Mercer International
MERC
63 hedge funds and large institutions have $362M invested in Mercer International in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
15% more funds holding
Funds holding: 55 → 63 (+8)
8% less capital invested
Capital invested by funds: $396M → $362M (-$33.6M)
92% less call options, than puts
Call options by funds: $28K | Put options by funds: $357K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Redwood Capital Management
New York
|
+$7.07M |
| 2 |
GCM
Gates Capital Management
New York
|
+$4.15M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.29M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$2.41M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$11.4M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$10.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.36M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
-$1.91M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.57M |
MERC Hedge Fund Activity: Q3 2014 in Review
63 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2014, worth a combined $362M — down 8.5% from $396M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MERC positions and 5 closed out — a net gain of 8 holders — while 22 added to existing stakes and 12 trimmed.
The largest buyer was Redwood Capital Management, adding an estimated $7.07M. The largest seller was 1832 Asset Management, cutting an estimated $11.4M.
- 63 institutional investors held Mercer International (MERC) as of Q3 2014, up from 55 in Q2 2014.
- Funds reported $362M of Mercer International stock for Q3 2014, down 8.5% quarter-over-quarter.
- 13 funds opened new Mercer International positions in Q3 2014 and 5 closed out, a net change of +8 holders.
- The largest Mercer International buyer in Q3 2014 was Redwood Capital Management, an estimated $7.07M added.
- The largest Mercer International seller in Q3 2014 was 1832 Asset Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2014.