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Mercer International

101 hedge funds and large institutions have $448M invested in Mercer International in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 48 increasing their positions, 27 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 27

50% more capital invested

Capital invested by funds: $298M → $448M (+$149M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

6% less funds holding

Funds holding: 107101 (-6)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

88% less call options, than puts

Call options by funds: $103K | Put options by funds: $827K

Holders
101
Holders Change
-6
Holders Change %
-5.61%
% of All Funds
2.69%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
7
Increased
48
Reduced
27
Closed
13
Calls
$103K
Puts
$827K
Net Calls
-$724K
Net Calls Change
-$696K
Name Holding Trade Value Shares
Change
Change in
Stake
IR
1
IAT Reinsurance
New York
$139M +$132M +15,828,193 +2,520%
GCM
2
Gates Capital Management
New York
$92.8M
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$31.1M +$1.17M +140,459 +4%
KCM
4
Knighthead Capital Management
New York
$22.8M +$486K +58,444 +2%
RCM
5
Redwood Capital Management
New York
$17.8M
HCM
6
Huber Capital Management
California
$11.5M +$594K +71,445 +6%
Renaissance Technologies
7
Renaissance Technologies
New York
$10.4M +$1.03M +124,200 +11%
Northern Trust
8
Northern Trust
Illinois
$10M -$172K -20,734 -2%
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$9.85M -$4.12M -496,156 -30%
Vanguard Group
10
Vanguard Group
Pennsylvania
$7.97M -$4.22M -507,716 -35%
SI
11
Sensato Investors
California
$7.63M -$15K -1,800 -0.2%
WC
12
Walthausen & Co
New York
$7.63M +$4.27M +514,065 +133%
Goldman Sachs
13
Goldman Sachs
New York
$5.43M +$61.7K +7,419 +1%
Morgan Stanley
14
Morgan Stanley
New York
$4.92M -$673K -80,898 -12%
PCM
15
Penn Capital Management
Pennsylvania
$3.61M +$1.28M +153,402 +56%
BIT
16
BlackRock Institutional Trust
California
$3.52M +$342K +41,101 +11%
AF
17
Aegis Financial
Virginia
$3.37M +$58.2K +6,999 +2%
EA
18
Emerald Acquisition
Washington
$3.25M -$540K -65,013 -14%
AL
19
AJO LP
Pennsylvania
$3.25M -$1.62M -194,809 -34%
Wells Fargo
20
Wells Fargo
California
$3.2M +$266K +31,980 +9%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$3.19M +$532K +64,015 +20%
BCM
22
Bridgeway Capital Management
Texas
$3.1M
Geode Capital Management
23
Geode Capital Management
Massachusetts
$2.29M +$3.76K +452 +0.2%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$2.22M +$219K +26,300 +11%
Barclays
25
Barclays
United Kingdom
$2.12M +$2.08M +250,615 New

MERC Hedge Fund Activity: Q3 2016 in Review

101 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2016, worth a combined $448M — up 50% from $298M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of MERC and 7 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 48 added.

The largest buyer was IAT Reinsurance, adding an estimated $132M. The largest seller was Vanguard Group, cutting an estimated $4.22M.

  • 101 institutional investors held Mercer International (MERC) as of Q3 2016, down from 107 in Q2 2016.
  • Funds reported $448M of Mercer International stock for Q3 2016, up 50% quarter-over-quarter.
  • 7 funds opened new Mercer International positions in Q3 2016 and 13 closed out, a net change of -6 holders.
  • The largest Mercer International buyer in Q3 2016 was IAT Reinsurance, an estimated $132M added.
  • The largest Mercer International seller in Q3 2016 was Vanguard Group, an estimated $4.22M sold.

Based on aggregated 13F filings for Q3 2016.