Merchants Bancorp
MBIN
69 hedge funds and large institutions have $128M invested in Merchants Bancorp in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 10 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
0.23% less ownership
Funds ownership: 33.61% → 33.38% (-0.23%)
1% less funds holding
Funds holding: 70 → 69 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
22% less capital invested
Capital invested by funds: $163M → $128M (-$35.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.74M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$1.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$896K |
| 4 |
BCM
Basswood Capital Management
New York
|
+$868K |
| 5 |
Bank of New York Mellon
New York
|
+$747K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$4.51M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$839K |
| 3 |
Millennium Management
New York
|
-$795K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$721K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$461K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
76
Highbridge Capital Management
New York
| – | -$326K | -19,236 | Closed |
|
|
SI
77
Stephens Inc
Little Rock,
Arkansas
| – | -$254K | -15,000 | Closed |
|
78
Wellington Management Group
Boston,
Massachusetts
| – | -$241K | -14,279 | Closed |
|
|
ECM
79
Element Capital Management
New York
| – | -$240K | -14,169 | Closed |
|
MBIN Hedge Fund Activity: Q4 2018 in Review
69 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q4 2018, worth a combined $128M — down 22% from $163M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MBIN and 9 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 28 added.
The largest buyer was Martingale Asset Management, opening a new position worth an estimated $1.74M. The largest seller was Castine Capital Management, exiting entirely with an estimated $4.51M sold.
- 69 institutional investors held Merchants Bancorp (MBIN) as of Q4 2018, down from 70 in Q3 2018.
- Funds reported $128M of Merchants Bancorp stock for Q4 2018, down 22% quarter-over-quarter.
- 9 funds opened new Merchants Bancorp positions in Q4 2018 and 10 closed out, a net change of -1 holder.
- The largest Merchants Bancorp buyer in Q4 2018 was Martingale Asset Management, an estimated $1.74M added.
- The largest Merchants Bancorp seller in Q4 2018 was Castine Capital Management, an estimated $4.51M sold.
Based on aggregated 13F filings for Q4 2018.