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Mercer International

135 hedge funds and large institutions have $654M invested in Mercer International in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 61 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

745% more call options, than puts

Call options by funds: $1.99M | Put options by funds: $235K

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.14% less ownership

Funds ownership: 79.65%79.51% (-0.14%)

12% less funds holding

Funds holding: 154135 (-19)

19% less capital invested

Capital invested by funds: $809M → $654M (-$154M)

30% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 61

54% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 35

Holders
135
Holders Change
-19
Holders Change %
-12.34%
% of All Funds
2.96%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
16
Increased
43
Reduced
61
Closed
35
Calls
$1.99M
Puts
$235K
Net Calls
+$1.75M
Net Calls Change
-$8.52M
Name Holding Trade Value Shares
Change
Change in
Stake
IR
1
IAT Reinsurance
New York
$207M +$1.77M +140,000 +0.9%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$62M +$774K +61,254 +1%
BlackRock
3
BlackRock
New York
$51M -$4.53M -358,628 -8%
GCM
4
Gates Capital Management
New York
$46.3M +$12.5M +992,913 +37%
RCM
5
Redwood Capital Management
New York
$26M
KCM
6
Knighthead Capital Management
New York
$24.4M
LSV Asset Management
7
LSV Asset Management
Illinois
$17M +$8.29M +656,700 +94%
RA
8
Royce & Associates
New York
$16.9M +$11.8M +933,802 +225%
Vanguard Group
9
Vanguard Group
Pennsylvania
$16.7M -$764K -60,482 -4%
Renaissance Technologies
10
Renaissance Technologies
New York
$15.9M -$5.59M -442,900 -26%
Northern Trust
11
Northern Trust
Illinois
$15.8M -$179K -14,208 -1%
PAMU
12
Pictet Asset Management (UK)
United Kingdom
$10.7M +$4.5M +355,975 +71%
Acadian Asset Management
13
Acadian Asset Management
Massachusetts
$9.51M -$5.71M -451,766 -37%
Millennium Management
14
Millennium Management
New York
$7.86M +$721K +57,119 +10%
WC
15
Walthausen & Co
New York
$6.64M +$2.07M +163,840 +45%
KTA
16
Keeley-Teton Advisors
Illinois
$6.09M -$243K -19,236 -4%
State Street
17
State Street
Massachusetts
$5.99M -$539K -42,682 -8%
Wells Fargo
18
Wells Fargo
California
$5.28M +$163K +12,888 +3%
FP
19
Foundry Partners
Minnesota
$5.11M -$1.62M -128,455 -24%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$5.07M -$398K -31,530 -7%
Invesco
21
Invesco
Georgia
$5.01M -$65.6K -5,197 -1%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$4.95M -$10.5K -835 -0.2%
BCM
23
Bridgeway Capital Management
Texas
$4.46M -$1.07M -85,000 -19%
SFM
24
Systematic Financial Management
New Jersey
$4.2M -$74.5K -5,900 -2%
Principal Financial Group
25
Principal Financial Group
Iowa
$3.96M -$401K -31,747 -9%

MERC Hedge Fund Activity: Q3 2019 in Review

135 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q3 2019, worth a combined $654M — down 19% from $809M a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of MERC and 16 opened new positions — a net loss of 19 holders — while 61 trimmed existing stakes and 43 added.

The largest buyer was Gates Capital Management, adding an estimated $12.5M. The largest seller was Acadian Asset Management, cutting an estimated $5.71M.

  • 135 institutional investors held Mercer International (MERC) as of Q3 2019, down from 154 in Q2 2019.
  • Funds reported $654M of Mercer International stock for Q3 2019, down 19% quarter-over-quarter.
  • 16 funds opened new Mercer International positions in Q3 2019 and 35 closed out, a net change of -19 holders.
  • The largest Mercer International buyer in Q3 2019 was Gates Capital Management, an estimated $12.5M added.
  • The largest Mercer International seller in Q3 2019 was Acadian Asset Management, an estimated $5.71M sold.

Based on aggregated 13F filings for Q3 2019.