Mercer International
MERC
80 hedge funds and large institutions have $642M invested in Mercer International in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 35 increasing their positions, 15 reducing their positions, and 7 closing their positions.
257% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 7
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
133% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 15
77% more capital invested
Capital invested by funds: $362M → $642M (+$280M)
27% more funds holding
Funds holding: 63 → 80 (+17)
79% less call options, than puts
Call options by funds: $52K | Put options by funds: $248K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.4M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$6.29M |
| 3 |
Renaissance Technologies
New York
|
+$5.49M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.97M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$40M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$9.42M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.71M |
| 4 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$4.02M |
| 5 |
GCM
Gates Capital Management
New York
|
-$3.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMT
76
First Mercantile Trust
Cordova,
Tennessee
| $8K | +$8.25K | +680 | New |
|
|
NPC
77
National Planning Corporation
El Segundo,
California
| $6.03K | +$6.06K | +500 | New |
|
78
Parallax Volatility Advisers
San Francisco,
California
| $6K | +$6.08K | +501 | New |
|
79
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| $1K | -$18K | -1,482 | -97% |
|
|
81
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$4.71M | -482,650 | Closed |
|
|
SAM
82
Scopus Asset Management
New York
| – | -$1.94M | -198,745 | Closed |
|
|
LMGAM
83
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$1.48M | -151,259 | Closed |
|
84
Goldman Sachs
New York
| – | -$496K | -50,857 | Closed |
|
|
ZIM
85
Zacks Investment Management
Chicago,
Illinois
| – | -$243K | -24,888 | Closed |
|
|
LTFS
86
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$4K | -400 | Closed |
|
|
PIA
87
Peachtree Investment Advisors
Atlanta,
Georgia
| – | -$4K | -375 | Closed |
|
MERC Hedge Fund Activity: Q4 2014 in Review
80 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q4 2014, worth a combined $642M — up 77% from $362M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MERC positions and 7 closed out — a net gain of 18 holders — while 35 added to existing stakes and 15 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $12.4M. The largest seller was Platinum Investment Management, cutting an estimated $40M.
- 80 institutional investors held Mercer International (MERC) as of Q4 2014, up from 63 in Q3 2014.
- Funds reported $642M of Mercer International stock for Q4 2014, up 77% quarter-over-quarter.
- 25 funds opened new Mercer International positions in Q4 2014 and 7 closed out, a net change of +18 holders.
- The largest Mercer International buyer in Q4 2014 was Acadian Asset Management, an estimated $12.4M added.
- The largest Mercer International seller in Q4 2014 was Platinum Investment Management, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2014.