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Mercer International

94 hedge funds and large institutions have $806M invested in Mercer International in 2015 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 16 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,980% more call options, than puts

Call options by funds: $1.44M | Put options by funds: $69K

181% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 16

156% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 9

25% more capital invested

Capital invested by funds: $642M → $806M (+$164M)

18% more funds holding

Funds holding: 8094 (+14)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

Holders
94
Holders Change
+14
Holders Change %
+17.5%
% of All Funds
2.5%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
23
Increased
45
Reduced
16
Closed
9
Calls
$1.44M
Puts
$69K
Net Calls
+$1.37M
Net Calls Change
+$1.56M
Name Holding Trade Value Shares
Change
Change in
Stake
IR
1
IAT Reinsurance
New York
$240M
GCM
2
Gates Capital Management
New York
$157M -$25.3M -1,876,842 -16%
KCM
3
Knighthead Capital Management
New York
$53.7M +$1.36M +101,252 +3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$44.6M +$4.64M +344,806 +13%
RCM
5
Redwood Capital Management
New York
$32.4M
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$29.1M +$11.8M +874,997 +86%
HCM
7
Huber Capital Management
California
$20.6M -$5.16M -383,583 -22%
Vanguard Group
8
Vanguard Group
Pennsylvania
$17M +$5.49M +407,918 +58%
Northern Trust
9
Northern Trust
Illinois
$14.9M +$946K +70,300 +8%
PCM
10
Portolan Capital Management
Massachusetts
$14.1M +$1.08M +80,043 +10%
Renaissance Technologies
11
Renaissance Technologies
New York
$13.6M +$4.62M +343,127 +63%
Morgan Stanley
12
Morgan Stanley
New York
$12M +$4.01M +298,082 +61%
AL
13
AJO LP
Pennsylvania
$9.71M +$8.51M +632,320 New
WC
14
Walthausen & Co
New York
$9.03M -$3.22M -239,060 -29%
AF
15
Aegis Financial
Virginia
$8.33M -$998K -74,103 -12%
HAI
16
Hennessy Advisors Inc
California
$6.25M +$5.48M +407,000 New
RFC
17
Russell Frank Company
Washington
$6.11M +$3.03M +224,833 +130%
NAM
18
NorthCoast Asset Management
Connecticut
$6.01M +$5.27M +391,140 New
OAM
19
Oxford Asset Management
United Kingdom
$5.82M +$207K +15,399 +4%
MCM
20
McKinley Capital Management
Alaska
$5.55M +$2.6M +192,815 +115%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$5.42M +$1.22M +90,800 +35%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$5.32M +$194K +14,378 +4%
Two Sigma Investments
23
Two Sigma Investments
New York
$4.83M +$741K +55,076 +21%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$4.41M +$553K +41,051 +17%
Millennium Management
25
Millennium Management
New York
$4.38M +$1.81M +134,345 +89%

MERC Hedge Fund Activity: Q1 2015 in Review

94 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q1 2015, worth a combined $806M — up 25% from $642M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new MERC positions and 9 closed out — a net gain of 14 holders — while 45 added to existing stakes and 16 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $11.8M. The largest seller was Platinum Investment Management, exiting entirely with an estimated $43.6M sold.

  • 94 institutional investors held Mercer International (MERC) as of Q1 2015, up from 80 in Q4 2014.
  • Funds reported $806M of Mercer International stock for Q1 2015, up 25% quarter-over-quarter.
  • 23 funds opened new Mercer International positions in Q1 2015 and 9 closed out, a net change of +14 holders.
  • The largest Mercer International buyer in Q1 2015 was Acadian Asset Management, an estimated $11.8M added.
  • The largest Mercer International seller in Q1 2015 was Platinum Investment Management, an estimated $43.6M sold.

Based on aggregated 13F filings for Q1 2015.