Hedge Fund News From HedgeCo.Net


Where Some Hedge Funds Stand on Mercer International

Seeking Alpha – Philip Falcone’s hedge fund firm Harbinger Capital Partners recently filed an amended 13G with the SEC due to activity on April 23rd, 2010. In it, we learn that the fund owns a 6.11% stake in Mercer International (MERC) with 2,228,194 shares.

This is the exact same amount of shares the fund held on December 31st, 2009, when we took a look at Harbinger’s portfolio. So, there has been no change in its position. While not as exciting as a ‘buy’ or ‘sell’, we just wanted to update you on its ‘hold’ status since they filed a disclosure.

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