q2 2020 was Gates Capital Management, an estimated $11M added.
- The largest Mercer International seller in Q2 2020 was LSV Asset Management, an estimated $4.68M sold.
Based on aggregated 13F filings for Q2 2020.