Mercer International
MERC
90 hedge funds and large institutions have $547M invested in Mercer International in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 34 reducing their positions, and 19 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 34
7% less funds holding
Funds holding: 97 → 90 (-7)
25% less capital invested
Capital invested by funds: $734M → $547M (-$187M)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
76% less call options, than puts
Call options by funds: $24K | Put options by funds: $100K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$25.9M |
| 2 |
SI
Sensato Investors
San Francisco,
California
|
+$6.08M |
| 3 |
Morgan Stanley
New York
|
+$4.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$2.58M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$13.2M |
| 2 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
-$5.87M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.64M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$3.02M |
| 5 |
KCM
Knighthead Capital Management
New York
|
-$2.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UFF
101
USA Financial Formulas
Ada,
Michigan
| – | -$235K | -17,180 | Closed |
|
102
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$223K | -16,300 | Closed |
|
103
Stifel Financial
St. Louis,
Missouri
| – | -$219K | -16,037 | Closed |
|
104
Balyasny Asset Management
Chicago,
Illinois
| – | -$190K | -13,925 | Closed |
|
|
TI
105
Trexquant Investment
Stamford,
Connecticut
| – | -$175K | -12,800 | Closed |
|
|
LCM
106
Landscape Capital Management
Englewood,
New Jersey
| – | -$160K | -11,722 | Closed |
|
|
SCM
107
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$154K | -11,264 | Closed |
|
|
AIG
108
American International Group
New York
| – | -$35.5K | -2,592 | Closed |
|
109
Parallax Volatility Advisers
San Francisco,
California
| – | -$20K | -1,459 | Closed |
|
MERC Hedge Fund Activity: Q3 2015 in Review
90 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2015, worth a combined $547M — down 25% from $734M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of MERC and 12 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 34 added.
The largest buyer was Gates Capital Management, adding an estimated $25.9M. The largest seller was Portolan Capital Management, cutting an estimated $13.2M.
- 90 institutional investors held Mercer International (MERC) as of Q3 2015, down from 97 in Q2 2015.
- Funds reported $547M of Mercer International stock for Q3 2015, down 25% quarter-over-quarter.
- 12 funds opened new Mercer International positions in Q3 2015 and 19 closed out, a net change of -7 holders.
- The largest Mercer International buyer in Q3 2015 was Gates Capital Management, an estimated $25.9M added.
- The largest Mercer International seller in Q3 2015 was Portolan Capital Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2015.