Mercer International
MERC
102 hedge funds and large institutions have $603M invested in Mercer International in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 35 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
2% more funds holding
Funds holding: 100 → 102 (+2)
10% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $935K
0% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 35
0.49% less ownership
Funds ownership: 81.22% → 80.73% (-0.49%)
2% less capital invested
Capital invested by funds: $615M → $603M (-$11.5M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
+$3.64M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.63M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.46M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.63M |
| 5 |
Renaissance Technologies
New York
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$10.8M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.08M |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
-$1.72M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.45M |
| 5 |
Morgan Stanley
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Walleye Trading
New York
| $82 | – | – | – |
|
|
CSS
102
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$678K | -57,940 | Closed |
|
|
AIM
103
Allen Investment Management
New York
| – | -$632K | -53,984 | Closed |
|
|
OAM
104
Oxford Asset Management
Oxford,
United Kingdom
| – | -$555K | -47,441 | Closed |
|
|
LA
105
Lucus Advisors
New York
| – | -$407K | -34,744 | Closed |
|
|
TI
106
Trexquant Investment
Stamford,
Connecticut
| – | -$267K | -22,842 | Closed |
|
|
ARTA
107
A.R.T. Advisors
New York
| – | -$266K | -22,794 | Closed |
|
|
1GA
108
1st Global Advisors
Dallas,
Texas
| – | -$189K | -16,179 | Closed |
|
|
EMFAT
109
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$168K | -14,375 | Closed |
|
110
AQR Capital Management
Greenwich,
Connecticut
| – | -$156K | -13,373 | Closed |
|
111
Barclays
London,
United Kingdom
| – | -$30K | -2,675 | Closed |
|
MERC Hedge Fund Activity: Q2 2017 in Review
102 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2017, worth a combined $603M — down 1.9% from $615M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MERC positions and 10 closed out — a net gain of 3 holders — while 35 added to existing stakes and 35 trimmed.
The largest buyer was Credit Agricole, opening a new position worth an estimated $3.64M. The largest seller was Gates Capital Management, cutting an estimated $10.8M.
- 102 institutional investors held Mercer International (MERC) as of Q2 2017, up from 100 in Q1 2017.
- Funds reported $603M of Mercer International stock for Q2 2017, down 1.9% quarter-over-quarter.
- 13 funds opened new Mercer International positions in Q2 2017 and 10 closed out, a net change of +3 holders.
- The largest Mercer International buyer in Q2 2017 was Credit Agricole, an estimated $3.64M added.
- The largest Mercer International seller in Q2 2017 was Gates Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2017.