Mercer International
MERC
107 hedge funds and large institutions have $298M invested in Mercer International in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 33 reducing their positions, and 14 closing their positions.
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
18% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 33
3% more funds holding
Funds holding: 104 → 107 (+3)
14% less call options, than puts
Call options by funds: $167K | Put options by funds: $195K
15% less capital invested
Capital invested by funds: $353M → $298M (-$54.2M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.41M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$2.32M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$2.07M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.05M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$3.9M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.22M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.44M |
| 4 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$1.36M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.16M |
MERC Hedge Fund Activity: Q2 2016 in Review
107 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2016, worth a combined $298M — down 15% from $353M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MERC positions and 14 closed out — a net gain of 4 holders — while 39 added to existing stakes and 33 trimmed.
The largest buyer was Penn Capital Management, opening a new position worth an estimated $2.41M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $3.9M sold.
- 107 institutional investors held Mercer International (MERC) as of Q2 2016, up from 104 in Q1 2016.
- Funds reported $298M of Mercer International stock for Q2 2016, down 15% quarter-over-quarter.
- 18 funds opened new Mercer International positions in Q2 2016 and 14 closed out, a net change of +4 holders.
- The largest Mercer International buyer in Q2 2016 was Penn Capital Management, an estimated $2.41M added.
- The largest Mercer International seller in Q2 2016 was Eagle Asset Management, an estimated $3.9M sold.
Based on aggregated 13F filings for Q2 2016.