Element Capital Management’s Merchants Bancorp MBIN Stock Holding History

Element Capital Management’s Portfolio MBIN Stock Details MBIN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-14,169	Closed	-$240K	–	791
2018 Q3	$240K	Buy	14,169 +3,571	+34%	+$64K	﹤0.01%	683
2018 Q2	$202K	Sell	10,598 -11,220	-51%	-$182K	0.01%	720
2018 Q1	$313K	Buy	+21,818	New	+$308K	0.01%	463

Other funds holding MBIN

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

EMFAT

Emerald Mutual Fund Advisers Trust Leola, Pennsylvania $2.06B AUM 106.87% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

BFC

Banc Funds Company Chicago, Illinois $537M AUM 17.34% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BCM

Basswood Capital Management New York $2.12B AUM 19.53% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Element Capital Management's MBIN Position: Q4 2018 in Review

Element Capital Management sold out of Merchants Bancorp (MBIN) in Q4 2018, closing a stake of 14,169 shares — an estimated $240K sold.

Element Capital Management first reported a position in MBIN in Q1 2018 and held it in 3 quarters. The position peaked at $313K in Q1 2018. 69 funds tracked by Wall St. Rank hold MBIN as of Q4 2018.

Element Capital Management reported no remaining Merchants Bancorp position as of Q4 2018 after selling out during the quarter.
Element Capital Management sold 14,169 Merchants Bancorp shares in Q4 2018, an estimated $240K.
Element Capital Management first reported a position in Merchants Bancorp in Q1 2018 and held it in 3 quarters.
Element Capital Management's Merchants Bancorp position peaked at $313K in Q1 2018.
69 funds tracked by Wall St. Rank held Merchants Bancorp as of Q4 2018.

Based on Element Capital Management's 13F filing for Q4 2018, filed 13 Feb 2019.