Mercer International
MERC
119 hedge funds and large institutions have $544M invested in Mercer International in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 14 closing their positions.
1,394% more call options, than puts
Call options by funds: $32.4M | Put options by funds: $2.17M
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
9% more capital invested
Capital invested by funds: $498M → $544M (+$45.8M)
3% more funds holding
Funds holding: 116 → 119 (+3)
0.99% less ownership
Funds ownership: 87.26% → 86.27% (-0.99%)
16% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 44
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Boundary Creek Advisors
New York
|
+$12.3M |
| 2 |
HIG
Herr Investment Group
Austin,
Texas
|
+$4.95M |
| 3 |
Morgan Stanley
New York
|
+$3.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.31M |
| 5 |
BlackRock
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$21.5M |
| 2 |
Millennium Management
New York
|
-$5.84M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.55M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.49M |
| 5 |
Renaissance Technologies
New York
|
-$913K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Verition Fund Management
Greenwich,
Connecticut
| – | -$169K | -19,666 | Closed |
|
127
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$139K | -16,207 | Closed |
|
|
HIMC
128
Heritage Investors Management Corp
Bethesda,
Maryland
| – | -$129K | -15,012 | Closed |
|
|
GCM
129
Graham Capital Management
Rowayton,
Connecticut
| – | -$128K | -14,890 | Closed |
|
|
FRM
130
Fox Run Management
Greenwich,
Connecticut
| – | -$98.4K | -11,466 | Closed |
|
|
SSG
131
Summit Securities Group
New York
| – | -$10K | -1,175 | Closed |
|
|
S
132
SignatureFD
Atlanta,
Georgia
| – | -$523 | -61 | Closed |
|
MERC Hedge Fund Activity: Q4 2023 in Review
119 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q4 2023, worth a combined $544M — up 9.2% from $498M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MERC positions and 14 closed out — a net gain of 3 holders — while 37 added to existing stakes and 44 trimmed.
The largest buyer was Boundary Creek Advisors, adding an estimated $12.3M. The largest seller was Gates Capital Management, cutting an estimated $21.5M.
- 119 institutional investors held Mercer International (MERC) as of Q4 2023, up from 116 in Q3 2023.
- Funds reported $544M of Mercer International stock for Q4 2023, up 9.2% quarter-over-quarter.
- 17 funds opened new Mercer International positions in Q4 2023 and 14 closed out, a net change of +3 holders.
- The largest Mercer International buyer in Q4 2023 was Boundary Creek Advisors, an estimated $12.3M added.
- The largest Mercer International seller in Q4 2023 was Gates Capital Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q4 2023.