Mercer International
MERC
97 hedge funds and large institutions have $734M invested in Mercer International in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 16 closing their positions.
249% more call options, than puts
Call options by funds: $580K | Put options by funds: $166K
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
3% more funds holding
Funds holding: 94 → 97 (+3)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less capital invested
Capital invested by funds: $806M → $734M (-$71.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$9.4M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.13M |
| 3 |
SI
Sensato Investors
San Francisco,
California
|
+$3.84M |
| 4 |
GCM
Gates Capital Management
New York
|
+$3.21M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$5.11M |
| 2 |
Morgan Stanley
New York
|
-$3.76M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.08M |
| 4 |
Millennium Management
New York
|
-$2.84M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AL
101
Airain Ltd
St. Peter Port,
Guernsey
| – | -$776K | -50,524 | Closed |
|
102
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$462K | -30,100 | Closed |
|
|
RCM
103
Rotella Capital Management
Bellevue,
Washington
| – | -$301K | -19,600 | Closed |
|
|
CF
104
CNA Financial
Chicago,
Illinois
| – | -$249K | -16,205 | Closed |
|
|
VAM
105
Visium Asset Management
New York
| – | -$246K | -16,000 | Closed |
|
|
NV
106
Nair Vinay
| – | -$170K | -11,044 | Closed |
|
|
PCM
107
Prelude Capital Management
New York
| – | -$86K | -5,614 | Closed |
|
|
QT
108
Quantbot Technologies
New York
| – | -$37K | -2,439 | Closed |
|
109
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$30K | -2,000 | Closed |
|
|
FMT
110
First Mercantile Trust
Cordova,
Tennessee
| – | -$22K | -1,433 | Closed |
|
111
Creative Planning
Overland Park,
Kansas
| – | -$18K | -1,200 | Closed |
|
112
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$11K | -800 | Closed |
|
|
OSAM
113
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$4K | -246 | Closed |
|
MERC Hedge Fund Activity: Q2 2015 in Review
97 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2015, worth a combined $734M — down 8.8% from $806M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MERC positions and 16 closed out — a net gain of 3 holders — while 35 added to existing stakes and 32 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $9.4M. The largest seller was Huber Capital Management, cutting an estimated $5.11M.
- 97 institutional investors held Mercer International (MERC) as of Q2 2015, up from 94 in Q1 2015.
- Funds reported $734M of Mercer International stock for Q2 2015, down 8.8% quarter-over-quarter.
- 19 funds opened new Mercer International positions in Q2 2015 and 16 closed out, a net change of +3 holders.
- The largest Mercer International buyer in Q2 2015 was Goldman Sachs, an estimated $9.4M added.
- The largest Mercer International seller in Q2 2015 was Huber Capital Management, an estimated $5.11M sold.
Based on aggregated 13F filings for Q2 2015.