Mercer International
MERC
100 hedge funds and large institutions have $615M invested in Mercer International in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
84% more call options, than puts
Call options by funds: $1.14M | Put options by funds: $620K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more capital invested
Capital invested by funds: $558M → $615M (+$56.7M)
5% more funds holding
Funds holding: 95 → 100 (+5)
0.22% more ownership
Funds ownership: 80.99% → 81.22% (+0.22%)
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.49M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.64M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.47M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.92M |
| 5 |
Millennium Management
New York
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$10.7M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$8.53M |
| 3 |
KCM
Knighthead Capital Management
New York
|
-$4.36M |
| 4 |
RCM
Redwood Capital Management
New York
|
-$2.07M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.97M |
MERC Hedge Fund Activity: Q1 2017 in Review
100 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q1 2017, worth a combined $615M — up 10% from $558M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MERC positions and 8 closed out — a net gain of 10 holders — while 31 added to existing stakes and 38 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $5.49M. The largest seller was Gates Capital Management, cutting an estimated $10.7M.
- 100 institutional investors held Mercer International (MERC) as of Q1 2017, up from 95 in Q4 2016.
- Funds reported $615M of Mercer International stock for Q1 2017, up 10% quarter-over-quarter.
- 18 funds opened new Mercer International positions in Q1 2017 and 8 closed out, a net change of +10 holders.
- The largest Mercer International buyer in Q1 2017 was BlackRock, an estimated $5.49M added.
- The largest Mercer International seller in Q1 2017 was Gates Capital Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2017.