Mercer International
MERC
135 hedge funds and large institutions have $836M invested in Mercer International in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 14 closing their positions.
6,903% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $33K
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 38
14% more funds holding
Funds holding: 118 → 135 (+17)
1.47% more ownership
Funds ownership: 74.87% → 76.34% (+1.5%)
2% less capital invested
Capital invested by funds: $854M → $836M (-$17.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.19M |
| 2 |
Renaissance Technologies
New York
|
+$5.74M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$4.08M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.28M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Knighthead Capital Management
New York
|
-$10.2M |
| 2 |
GCM
Gates Capital Management
New York
|
-$10.1M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$6.97M |
| 4 |
Millennium Management
New York
|
-$5.59M |
| 5 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$2.47M |
MERC Hedge Fund Activity: Q3 2018 in Review
135 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2018, worth a combined $836M — down 2% from $854M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MERC positions and 14 closed out — a net gain of 17 holders — while 46 added to existing stakes and 38 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $8.19M. The largest seller was Knighthead Capital Management, cutting an estimated $10.2M.
- 135 institutional investors held Mercer International (MERC) as of Q3 2018, up from 118 in Q2 2018.
- Funds reported $836M of Mercer International stock for Q3 2018, down 2% quarter-over-quarter.
- 31 funds opened new Mercer International positions in Q3 2018 and 14 closed out, a net change of +17 holders.
- The largest Mercer International buyer in Q3 2018 was Acadian Asset Management, an estimated $8.19M added.
- The largest Mercer International seller in Q3 2018 was Knighthead Capital Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2018.