Mercer International
MERC
134 hedge funds and large institutions have $628M invested in Mercer International in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 45 reducing their positions, and 22 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 45
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less funds holding
Funds holding: 135 → 134 (-1)
4% less capital invested
Capital invested by funds: $654M → $628M (-$26.3M)
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
1.7% less ownership
Funds ownership: 79.51% → 77.8% (-1.7%)
15% less call options, than puts
Call options by funds: $300K | Put options by funds: $353K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$5.24M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.68M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.76M |
| 4 |
BlackRock
New York
|
+$1.68M |
| 5 |
Millennium Management
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Knighthead Capital Management
New York
|
-$9.49M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$5.11M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$4.38M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.75M |
| 5 |
Lazard Asset Management
New York
|
-$2.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
151
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$7 | -624 | Closed |
|
|
CG
152
Cutler Group
San Francisco,
California
| – | -$4K | -319 | Closed |
|
|
GAM
153
Gemmer Asset Management
Walnut Creek,
California
| – | -$2K | -194 | Closed |
|
154
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -163 | Closed |
|
|
TFO
155
Tarbox Family Office
Newport Beach,
California
| – | -$2K | -134 | Closed |
|
|
TWA
156
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -111 | Closed |
|
MERC Hedge Fund Activity: Q4 2019 in Review
134 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q4 2019, worth a combined $628M — down 4% from $654M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of MERC and 21 opened new positions — a net loss of 1 holder — while 45 trimmed existing stakes and 49 added.
The largest buyer was Royce & Associates, adding an estimated $5.24M. The largest seller was Knighthead Capital Management, cutting an estimated $9.49M.
- 134 institutional investors held Mercer International (MERC) as of Q4 2019, down from 135 in Q3 2019.
- Funds reported $628M of Mercer International stock for Q4 2019, down 4% quarter-over-quarter.
- 21 funds opened new Mercer International positions in Q4 2019 and 22 closed out, a net change of -1 holder.
- The largest Mercer International buyer in Q4 2019 was Royce & Associates, an estimated $5.24M added.
- The largest Mercer International seller in Q4 2019 was Knighthead Capital Management, an estimated $9.49M sold.
Based on aggregated 13F filings for Q4 2019.