Mercer International
MERC
118 hedge funds and large institutions have $854M invested in Mercer International in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 42 reducing their positions, and 15 closing their positions.
1,090% more call options, than puts
Call options by funds: $2.77M | Put options by funds: $233K
37% more capital invested
Capital invested by funds: $624M → $854M (+$230M)
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
1% more funds holding
Funds holding: 117 → 118 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 42
2.2% less ownership
Funds ownership: 77.07% → 74.87% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.56M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.04M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.89M |
| 4 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
+$3.9M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$16.5M |
| 2 |
Man Group
London,
United Kingdom
|
-$4.71M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.14M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$2.12M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
126
Freedom Investment Management
Hartford,
Connecticut
| – | -$160K | -12,843 | Closed |
|
127
Teacher Retirement System of Texas
Austin,
Texas
| – | -$125K | -10,074 | Closed |
|
128
Simplex Trading
Chicago,
Illinois
| – | -$147K | -9,767 | Closed |
|
129
Barclays
London,
United Kingdom
| – | -$74K | -5,957 | Closed |
|
|
PMFA
130
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$4K | -361 | Closed |
|
|
OSAM
131
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -108 | Closed |
|
|
FGAM
132
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1K | -79 | Closed |
|
MERC Hedge Fund Activity: Q2 2018 in Review
118 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2018, worth a combined $854M — up 37% from $624M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MERC positions and 15 closed out — a net gain of 4 holders — while 40 added to existing stakes and 42 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $5.56M. The largest seller was Gates Capital Management, cutting an estimated $16.5M.
- 118 institutional investors held Mercer International (MERC) as of Q2 2018, up from 117 in Q1 2018.
- Funds reported $854M of Mercer International stock for Q2 2018, up 37% quarter-over-quarter.
- 19 funds opened new Mercer International positions in Q2 2018 and 15 closed out, a net change of +4 holders.
- The largest Mercer International buyer in Q2 2018 was Renaissance Technologies, an estimated $5.56M added.
- The largest Mercer International seller in Q2 2018 was Gates Capital Management, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2018.