Mercer International
MERC
123 hedge funds and large institutions have $450M invested in Mercer International in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 50 reducing their positions, and 27 closing their positions.
314,176% more call options, than puts
Call options by funds: $53.4M | Put options by funds: $17K
2.85% more ownership
Funds ownership: 81.14% → 83.99% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less funds holding
Funds holding: 132 → 123 (-9)
14% less capital invested
Capital invested by funds: $525M → $450M (-$74.4M)
20% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 50
33% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$33.1M |
| 2 |
BCA
Boundary Creek Advisors
New York
|
+$14.7M |
| 3 |
CAC
Cowen and Company
New York
|
+$12.7M |
| 4 |
AF
Atlas FRM
Greenwich,
Connecticut
|
+$8.62M |
| 5 |
Millennium Management
New York
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$19.6M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$14.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$6.98M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
-$5.58M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.48M |
MERC Hedge Fund Activity: Q2 2023 in Review
123 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Mercer International (MERC) for Q2 2023, worth a combined $450M — down 14% from $525M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of MERC and 18 opened new positions — a net loss of 9 holders — while 50 trimmed existing stakes and 40 added.
The largest buyer was Gates Capital Management, opening a new position worth an estimated $33.1M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $19.6M sold.
- 123 institutional investors held Mercer International (MERC) as of Q2 2023, down from 132 in Q1 2023.
- Funds reported $450M of Mercer International stock for Q2 2023, down 14% quarter-over-quarter.
- 18 funds opened new Mercer International positions in Q2 2023 and 27 closed out, a net change of -9 holders.
- The largest Mercer International buyer in Q2 2023 was Gates Capital Management, an estimated $33.1M added.
- The largest Mercer International seller in Q2 2023 was Wasatch Advisors, an estimated $19.6M sold.
Based on aggregated 13F filings for Q2 2023.