Merchants Bancorp
MBIN
76 hedge funds and large institutions have $94.4M invested in Merchants Bancorp in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 41 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
3% more funds holding
Funds holding: 74 → 76 (+2)
0.07% less ownership
Funds ownership: 32.49% → 32.42% (-0.07%)
23% less capital invested
Capital invested by funds: $123M → $94.4M (-$28.2M)
54% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$999K |
| 2 |
BCM
Basswood Capital Management
New York
|
+$705K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$588K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$536K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$863K |
| 2 |
Renaissance Technologies
New York
|
-$857K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$480K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$460K |
| 5 |
BlackRock
New York
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$248K | -18,888 | Closed |
|
|
EGM
77
Engineers Gate Manager
New York
| – | -$217K | -16,481 | Closed |
|
|
FBC
78
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$208K | -15,843 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$22K | -1,647 | Closed |
|
|
FGAM
80
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$20K | -36 | Closed |
|
MBIN Hedge Fund Activity: Q1 2020 in Review
76 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q1 2020, worth a combined $94.4M — down 23% from $123M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MBIN positions and 5 closed out — a net gain of 4 holders — while 19 added to existing stakes and 41 trimmed.
The largest buyer was Cornercap Investment Counsel, opening a new position worth an estimated $999K. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $863K.
- 76 institutional investors held Merchants Bancorp (MBIN) as of Q1 2020, up from 74 in Q4 2019.
- Funds reported $94.4M of Merchants Bancorp stock for Q1 2020, down 23% quarter-over-quarter.
- 9 funds opened new Merchants Bancorp positions in Q1 2020 and 5 closed out, a net change of +4 holders.
- The largest Merchants Bancorp buyer in Q1 2020 was Cornercap Investment Counsel, an estimated $999K added.
- The largest Merchants Bancorp seller in Q1 2020 was Hotchkis & Wiley Capital Management, an estimated $863K sold.
Based on aggregated 13F filings for Q1 2020.