Mercer International
MERC
44 hedge funds and large institutions have $214M invested in Mercer International in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 4 closing their positions.
1,064% more call options, than puts
Call options by funds: $163K | Put options by funds: $14K
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
12% more capital invested
Capital invested by funds: $191M → $214M (+$23M)
6% less funds holding
Funds holding: 47 → 44 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
+$3.12M |
| 2 |
GCM
Gates Capital Management
New York
|
+$2.55M |
| 3 |
AF
Aegis Financial
Mc Lean,
Virginia
|
+$2.34M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
+$1.34M |
| 5 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Steelhead Partners
Seattle,
Washington
|
-$2.68M |
| 2 |
D.E. Shaw & Co
New York
|
-$938K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$162K |
| 4 |
MFP
Michael F. Price
|
-$129K |
| 5 |
LMF
LMR Master Fund
Grand Cayman,
Cayman Islands
|
-$102K |
MERC Hedge Fund Activity: Q3 2013 in Review
44 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2013, worth a combined $214M — up 12% from $191M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MERC and 1 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was Walthausen & Co, adding an estimated $3.12M. The largest seller was Steelhead Partners, exiting entirely with an estimated $2.68M sold.
- 44 institutional investors held Mercer International (MERC) as of Q3 2013, down from 47 in Q2 2013.
- Funds reported $214M of Mercer International stock for Q3 2013, up 12% quarter-over-quarter.
- 1 fund opened new Mercer International positions in Q3 2013 and 4 closed out, a net change of -3 holders.
- The largest Mercer International buyer in Q3 2013 was Walthausen & Co, an estimated $3.12M added.
- The largest Mercer International seller in Q3 2013 was Steelhead Partners, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2013.