Merchants Bancorp
MBIN
106 hedge funds and large institutions have $275M invested in Merchants Bancorp in 2021 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 44 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
59% more capital invested
Capital invested by funds: $173M → $275M (+$102M)
15% more funds holding
Funds holding: 92 → 106 (+14)
1.52% more ownership
Funds ownership: 32.68% → 34.2% (+1.5%)
32% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
+$4.5M |
| 2 |
BlackRock
New York
|
+$3.44M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.39M |
| 4 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$1.41M |
| 5 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.38M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$1.63M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$999K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$718K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$628K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Federated Hermes
Pittsburgh,
Pennsylvania
| $9K | -$1.69K | -73 | -19% |
|
102
Schroder Investment Management Group
London,
United Kingdom
| $8K | – | – | – |
|
|
IAIM
103
International Assets Investment Management
Orlando,
Florida
| $6K | – | – | – |
|
|
FHA
104
First Horizon Advisors
Memphis,
Tennessee
| $2K | +$2.48K | +107 | New |
|
|
AIG
105
American International Group
New York
| $213 | +$487 | +21 | +0.3% |
|
|
WCM
106
Wedge Capital Management
Charlotte,
North Carolina
| – | -$999K | -54,252 | Closed |
|
|
EGM
107
Engineers Gate Manager
New York
| – | -$326K | -17,700 | Closed |
|
|
LP
108
LMR Partners
London,
United Kingdom
| – | -$263K | -14,282 | Closed |
|
109
Squarepoint
New York
| – | -$261K | -14,148 | Closed |
|
110
Axa
Paris,
France
| – | -$207K | -11,250 | Closed |
|
111
Acadian Asset Management
Boston,
Massachusetts
| – | -$45K | -2,465 | Closed |
|
|
ASN
112
Advisory Services Network
Atlanta,
Georgia
| – | -$8K | -450 | Closed |
|
|
SFS
113
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$93 | -4 | -22% |
|
MBIN Hedge Fund Activity: Q1 2021 in Review
106 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q1 2021, worth a combined $275M — up 59% from $173M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MBIN positions and 7 closed out — a net gain of 14 holders — while 30 added to existing stakes and 44 trimmed.
The largest buyer was Voss Capital, adding an estimated $4.5M. The largest seller was Ameriprise, cutting an estimated $7.38M.
- 106 institutional investors held Merchants Bancorp (MBIN) as of Q1 2021, up from 92 in Q4 2020.
- Funds reported $275M of Merchants Bancorp stock for Q1 2021, up 59% quarter-over-quarter.
- 21 funds opened new Merchants Bancorp positions in Q1 2021 and 7 closed out, a net change of +14 holders.
- The largest Merchants Bancorp buyer in Q1 2021 was Voss Capital, an estimated $4.5M added.
- The largest Merchants Bancorp seller in Q1 2021 was Ameriprise, an estimated $7.38M sold.
Based on aggregated 13F filings for Q1 2021.