Merchants Bancorp
MBIN
70 hedge funds and large institutions have $163M invested in Merchants Bancorp in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 15 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
0.09% less ownership
Funds ownership: 33.71% → 33.61% (-0.09%)
8% less funds holding
Funds holding: 76 → 70 (-6)
11% less capital invested
Capital invested by funds: $184M → $163M (-$20.4M)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$7.55M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.76M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.56M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.39M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$6.53M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$2.71M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$1.93M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.62M |
| 5 |
Millennium Management
New York
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWNA
76
Marshall Wace North America
New York
| – | -$512K | -26,940 | Closed |
|
|
EGM
77
Engineers Gate Manager
New York
| – | -$492K | -25,889 | Closed |
|
|
GC
78
Gratia Capital
Los Angeles,
California
| – | -$419K | -22,008 | Closed |
|
79
Wolverine Trading
Chicago,
Illinois
| – | -$292K | -20,394 | Closed |
|
80
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$363K | -19,106 | Closed |
|
|
ARTA
81
A.R.T. Advisors
New York
| – | -$257K | -13,523 | Closed |
|
|
CAM
82
ClariVest Asset Management
San Diego,
California
| – | -$146K | -7,694 | Closed |
|
|
HIM
83
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$77K | -4,050 | Closed |
|
|
CCA
84
Catalyst Capital Advisors
Huntington,
New York
| – | -$11K | -555 | Closed |
|
|
PIA
85
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$8K | -420 | Closed |
|
MBIN Hedge Fund Activity: Q3 2018 in Review
70 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q3 2018, worth a combined $163M — down 11% from $184M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MBIN and 10 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 33 added.
The largest buyer was Janus Henderson Group, adding an estimated $7.55M. The largest seller was Basswood Capital Management, cutting an estimated $6.53M.
- 70 institutional investors held Merchants Bancorp (MBIN) as of Q3 2018, down from 76 in Q2 2018.
- Funds reported $163M of Merchants Bancorp stock for Q3 2018, down 11% quarter-over-quarter.
- 10 funds opened new Merchants Bancorp positions in Q3 2018 and 15 closed out, a net change of -5 holders.
- The largest Merchants Bancorp buyer in Q3 2018 was Janus Henderson Group, an estimated $7.55M added.
- The largest Merchants Bancorp seller in Q3 2018 was Basswood Capital Management, an estimated $6.53M sold.
Based on aggregated 13F filings for Q3 2018.