Mercer International
MERC
135 hedge funds and large institutions have $654M invested in Mercer International in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 61 reducing their positions, and 35 closing their positions.
745% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $235K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.14% less ownership
Funds ownership: 79.65% → 79.51% (-0.14%)
12% less funds holding
Funds holding: 154 → 135 (-19)
19% less capital invested
Capital invested by funds: $809M → $654M (-$154M)
30% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 61
54% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$12.5M |
| 2 |
RA
Royce & Associates
New York
|
+$11.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$8.29M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$4.5M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.71M |
| 2 |
Renaissance Technologies
New York
|
-$5.59M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$5.26M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$5.15M |
| 5 |
BlackRock
New York
|
-$4.53M |
MERC Hedge Fund Activity: Q3 2019 in Review
135 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2019, worth a combined $654M — down 19% from $809M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of MERC and 16 opened new positions — a net loss of 19 holders — while 61 trimmed existing stakes and 43 added.
The largest buyer was Gates Capital Management, adding an estimated $12.5M. The largest seller was Acadian Asset Management, cutting an estimated $5.71M.
- 135 institutional investors held Mercer International (MERC) as of Q3 2019, down from 154 in Q2 2019.
- Funds reported $654M of Mercer International stock for Q3 2019, down 19% quarter-over-quarter.
- 16 funds opened new Mercer International positions in Q3 2019 and 35 closed out, a net change of -19 holders.
- The largest Mercer International buyer in Q3 2019 was Gates Capital Management, an estimated $12.5M added.
- The largest Mercer International seller in Q3 2019 was Acadian Asset Management, an estimated $5.71M sold.
Based on aggregated 13F filings for Q3 2019.