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Mercer International

97 hedge funds and large institutions have $734M invested in Mercer International in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $580K | Put options by funds: $166K

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

3% more funds holding

Funds holding: 9497 (+3)

9% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 32

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

9% less capital invested

Capital invested by funds: $806M → $734M (-$71.3M)

Holders
97
Holders Change
+3
Holders Change %
+3.19%
% of All Funds
2.61%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
19
Increased
35
Reduced
32
Closed
16
Calls
$580K
Puts
$166K
Net Calls
+$414K
Net Calls Change
-$952K
Name Holding Trade Value Shares
Change
Change in
Stake
IR
1
IAT Reinsurance
New York
$216M +$2.15M +150,000 +1%
GCM
2
Gates Capital Management
New York
$143M +$3.21M +223,563 +2%
KCM
3
Knighthead Capital Management
New York
$47.8M
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$42.5M +$2.94M +204,927 +7%
RCM
5
Redwood Capital Management
New York
$28.8M
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$28.3M +$2.5M +174,483 +9%
PCM
7
Portolan Capital Management
Massachusetts
$16.5M +$4.13M +287,715 +31%
Vanguard Group
8
Vanguard Group
Pennsylvania
$16.1M +$1M +69,733 +6%
HCM
9
Huber Capital Management
California
$13.5M -$5.11M -356,211 -27%
Northern Trust
10
Northern Trust
Illinois
$13.2M -$132K -9,187 -0.9%
Renaissance Technologies
11
Renaissance Technologies
New York
$12.3M +$146K +10,200 +1%
Goldman Sachs
12
Goldman Sachs
New York
$8.97M +$9.4M +655,426 New
AL
13
AJO LP
Pennsylvania
$8.57M -$84.8K -5,910 -0.9%
WC
14
Walthausen & Co
New York
$8.02M -$24K -1,670 -0.3%
AF
15
Aegis Financial
Virginia
$7.42M
Morgan Stanley
16
Morgan Stanley
New York
$7.13M -$3.76M -261,825 -33%
MCM
17
McKinley Capital Management
Alaska
$6.97M +$2.13M +148,439 +41%
RFC
18
Russell Frank Company
Washington
$6.6M +$1.21M +84,213 +21%
NAM
19
NorthCoast Asset Management
Connecticut
$5.87M +$539K +37,598 +10%
UBS Group
20
UBS Group
Switzerland
$5.5M +$2.36M +164,758 +69%
HAI
21
Hennessy Advisors Inc
California
$5.18M -$402K -28,000 -7%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$4.32M +$408K +28,458 +10%
CAM
23
ClariVest Asset Management
California
$3.84M +$8.66K +604 +0.2%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$3.84M +$73.5K +5,122 +2%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$3.83M -$607K -42,300 -13%

MERC Hedge Fund Activity: Q2 2015 in Review

97 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2015, worth a combined $734M — down 8.8% from $806M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new MERC positions and 16 closed out — a net gain of 3 holders — while 35 added to existing stakes and 32 trimmed.

The largest buyer was Goldman Sachs, opening a new position worth an estimated $9.4M. The largest seller was Huber Capital Management, cutting an estimated $5.11M.

  • 97 institutional investors held Mercer International (MERC) as of Q2 2015, up from 94 in Q1 2015.
  • Funds reported $734M of Mercer International stock for Q2 2015, down 8.8% quarter-over-quarter.
  • 19 funds opened new Mercer International positions in Q2 2015 and 16 closed out, a net change of +3 holders.
  • The largest Mercer International buyer in Q2 2015 was Goldman Sachs, an estimated $9.4M added.
  • The largest Mercer International seller in Q2 2015 was Huber Capital Management, an estimated $5.11M sold.

Based on aggregated 13F filings for Q2 2015.