Merchants Bancshares Inc
MBVT
MBVT was delisted on the 12th of May, 2017.
72 hedge funds and large institutions have $173M invested in Merchants Bancshares Inc in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
100% more capital invested
Capital invested by funds: $86.2M → $173M (+$86.3M)
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
4% more funds holding
Funds holding: 69 → 72 (+3)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$17.9M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$11.6M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$6.19M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$4.76M |
| 5 |
Renaissance Technologies
New York
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$7.45M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.23M |
| 3 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$3.76M |
| 4 |
APFBOT
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
|
-$2.37M |
| 5 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
-$1.16M |
MBVT Hedge Fund Activity: Q4 2016 in Review
72 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancshares Inc (MBVT) for Q4 2016, worth a combined $173M — up 100% from $86.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MBVT positions and 12 closed out — a net gain of 4 holders — while 21 added to existing stakes and 23 trimmed.
The largest buyer was Chicago Capital Management, opening a new position worth an estimated $17.9M. The largest seller was Castine Capital Management, cutting an estimated $7.45M.
- 72 institutional investors held Merchants Bancshares Inc (MBVT) as of Q4 2016, up from 69 in Q3 2016.
- Funds reported $173M of Merchants Bancshares Inc stock for Q4 2016, up 100% quarter-over-quarter.
- 16 funds opened new Merchants Bancshares Inc positions in Q4 2016 and 12 closed out, a net change of +4 holders.
- The largest Merchants Bancshares Inc buyer in Q4 2016 was Chicago Capital Management, an estimated $17.9M added.
- The largest Merchants Bancshares Inc seller in Q4 2016 was Castine Capital Management, an estimated $7.45M sold.
Based on aggregated 13F filings for Q4 2016.