Merchants Bancorp
MBIN
114 hedge funds and large institutions have $271M invested in Merchants Bancorp in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 46 increasing their positions, 42 reducing their positions, and 20 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
2% more capital invested
Capital invested by funds: $267M → $271M (+$4.07M)
0.8% more ownership
Funds ownership: 23.75% → 24.55% (+0.8%)
8% less funds holding
Funds holding: 124 → 114 (-10)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
98% less call options, than puts
Call options by funds: $5K | Put options by funds: $301K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.72M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.71M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.7M |
| 4 |
JP Morgan Chase
New York
|
+$2.65M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.44M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.78M |
| 3 |
BlackRock
New York
|
-$1.7M |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$1.07M |
| 5 |
AG
Algert Global
San Francisco,
California
|
-$862K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Victory Capital Management
San Antonio,
Texas
| – | -$250K | -9,619 | Closed |
|
127
SEI Investments
Oaks,
Pennsylvania
| – | -$229K | -8,782 | Closed |
|
|
TI
128
Trexquant Investment
Stamford,
Connecticut
| – | -$227K | -8,710 | Closed |
|
|
OSAM
129
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$204K | -7,816 | Closed |
|
130
SG Americas Securities
New York
| – | -$169K | -6,476 | Closed |
|
|
ASN
131
Advisory Services Network
Atlanta,
Georgia
| – | -$126K | -4,847 | Closed |
|
|
BAM
132
Belpointe Asset Management
Reno,
Nevada
| – | -$7.99K | -307 | Closed |
|
133
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -45 | Closed |
|
|
LC
134
Lindbrook Capital
Calabasas,
California
| – | -$911 | -35 | Closed |
|
MBIN Hedge Fund Activity: Q2 2023 in Review
114 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q2 2023, worth a combined $271M — up 1.5% from $267M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MBIN and 11 opened new positions — a net loss of 9 holders — while 42 trimmed existing stakes and 46 added.
The largest buyer was FJ Capital Management, adding an estimated $2.72M. The largest seller was Goldman Sachs, cutting an estimated $2.44M.
- 114 institutional investors held Merchants Bancorp (MBIN) as of Q2 2023, down from 124 in Q1 2023.
- Funds reported $271M of Merchants Bancorp stock for Q2 2023, up 1.5% quarter-over-quarter.
- 11 funds opened new Merchants Bancorp positions in Q2 2023 and 20 closed out, a net change of -9 holders.
- The largest Merchants Bancorp buyer in Q2 2023 was FJ Capital Management, an estimated $2.72M added.
- The largest Merchants Bancorp seller in Q2 2023 was Goldman Sachs, an estimated $2.44M sold.
Based on aggregated 13F filings for Q2 2023.