Mercer International
MERC
104 hedge funds and large institutions have $353M invested in Mercer International in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
12% more call options, than puts
Call options by funds: $143K | Put options by funds: $128K
6% more funds holding
Funds holding: 98 → 104 (+6)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
1% more capital invested
Capital invested by funds: $351M → $353M (+$1.77M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.14M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$3.33M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$2.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.1M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$10.9M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$3.71M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$2.32M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.29M |
| 5 |
KCM
Knighthead Capital Management
New York
|
-$2.09M |
MERC Hedge Fund Activity: Q1 2016 in Review
104 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q1 2016, worth a combined $353M — up 0.5% from $351M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MERC positions and 17 closed out — a net gain of 6 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $4.14M. The largest seller was Gates Capital Management, cutting an estimated $10.9M.
- 104 institutional investors held Mercer International (MERC) as of Q1 2016, up from 98 in Q4 2015.
- Funds reported $353M of Mercer International stock for Q1 2016, up 0.5% quarter-over-quarter.
- 23 funds opened new Mercer International positions in Q1 2016 and 17 closed out, a net change of +6 holders.
- The largest Mercer International buyer in Q1 2016 was Portolan Capital Management, an estimated $4.14M added.
- The largest Mercer International seller in Q1 2016 was Gates Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2016.