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Mercer International

55 hedge funds and large institutions have $396M invested in Mercer International in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 12

37% more capital invested

Capital invested by funds: $290M → $396M (+$106M)

11% less funds holding

Funds holding: 6255 (-7)

14% less call options, than puts

Call options by funds: $138K | Put options by funds: $160K

35% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 20

Holders
55
Holders Change
-7
Holders Change %
-11.29%
% of All Funds
1.58%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
21
Reduced
12
Closed
20
Calls
$138K
Puts
$160K
Net Calls
-$22K
Net Calls Change
+$433K
Name Holding Trade Value Shares
Change
Change in
Stake
GCM
1
Gates Capital Management
New York
$125M +$5.07M +581,651 +5%
PIM
2
Platinum Investment Management
Australia
$83M
KCM
3
Knighthead Capital Management
New York
$35.1M
HCM
4
Huber Capital Management
California
$28.2M +$5.37M +616,186 +30%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$24.1M +$912K +104,705 +5%
1832 Asset Management
6
1832 Asset Management
Ontario, Canada
$16.7M +$4.26M +488,251 +44%
RCM
7
Redwood Capital Management
New York
$13.7M
AF
8
Aegis Financial
Virginia
$9.96M +$93K +10,677 +1%
Northern Trust
9
Northern Trust
Illinois
$8.6M +$569K +65,246 +9%
WC
10
Walthausen & Co
New York
$8.11M -$8.38M -961,360 -55%
Morgan Stanley
11
Morgan Stanley
New York
$5.54M -$36.5K -4,193 -0.8%
Vanguard Group
12
Vanguard Group
Pennsylvania
$3.88M +$78.5K +9,003 +2%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.47M +$2.88M +330,000 +59,353%
Franklin Resources
14
Franklin Resources
California
$3.18M
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$3M +$1.18M +135,377 +90%
California Public Employees Retirement System
16
California Public Employees Retirement System
California
$2.71M -$368K -42,200 -14%
LMGAM
17
Liberty Mutual Group Asset Management
Massachusetts
$2.04M -$907K -104,130 -35%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$1.89M +$1.14M +130,336 +261%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$1.57M
BCM
20
Bridgeway Capital Management
Texas
$1.51M -$7.84K -900 -0.6%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$1.48M -$758K -86,933 -38%
Two Sigma Investments
22
Two Sigma Investments
New York
$1.39M +$604K +69,319 +110%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$1.25M +$759K +87,100 +276%
PP
24
PDT Partners
New York
$996K +$110K +12,600 +15%
CIBC Private Wealth Group
25
CIBC Private Wealth Group
Georgia
$893K

MERC Hedge Fund Activity: Q2 2014 in Review

55 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2014, worth a combined $396M — up 37% from $290M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of MERC and 13 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 21 added.

The largest buyer was Huber Capital Management, adding an estimated $5.37M. The largest seller was Walthausen & Co, cutting an estimated $8.38M.

  • 55 institutional investors held Mercer International (MERC) as of Q2 2014, down from 62 in Q1 2014.
  • Funds reported $396M of Mercer International stock for Q2 2014, up 37% quarter-over-quarter.
  • 13 funds opened new Mercer International positions in Q2 2014 and 20 closed out, a net change of -7 holders.
  • The largest Mercer International buyer in Q2 2014 was Huber Capital Management, an estimated $5.37M added.
  • The largest Mercer International seller in Q2 2014 was Walthausen & Co, an estimated $8.38M sold.

Based on aggregated 13F filings for Q2 2014.