Merchants Bancorp
MBIN
124 hedge funds and large institutions have $267M invested in Merchants Bancorp in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 40 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
15% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 40
14% more capital invested
Capital invested by funds: $234M → $267M (+$33M)
9% more funds holding
Funds holding: 114 → 124 (+10)
0.23% more ownership
Funds ownership: 23.52% → 23.75% (+0.23%)
75% less call options, than puts
Call options by funds: $70K | Put options by funds: $284K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5.18M |
| 2 |
JP Morgan Chase
New York
|
+$4.53M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.62M |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.93M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$3.19M |
| 3 |
Millennium Management
New York
|
-$2.49M |
| 4 |
Goldman Sachs
New York
|
-$1.66M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Prelude Capital Management
New York
| – | -$1.06M | -43,388 | Closed |
|
|
EPCA
127
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
| – | -$1.04M | -42,808 | Closed |
|
128
HSBC Holdings
London,
United Kingdom
| – | -$767K | -31,435 | Closed |
|
|
XT
129
XTX Topco
George Town,
Cayman Islands
| – | -$356K | -14,633 | Closed |
|
130
Allianz Asset Management
Munich,
Germany
| – | -$260K | -10,695 | Closed |
|
|
VIA
131
Virtus Investment Advisers
Hartford,
Connecticut
| – | -$112K | -4,588 | Closed |
|
|
ACM
132
Aquatic Capital Management
Chicago,
Illinois
| – | -$44K | -1,800 | Closed |
|
|
DFCM
133
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$17.1K | -705 | Closed |
|
MBIN Hedge Fund Activity: Q1 2023 in Review
124 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q1 2023, worth a combined $267M — up 14% from $234M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MBIN positions and 9 closed out — a net gain of 10 holders — while 46 added to existing stakes and 40 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $5.18M. The largest seller was BlackRock, cutting an estimated $5.93M.
- 124 institutional investors held Merchants Bancorp (MBIN) as of Q1 2023, up from 114 in Q4 2022.
- Funds reported $267M of Merchants Bancorp stock for Q1 2023, up 14% quarter-over-quarter.
- 19 funds opened new Merchants Bancorp positions in Q1 2023 and 9 closed out, a net change of +10 holders.
- The largest Merchants Bancorp buyer in Q1 2023 was FJ Capital Management, an estimated $5.18M added.
- The largest Merchants Bancorp seller in Q1 2023 was BlackRock, an estimated $5.93M sold.
Based on aggregated 13F filings for Q1 2023.