Mercer International
MERC
116 hedge funds and large institutions have $498M invested in Mercer International in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 32 reducing their positions, and 21 closing their positions.
8,417% more call options, than puts
Call options by funds: $48.8M | Put options by funds: $573K
59% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 32
11% more capital invested
Capital invested by funds: $450M → $498M (+$47.8M)
3.28% more ownership
Funds ownership: 83.99% → 87.26% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less funds holding
Funds holding: 123 → 116 (-7)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$16.4M |
| 2 |
GCM
Gates Capital Management
New York
|
+$11.7M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.94M |
| 4 |
BCA
Boundary Creek Advisors
New York
|
+$2.83M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$8.08M |
| 2 |
Millennium Management
New York
|
-$3.44M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.06M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.7M |
| 5 |
MIM
Merrion Investment Management
Cranford,
New Jersey
|
-$2.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WG
126
Winton Group
London,
United Kingdom
| – | -$202K | -25,019 | Closed |
|
127
UBS Group
Zurich,
Switzerland
| – | -$149K | -18,445 | Closed |
|
|
SSA
128
Schonfeld Strategic Advisors
New York
| – | -$141K | -17,500 | Closed |
|
129
HighTower Advisors
Chicago,
Illinois
| – | -$127K | -15,885 | Closed |
|
|
MM
130
MQS Management
New York
| – | -$118K | -14,618 | Closed |
|
131
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$56.5K | -7,000 | Closed |
|
132
KBC Group
Brussels,
Belgium
| – | -$27K | -3,346 | Closed |
|
133
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1.43K | -166 | -92% |
|
|
AF
134
Allworth Financial
Folsom,
California
| – | -$1.26K | -156 | Closed |
|
|
PFBT
135
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$945 | -117 | Closed |
|
136
US Bancorp
Minneapolis,
Minnesota
| – | -$638 | -79 | Closed |
|
137
Osaic Holdings
Scottsdale,
Arizona
| – | -$104 | -13 | Closed |
|
MERC Hedge Fund Activity: Q3 2023 in Review
116 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2023, worth a combined $498M — up 11% from $450M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MERC and 17 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 51 added.
The largest buyer was Cowen and Company, adding an estimated $16.4M. The largest seller was Huber Capital Management, exiting entirely with an estimated $8.08M sold.
- 116 institutional investors held Mercer International (MERC) as of Q3 2023, down from 123 in Q2 2023.
- Funds reported $498M of Mercer International stock for Q3 2023, up 11% quarter-over-quarter.
- 17 funds opened new Mercer International positions in Q3 2023 and 21 closed out, a net change of -4 holders.
- The largest Mercer International buyer in Q3 2023 was Cowen and Company, an estimated $16.4M added.
- The largest Mercer International seller in Q3 2023 was Huber Capital Management, an estimated $8.08M sold.
Based on aggregated 13F filings for Q3 2023.