Mercer International
MERC
114 hedge funds and large institutions have $514M invested in Mercer International in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 42 reducing their positions, and 14 closing their positions.
387% more call options, than puts
Call options by funds: $643K | Put options by funds: $132K
62% more capital invested
Capital invested by funds: $318M → $514M (+$196M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
6% more funds holding
Funds holding: 108 → 114 (+6)
1.74% more ownership
Funds ownership: 74.38% → 76.12% (+1.7%)
31% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$10.5M |
| 2 |
FSCM
First Sabrepoint Capital Management
Dallas,
Texas
|
+$1.6M |
| 3 |
BlackRock
New York
|
+$1.43M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.26M |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.33M |
| 2 |
KCM
Knighthead Capital Management
New York
|
-$3.19M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.28M |
| 4 |
RA
Royce & Associates
New York
|
-$1.83M |
| 5 |
GCM
Gates Capital Management
New York
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fidelity Investments
Boston,
Massachusetts
| – | +$8 | +1 | New |
|
127
Rockefeller Capital Management
New York
| – | +$256 | +32 | New |
|
MERC Hedge Fund Activity: Q4 2020 in Review
114 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q4 2020, worth a combined $514M — up 62% from $318M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MERC positions and 14 closed out — a net gain of 6 holders — while 29 added to existing stakes and 42 trimmed.
The largest buyer was Maple Rock Capital Partners, opening a new position worth an estimated $10.5M. The largest seller was Millennium Management, cutting an estimated $4.33M.
- 114 institutional investors held Mercer International (MERC) as of Q4 2020, up from 108 in Q3 2020.
- Funds reported $514M of Mercer International stock for Q4 2020, up 62% quarter-over-quarter.
- 20 funds opened new Mercer International positions in Q4 2020 and 14 closed out, a net change of +6 holders.
- The largest Mercer International buyer in Q4 2020 was Maple Rock Capital Partners, an estimated $10.5M added.
- The largest Mercer International seller in Q4 2020 was Millennium Management, an estimated $4.33M sold.
Based on aggregated 13F filings for Q4 2020.