Mercer International
MERC
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.
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: 62 → 55 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$5.37M |
| 2 |
GCM
Gates Capital Management
New York
|
+$5.07M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$4.26M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.88M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$8.38M |
| 2 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$7.04M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.83M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.53M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$1.5M |
MERC Hedge Fund Activity: Q2 2014 in Review
55 of the 3,491 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.