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Merchants Bancorp

70 hedge funds and large institutions have $163M invested in Merchants Bancorp in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 21

0.09% less ownership

Funds ownership: 33.71%33.61% (-0.09%)

8% less funds holding

Funds holding: 7670 (-6)

11% less capital invested

Capital invested by funds: $184M → $163M (-$20.4M)

33% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 15

Holders
70
Holders Change
-6
Holders Change %
-7.89%
% of All Funds
1.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
33
Reduced
21
Closed
15
Calls
$12K
Puts
Net Calls
+$12K
Net Calls Change
-$393K
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
1
Janus Henderson Group
United Kingdom
$23.1M +$7.55M +421,605 +45%
BlackRock
2
BlackRock
New York
$20.8M +$299K +16,707 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$16.8M +$1.56M +87,291 +10%
EMFAT
4
Emerald Mutual Fund Advisers Trust
Pennsylvania
$12.8M -$2.71M -151,492 -17%
Ameriprise
5
Ameriprise
Minnesota
$10.3M +$673K +37,595 +7%
BFC
6
Banc Funds Company
Illinois
$6.54M
State Street
7
State Street
Massachusetts
$6.13M +$1.09M +60,831 +20%
Hotchkis & Wiley Capital Management
8
Hotchkis & Wiley Capital Management
California
$4.92M +$1.76M +98,329 +51%
Northern Trust
9
Northern Trust
Illinois
$4.57M +$411K +22,932 +9%
CCM
10
Castine Capital Management
Massachusetts
$4.51M -$438K -24,466 -8%
BCM
11
Basswood Capital Management
New York
$4.46M -$6.53M -364,675 -58%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$4.16M +$1.39M +77,608 +46%
Boston Partners
13
Boston Partners
Massachusetts
$4.01M -$58.1K -3,243 -1%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$4M +$60.5K +3,377 +1%
JAM
15
Jacobs Asset Management
New York
$3.18M -$473K -26,427 -12%
Stifel Financial
16
Stifel Financial
Missouri
$2.8M +$269K +15,000 +10%
Charles Schwab
17
Charles Schwab
California
$2.14M +$902K +50,335 +67%
AllianceBernstein
18
AllianceBernstein
Tennessee
$1.97M -$126K -7,021 -6%
ECA
19
Endeavour Capital Advisors
Connecticut
$1.84M -$1.62M -90,668 -46%
First Trust Advisors
20
First Trust Advisors
Illinois
$1.66M +$670K +37,383 +61%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$1.52M +$156K +8,708 +11%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$1.33M +$178K +9,961 +14%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$1.13M +$26.2K +1,461 +2%
Deutsche Bank
24
Deutsche Bank
Germany
$1.11M +$343K +19,167 +41%
Morgan Stanley
25
Morgan Stanley
New York
$1.07M -$42.6K -2,378 -4%

MBIN Hedge Fund Activity: Q3 2018 in Review

70 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q3 2018, worth a combined $163M — down 11% from $184M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of MBIN and 10 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 33 added.

The largest buyer was Janus Henderson Group, adding an estimated $7.55M. The largest seller was Basswood Capital Management, cutting an estimated $6.53M.

  • 70 institutional investors held Merchants Bancorp (MBIN) as of Q3 2018, down from 76 in Q2 2018.
  • Funds reported $163M of Merchants Bancorp stock for Q3 2018, down 11% quarter-over-quarter.
  • 10 funds opened new Merchants Bancorp positions in Q3 2018 and 15 closed out, a net change of -5 holders.
  • The largest Merchants Bancorp buyer in Q3 2018 was Janus Henderson Group, an estimated $7.55M added.
  • The largest Merchants Bancorp seller in Q3 2018 was Basswood Capital Management, an estimated $6.53M sold.

Based on aggregated 13F filings for Q3 2018.