Mercer International
MERC
95 hedge funds and large institutions have $558M invested in Mercer International in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 35 reducing their positions, and 15 closing their positions.
80.99% more ownership
Funds ownership: 0% → 80.99% (+81%)
68% more call options, than puts
Call options by funds: $325K | Put options by funds: $193K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more capital invested
Capital invested by funds: $448M → $558M (+$110M)
6% less funds holding
Funds holding: 101 → 95 (-6)
17% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 35
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.22M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$2.19M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$1.23M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$1.2M |
| 5 |
Renaissance Technologies
New York
|
+$907K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.45M |
| 2 |
Barclays
London,
United Kingdom
|
-$2.26M |
| 3 |
BWM
BerganKDV Wealth Management
Bloomington,
Minnesota
|
-$1.42M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$756K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
UBS AM
Chicago,
Illinois
| – | -$159K | -18,772 | Closed |
|
|
MC
102
Menta Capital
San Francisco,
California
| – | -$141K | -16,595 | Closed |
|
|
BIM
103
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$118K | -13,933 | Closed |
|
104
Millennium Management
New York
| – | -$102K | -12,099 | Closed |
|
|
TC
105
TFS Capital
West Chester,
Pennsylvania
| – | -$96K | -11,367 | Closed |
|
106
Citadel Advisors
Miami,
Florida
| – | -$100K | -11,064 | Closed |
|
|
SP
107
Steelhead Partners
Seattle,
Washington
| – | -$12K | -1,468 | Closed |
|
|
JCM
108
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$2K | -200 | Closed |
|
109
BNP Paribas Financial Markets
Paris,
France
| – | -$576 | -68 | Closed |
|
|
TWA
110
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -66 | Closed |
|
MERC Hedge Fund Activity: Q4 2016 in Review
95 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q4 2016, worth a combined $558M — up 25% from $448M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MERC and 10 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 29 added.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $2.22M. The largest seller was Acadian Asset Management, cutting an estimated $2.45M.
- 95 institutional investors held Mercer International (MERC) as of Q4 2016, down from 101 in Q3 2016.
- Funds reported $558M of Mercer International stock for Q4 2016, up 25% quarter-over-quarter.
- 10 funds opened new Mercer International positions in Q4 2016 and 15 closed out, a net change of -5 holders.
- The largest Mercer International buyer in Q4 2016 was Portolan Capital Management, an estimated $2.22M added.
- The largest Mercer International seller in Q4 2016 was Acadian Asset Management, an estimated $2.45M sold.
Based on aggregated 13F filings for Q4 2016.