Elizabeth Park Capital Advisors’s Middlefield Banc Corp MBCN Stock Holding History

Elizabeth Park Capital Advisors’s Portfolio MBCN Stock Details MBCN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-96,497	Closed	-$2.9M	–	49
2025 Q3	$2.9M	Buy	96,497 +10,190	+12%	+$306K	2.34%	16
2025 Q2	$2.6M	Buy	86,307 +58,576	+211%	+$1.63M	2.33%	20
2025 Q1	$775K	Buy	27,731 +8,269	+42%	+$216K	0.7%	38
2024 Q4	$546K	Buy	19,462 +18,021	+1,251%	+$536K	0.44%	41
2024 Q3	$41.5K	Buy	+1,441	New	+$37.1K	0.03%	43
2021 Q2	–	Sell	-90,024	Closed	-$1.89M	–	54
2021 Q1	$1.89M	Sell	90,024 -31,677	-26%	-$704K	0.63%	42
2020 Q4	$2.74M	Sell	121,701 -40,481	-25%	-$853K	1.17%	37
2020 Q3	$3.13M	Hold	162,182	–	–	2.05%	25
2020 Q2	$3.37M	Hold	162,182	–	–	2.14%	24
2020 Q1	$2.56M	Hold	162,182	–	–	1.94%	25
2019 Q4	$4.23M	Hold	162,182	–	–	1.66%	27
2019 Q3	$3.79M	Buy	+162,182	New	+$3.65M	1.5%	27

Other funds holding MBCN

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

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

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

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

GLAM

Gardner Lewis Asset Management Chadds Ford, Pennsylvania $462M AUM 65.29% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

GCL

Glazer Capital LLC New York $4.71B AUM 81.93% 1-Year Est. Return

BCM

Bridgeway Capital Management Houston, Texas $4.97B AUM 44.96% 1-Year Est. Return

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

Elizabeth Park Capital Advisors's MBCN Position: Q4 2025 in Review

Elizabeth Park Capital Advisors sold out of Middlefield Banc Corp (MBCN) in Q4 2025, closing a stake of 96,497 shares — an estimated $2.9M sold.

Elizabeth Park Capital Advisors first reported a position in MBCN in Q3 2019 and held it in 12 quarters. The position peaked at $4.23M in Q4 2019. 87 funds tracked by Wall St. Rank hold MBCN as of Q4 2025.

Elizabeth Park Capital Advisors reported no remaining Middlefield Banc Corp position as of Q4 2025 after selling out during the quarter.
Elizabeth Park Capital Advisors sold 96,497 Middlefield Banc Corp shares in Q4 2025, an estimated $2.9M.
Elizabeth Park Capital Advisors first reported a position in Middlefield Banc Corp in Q3 2019 and held it in 12 quarters.
Elizabeth Park Capital Advisors's Middlefield Banc Corp position peaked at $4.23M in Q4 2019.
87 funds tracked by Wall St. Rank held Middlefield Banc Corp as of Q4 2025.

Based on Elizabeth Park Capital Advisors's 13F filing for Q4 2025, filed 17 Feb 2026.