# Mercer Investments LLC

> Institutional holdings reported to the SEC as of Q1 2024 on Form 13F. CIK 1409728. Source: https://holderbook.com/funds/1409728-mercer-investments-llc/

- Reported value: $62.6M
- Positions: 9
- Weight of the ten largest: 100.0%
- Filed: 2024-05-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| FOMENTO ECONOMICO MEXICANO S | [FMX](https://holderbook.com/stocks/FMX/) | $19.8M | 151,678 | 31.6% | 13 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $15.2M | 83,921 | 24.3% | 22 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $10.0M | 20,814 | 16.0% | 22 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $8.6M | 71,980 | 13.7% | 8 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $4.0M | 2,675 | 6.5% | 11 |
| COMPANIA CERVECERIAS UNIDAS | [CCU](https://holderbook.com/stocks/CCU/) | $2.7M | 227,899 | 4.4% | 13 |
| VANECK ETF TRUST | [ISRA](https://holderbook.com/stocks/ISRA/) | $1.1M | 29,480 | 1.8% | 5 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $995.9K | 12,463 | 1.6% | 12 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $123.7K | 1,244 | 0.2% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2024 | +4.6% | +10.0% | -5.4% | 100% |
| Q4 2023 | +9.5% | +11.2% | -1.7% | 100% |
| Q3 2023 | -4.0% | -3.6% | -0.4% | 100% |
| Q2 2023 | +5.9% | +8.3% | -2.4% | 100% |
| Q1 2023 | +15.0% | +7.0% | +8.0% | 100% |
| Q4 2022 | +15.5% | +7.1% | +8.4% | 100% |
| Q3 2022 | -4.9% | -5.3% | +0.4% | 100% |
| Q2 2022 | -17.7% | -16.5% | -1.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2024 | $62.6M | 9 |
| Q4 2023 | $75.7M | 9 |
| Q3 2023 | $62.5M | 11 |
| Q2 2023 | $69.0M | 11 |
| Q1 2023 | $64.3M | 10 |
| Q4 2022 | $58.4M | 9 |
| Q3 2022 | $51.9M | 10 |
| Q2 2022 | $50.1M | 10 |
| Q1 2022 | $63.1M | 9 |
| Q4 2021 | $64.6M | 9 |
| Q3 2021 | $46.3M | 8 |
| Q2 2021 | $44.3M | 7 |